Oyo raising a round at $2.5-3Bn valuation, major discount from peak valuation

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?

• 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&...

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...

This is an after thought from what happened at Mojocare and Gomechanic.

I too have been at a startup that was upto similar stuff. Was really large at one point, until everyone figured something was off.

For me, the first year or ...