OYO's valuation drop to $2.4B is due to profitability struggles, post-pandemic travel dips, high operational costs, and cautious investor sentiment. The inflated startup valuations are facing a reality check. #OYO #Valuation #Startups #Indian
1K Kirana, a kirana tech startup, is facing potential bankruptcy and a distress sale after significant operational struggles. Founded in 2018, it expanded rapidly during the pandemic but has since downsized drastically, reducing its workforce from ov
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
❗❗Important For All ❗❗
A $450 million Indian startup, Zest Money, shut down due to strict RBI regulations, highlighting the risks of external factors in business.
🚀 $450 million valuation: Zest Money was a leading player in the buy now pay later s
As a startup enthusiast, you must be aware of popular terms such as 'Unicorn,' 'Soonicorn,' and 'Decacorn.' However, Are you aware of the term '𝐙𝐨𝐦𝐛𝐢𝐞𝐜𝐨𝐫𝐧'? 🤔
- The term ‘zombiecorn’ means a startup with a valuation of over $1 Bn that str
GoJek
In the streets of Jakarta, one man's vision was about to change the face of Southeast Asian tech. Nadiem Makarim, a Harvard-educated Indonesian entrepreneur, saw beyond the gridlock and spotted an opportunity that would not only revolutionize