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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Anonymous 4
Hey I am on Medial • 9m
The acquisition of @Leisure Group for $415M in 2019 seems poorly timed now. They bought at the peak and then got hit by the pandemic. I wonder how much of that $334M debt is related to this acquisition
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 $
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
Peak XV will likely make a 11x return from Unilever's acquisition of Minimalist for ₹2,955 Cr.
They hold a 27.43% stake in Minimalist, valued at ₹ 810 Cr.
Starting with a ₹14.25 crore seed cheque in 2019, followed by a ₹60 crore infusion during t
☕ Why Did India’s Largest Coffee Chain Struggle?
Cafe Coffee Day (CCD), once India’s largest coffee chain, faced major setbacks:
1️⃣ Aggressive expansion funded by unsustainable debt.
2️⃣ Rising competition from global giants like Starbucks.
3️⃣
The $12 Billion QCom Startup You Never Heard Of!
This is the story of Getir, a QCom startup founded by Nazım Salur in 2015 in Istanbul.
Urban living was becoming more fast-paced, and there was a growing demand for instant access to everyday items w
Slicing Through the FinTech Noise: Ranjan Bajaj
In a country where credit card penetration remains stubbornly low, one startup has managed to carve out a significant niche. Slice, founded by Ranjan Bajaj in 2016, has rapidly become a force t
Summary of the Week:
1. Fundings: Indian startups cumulatively raised $260.1 Mn from 31 deals between April 15-20:
- An uptick in the investment activity across the ecosystem. Between April 15 and 20, startups cumulatively raised $260.1 Mn across 3
1. Key Startup Funding Highlights Of The Week
- Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week
- Lightspeed, Peak XV and Elevation Capital backed multiple startu
1. Fundings:
- During the week, 30 Indian startups raised a total of approximately $357.29 million, including 6 growth-stage and 21 early-stage deals, while 3 startups kept their funding details undisclosed.
- Used car platform Spinny raised $131 l
