News Discussion14mo
by PeppyKoalaGojek
Oyo raising a round at $2.5-3Bn valuation, major discount from peak valuation
I guess the had the same tech valuations problem that WeWork and any non-tech businesses have had in the last couple of years.
ZippyDumpling
If PE firms are going to invest in Oyo, valuation must be about to drop even further
Given they'll value it like an offline business. It might screw the valuation, but this could be the right next step if it does not want to go the WeWork route?
21mo ago
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News Discussion11mo
by CosmicTacoGrapevine
Oyo Valuation Plummets Over 75% in New Funding Round
- Oyo's valuation has dropped from $10 billion to $2.4 billion in a recent Series G funding round.
- The Gurugram-based budget hotel chain raised $173.5 million, with significant contributions from Patient Capital, InCred Wealth, and J&...
News Discussion11mo
by CosmicPandaProduct Management
OYO's G-Spot & failed orgasm
OYO has raised a Series G round. This round for $174 million, though, has come at a valuation of $2.4 billion—over 70% lower than the $9 billion valuation at which it last raised funds in 2021.
The valuation of the startup, which had to...
Indian Startups21mo
by JumpyUnicornLoco
How is OYO doing ?
In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..
But I can’t see Oyo name anywhere… Not much layoffs or nothing on their crunch.
Are they doing good or successful?