Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion.
Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $
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Havish Gupta
Stealth • 4m
80% drop in Valuation. Ritesh surely got some plans 😏
Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?
India’s new age listed companies valuation crossed $100 Billion.
Total listed valuation: $65 billion
Current valuation: $100.5 billion
Out of which we got 4 decacorns
Zomato, Paytm, infoedge(listed in 2006), makemytrip
1 replies2 likes
Abhijit Jha
Stealth • 1m
Hello everyone!!!
Drop some idea to grow dropshipping business in India
I got bad marks in all entrance exams now
Should I take a drop year or should I just join a random college
15 replies7 likes
Vaibhav Babruwan Shingde
Stealth • 6m
Interesting News From OYO 🤔🤯
• India’s Oyo, once valued at $10B, seeks new funding at 70% discount.
• Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion.
• Negotiating with investors like Malaysia's Khazan
Almost closed 80% target of a Pre-Series A round with some veteran angels and HNIs Paperwork is on.
Now got to fill up the 20%, i.e. 1.6 Crores.
Conversations started really slow at first, and tumbled down faster in a delightful way. 😌
2 replies4 likes
Vrishank Raj
Stealth • 3m
A startup is seeking a Seed investment. The startup is valued at $5 million pre-money and is looking to raise $650,000 in this round. After this round, the startup plans to raise an additional $2.5 million in a series A round at a post-money valuatio
What went wrong with BYJU'S I believe the founder must have had some aspirations but things surely didn't go in his way, why is that so?
1 replies5 likes
Mr Z
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Medial • 9d
Elon Musk on how choosing the wrong VC almost killed Tesla
"If you have a choice of a lower valuation with someone you really like or a higher valuation with someone you have a question mark about, take the lower valuation."
Elon tells part of the
A Brief Timeline: Ritesh Agarwal
Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00