Oyo in funding talks at 70% drop in valuation: report
Photo credit: Tech in Asia Indonesia
Oyo is in discussions to raise fresh funds at a valuation of US$3 billion or less, TechCrunch reported, citing people briefed on the situation. The amount is a far cry from the India-based hospitality firm’s US$10 billion valuation in 2019, when its founder Ritesh Agarwal looked to borrow US$700 million to buy back shares.
……Read full article on Tech in Asia
Business
One-stop lifestyle app dedicated to making life in Singapore a breeze!
English
简体中文
Comments
Leave a comment in Nestia App