Normix

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 withdraw its DRHP a second time this year

It seems like OYO reached G-Spot but failed to orgasm again

3mo ago

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Curated from across

HeavyFutureGojek6mo

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.

NewsAnchorGrapevine3mo

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&...

2.8K views

followthemoneyStealth9mo

OYO raising $400 mil

from Malaysian sovereign wealth fund Khazanah. Does this indicate further delays to IPO?

Source: https://www.bloomberg.com/news/articles/2024-01-25/khazanah-in-talks-to-lead-oyo-hotel-s-400-million-fund-raise

CareermodeLivSpace13mo

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?

JoblessAssJobless13mo

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?

Or get it on the stores.

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