India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

TechCrunch
By Manish SinghMay 7, 2024, 1:44 pm116 pts
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

The Seagate FireCuda 530R is an okay PS5 SSD, but it’s another victim of the ongoing RAM shortage

TechRadar

The Seagate FireCuda 530R is an okay PS5 SSD, but it’s another victim of the ongoing RAM shortage 128

Segway Navimow X4 and i2 AWD robot lawn mower pre-order deals, EcoFlow DELTA 3 series power stations from $408, Aventon, more

Electrek

Segway Navimow X4 and i2 AWD robot lawn mower pre-order deals, EcoFlow DELTA 3 series power stations from $408, Aventon, more 127

Tariffs reshuffle global supply chains, but US manufacturing revival remains elusive

Digitimes

Tariffs reshuffle global supply chains, but US manufacturing revival remains elusive 123

AI bubble concerns ease with Taiwan's IT sector-driven economic growth

Digitimes

AI bubble concerns ease with Taiwan's IT sector-driven economic growth 121

NYSE Eyes 24/7 Tokenized Stock Trading With Weekend Access and Same-Day Settlement

Slashdot

NYSE Eyes 24/7 Tokenized Stock Trading With Weekend Access and Same-Day Settlement 120

New botnet targets HPE OneView vulnerability, so patch now

TechRadar

New botnet targets HPE OneView vulnerability, so patch now 110

You can now edit password-protected Microsoft Office files directly within Google Workspace

TechRadar

You can now edit password-protected Microsoft Office files directly within Google Workspace 103

DOJ Alleges One Venezuelan Used Crypto Stablecoin Tether to Launder $1 Billion for Criminals

Gizmodo

DOJ Alleges One Venezuelan Used Crypto Stablecoin Tether to Launder $1 Billion for Criminals 103

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Ingram Micro reveals ransomware attack…

Ingram Micro reveals ransomware attack hit 42,000 people - here's how to find…

The Fastest Human Spaceflight Mission In…

The Fastest Human Spaceflight Mission In History Crawls Closer To Liftoff

Nvidia Contacted Anna's Archive To…

Nvidia Contacted Anna's Archive To Secure Access To Millions of Pirated Books

Congress Wants To Hand Your Parenting To…

Congress Wants To Hand Your Parenting To Big Tech

WhatsApp Texts Are Not Contracts, Judge…

WhatsApp Texts Are Not Contracts, Judge Rules in $2M Divorce Row

Huge data breach reveals info on 750,000…

Huge data breach reveals info on 750,000 investors - here's what we know, and…

Elon Musk accused of making up math to…

Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft

Valve Has 'Significantly' Rewritten…

Valve Has 'Significantly' Rewritten Steam's Rules For How Developers Must…

Malware control panels could give…

Malware control panels could give experts the tools they need to spy on hackers

Dumbphone Owners Have Lost Their Minds

Dumbphone Owners Have Lost Their Minds