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
Exit From OYO :
OYO's early investors, like Lightspeed, are selling shares at a $3.9B valuation.
This is higher than the $1.5B from August 2024 but below the $9B peak in 2021.
They're negotiating with family offices, eyeing an IPO.
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Inactive
Stealth • 5m
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
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❗❗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
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Vrishank Raj
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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
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