Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ₹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added
See More
Anonymous 3
Hey I am on Medial • 4m
Increasing stake is fine, but can OYO sustain its valuation amid market uncertainties and consistent challenges? I mean the goal was to beat Airbnb globally and...
0 replies
More like this
Recommendations from Medial
Vaibhav Babruwan Shingde
Student • 2m
Lenskart IPO Also Coming Soon!
• Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion.
• In FY24, Lenskart generated ₹5,427 crores in revenue, a 23% increase from the last financial year
Today I had a meeting with a Startup founder who featured on Shark Tank India. The focus was increasing her Startup's valuation, so I was conducting due diligence. While reviewing her trademark application, I noticed she had applied for it herself, w
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
Idea For You Implement Now—
“ All In One EV maintenance and repair hub ”
So guy's according to my research Ev vehicle's and charging stations are increasing everywhere in India and globally because hundreds of companies and countries are investing
Top News of the Day:
1. Australia fines Telegram for delay in answering child abuse, terror questions
2. Meta recently laid off 3,600 employees and announced significant bonuses for its executives, increasing them to 200% of their base salary.
3.
Transfer Rights Clauses in SHAs from an Investor’s Perspective!!
When investing in startups, a well-drafted Shareholders Agreement (SHA) isn’t just a formality, it’s the foundation that protects their financial interests and ensures strategic contro
Top News of the Week
1. Funding:
- The week saw the first mega funding deal materialise for an Indian startup in the form of healthtech unicorn Innovaccer’s $275 Mn Series F fundraise.
- On the back of this, healthtech emerged as the most funded
Prosus invests $100M in Vastu Housing Finance Corp Ltd.
Prosus Makes Strategic Investment in Housing finance firm Vastu
Vastu Housing Finance Corp Ltd. is achieving great heights in the Indian housing finance industry. Prosus is a global investment p
See More
0 replies4 likes
Harsh Dwivedi
•
Medial • 6m
Top News of the Day:
1. Waycool, the Chennai-based agriculture supply chain firm, has raised Rs 100 crore (about $12 million) in debt financing from Grand Anicut.
2. Unified Payments Interface (UPI) has achieved a significant milestone by processin
