Caitlin Panasci’s Post

India’s Oyo, once a $10B startup sensation, secures new funding at a $2.5B valuation – a notable shift in the ever-evolving startup landscape. #StartupNews #TechTrends #Oyo #Funding https://shorturl.at/dgq1l - Oyo has faced difficulties raising funds from institutional investors and has turned to high-net-worth individuals. - Oyo achieved a net profit of $12 million for the financial year ending in March. Founder Ritesh Agarwal had taken on $2 billion in debt in 2019 to increase his stake in Oyo. - Oyo has scaled back its international operations, previously active in markets like the U.S. and Europe. - InCred, a financial firm working with Oyo, highlighted the startup's profitability and significant valuation discount, anticipating a public listing in 18-24 months. #followformorepost

India’s Oyo, once a $10B startup sensation, secures new funding at a $2.5B valuation – a notable shift in the ever-evolving startup landscape. #StartupNews #TechTrends #Oyo #Funding https://shorturl.at/dgq1l - Oyo has faced difficulties raising funds from institutional investors and has turned to high-net-worth individuals. - Oyo achieved a net profit of $12 million for the financial year ending in March. Founder Ritesh Agarwal had taken on $2 billion in debt in 2019 to increase his stake in Oyo. - Oyo has scaled back its international operations, previously active in markets like the U.S. and Europe. - InCred, a financial firm working with Oyo, highlighted the startup's profitability and significant valuation discount, anticipating a public listing in 18-24 months. #followformorepost

😮 OYO's Valuation Takes a Turn: A New Funding Round on the Horizon 😮 OYO, the once high-flying Indian budget-hotel chain startup, is making headlines with a potential new funding round of $100 million to $125 million. However, this injection of capital comes at a price, with the company's valuation reportedly slashed to $2.5 billion. 📉 This substantial decrease from its peak valuation of $10+ billion in 2019 reflects the dynamic and ever-evolving nature of the startup landscape. 🎢 Yet, it's important to remember that OYO remains a major player in the hospitality industry, and this new funding round could signify a strategic move to consolidate its position and focus on sustainable growth. 🤔 #OYO #Valuation #FundingRound #Startup #Investment #HotelIndustry #Economic #Finance #BusinessGrowth #2024Updates #MarketTrends #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/gb9mUe3t

OYO, once valued at $10 billion, now seeks funding at a steep discount, potentially at $3 billion. The move reflects investor skepticism. With IPO plans in limbo and SEBI approval pending, the startup navigates challenges in a shifting market landscape. #Oyo #Startup #Funding #Investment #MarketTrends

The recent news of Oyo's down round, securing a fresh $100-$125 million at a $2.5 billion valuation, a significant drop from its 2019 peak of $10 billion, signals a recalibration in the Indian startup ecosystem. 🔄 Key takeaways 1. Market Correction: Oyo's down round aligns with the broader trend of market corrections in the Indian tech industry, particularly for startups that experienced inflated valuations during periods of high investor enthusiasm. It's a reminder that what goes up unrealistically must come down 2. Pivot to Profitability: Despite the valuation decrease, Oyo's recent achievement of a $12 million net profit in the last financial year is a positive sign. It’s a shift in focus towards profitability. 3. Strategic Focus: Oyo's withdrawal from international markets and refocusing on its core Indian operations indicates a more prudent approach to market expansion. 4. Investor Sentiment: The fact that Oyo is now targeting high-net-worth individuals for funding, after struggling to attract institutional investors, suggests a change in investor sentiment. However, the participation of InCred, a reputable financial firm, in this round offers a degree of credibility and could attract further investment. 5. Founder's Commitment: Ritesh Agarwal's substantial personal investment in Oyo, despite the company's challenges, demonstrates his unwavering commitment. Oyo's current situation is a reality check for both the company and the broader Indian startup ecosystem. It underscores the importance of sustainable growth, profitability, and strategic decision-making. However, the company's recent profitability, refocused strategy, and strong founder commitment present a potential opportunity for investors seeking value in a maturing market. The coming months will be crucial in determining whether Oyo can leverage this down round to chart a path towards sustainable growth and a successful future or end up like its Indian Unicorn counterpart - Byju Also, need help on your Startup fundraising Pitchdeck? We’ve help startups raise over 15m dollars since starting this year. Visit us Pitch Please or at www.pitchpls.com

We encounter trendy startup terms like Minicorn, Soonicorn, and Unicorn daily. Today, let's dive deeply into the intriguing realm of startup valuations and unravel the different "corns" that have been integrated into the financial vocabulary. 🌽 Mincorn 🌱 🎸Definition: A Mincorn is a startup with a less than $1 million valuation. 🎸Example: Many early-stage Indian startups fall into this category. For instance, a new e-commerce venture that is just getting started. 🌽 Soonicorn 🚀 🎸Definition: A Soonicorn is typically a startup that is valued just below the $1 billion mark, often in the range of $900 million to $999 million 🎸Example: Zerodha, a popular Indian stock brokerage platform, was once a Soonicorn before achieving Unicorn status. Capillary Technologies is another example of Soonicorn. 🌽 Unicorn 🦄 🎸Definition: A Unicorn is a startup valued at $1 billion or more. 🎸Example: Nykaa, the e-commerce giant, is a prime example of an Indian Unicorn. 🌽 Decacorn 🔟 🎸Definition: A Decacorn is a startup valued at $10 billion or more. 🎸Example: Paytm, a digital payments and financial services platform, is a well-known Indian Decacorn. 🌽 Hectocorn 💯 🎸Definition: A Hectocorn is a startup valued at $100 billion or more. 🎸Example: Reliance Jio, the telecommunications and technology conglomerate, aspires to reach Hectocorn status. 🌽 Zombieocorn ☠️ 🎸Definition: A Zombieocorn is a startup with a $1 billion or more valuation but struggles to grow or sustain its business, often facing financial difficulties. 🎸Example: Kingfisher Airlines, which reached Unicorn status but eventually faced financial challenges, is a notable Indian Zombieocorn. In the dynamic world of startups and finance, these "corns" help us gauge the health and potential of emerging companies. Valuation alone doesn't determine a startup's success; its ability to innovate, adapt, and create sustainable growth truly matters. Let's keep learning and growing together! 🚀💰 #FinanceExplained #StartupJourney #UnicornClub #finance #investmentbanking #startups #startupfunding Thanks, Parth Verma, sir, for the guidance

New Post: India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation - https://lnkd.in/gssuGd-7 - Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch.  That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $10 billion in 2019. The startup, struggling to raise from © 2024 TechCrunch. All rights reserved. For personal use only. - #news #business #world -------------------------------------------------- Download: #Google #Font #Tester - https://lnkd.in/gKAZYbVN

India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation New Fundraise : OYO is finalizing a fresh fundraise of $100 million to $125 million, lowering its valuation to $2.5 billion, a significant drop from its $10 billion valuation in 2019. Targeting High-Net-Worth Individuals : Struggling to attract institutional investors, Oyo has been pitching to high-net-worth individuals. InCred, a financial firm, highlighted the investment's potential, noting Oyo's profitability and substantial discount from its previous valuation. IPO Plans Shelved : Oyo recently shelved its IPO plans and has withdrawn its IPO application from the Indian market regulator, SEBI, twice in the last four years. The startup had initially sought a $1.2 billion raise at a $12 billion valuation in 2021. Backers and Operations : Oyo is backed by investors including SoftBank, Peak XV Ventures, Lightspeed, Airbnb, and Microsoft. The company has scaled back its international operations and focuses on helping hoteliers with digital bookings and payments. Financial Performance : Oyo reported a net profit of $12 million for the financial year ending March. Founder Ritesh Agarwal had taken a $2 billion debt in 2019 to increase his stake in the company, but the current status of that debt remains undisclosed. Read the full article here - https://lnkd.in/gA3GN9U3 #oyo #funding #startupnews #startupnewsfyi

After a distasteful 2022 in terms of Indian startups embarking on the stock market route, the ongoing year has done a slightly better job👇 Well, against the three startups that went public in the year infamous for breeding the funding winter, 2023 has seen five startups floating their IPOs so far. However, next year is expected to be interesting for the startup IPOs, as several prominent startups, including Swiggy and Ola Electric, are eyeing public listings. #IPO #Startups #India #Inc42

This year, the Indian #startupecosystem witnessed a slight rise in the number of #IPOs, though many continued to delay their listing plans... As 2023 draws to a close, we tried to analyse and decode the trends that have emerged in contrast to the broader IPO market. What do you think the next year will look like for #startups that are looking to enter the D-Street? Most-awaited 2024 startup IPOs: #olaelectric #swiggy #awfis #oyo #navi, #digitinsurance #payu Inc42 Media Shishir Parasher Vinay Rai Sabith Ek