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
Stealth • 6m
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
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
Top News of the Week:
1. Funding:
- Indian startups cumulatively raised $217.84 Mn via 31 deals, a 273% increase from last week's $58.36 Mn raised across 16 deals
- With top fundraising like TechnoSport and Libas bagging $25 Mn and $18 Mn respecti
Top News of the Day:
1. One Card secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47
2. The Indian Space Research Organisation (ISRO) has achieved a significant milestone in its space programme with the successful sea-level hot
Top news of the Week:
1. Key Startup Funding Highlights Of The Week
- While a mega deal materialised in the form of NBFC Finova Capital’s Series E funding round in the final week of October, no deals worth over $100 Mn took place in the first week
