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 $ See More
Anonymous 4
Stealthย โขย 1m
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