Oyo valuation crashes over 75% in new funding
Oyo's valuation has dropped from $10 billion to $2.4 billion after raising $173.5 million in a Series G funding round.
MAIN POINTS
- Oyo's valuation decreased significantly from $10 billion to $2.4 billion.
- The startup raised $173.5 million in a Series G funding round.
- Investors in the new round include InCred Wealth, Patient Capital, and J&A Partners.
TAKEAWAYS
- Oyo's financial valuation has seen a sharp decline.
- The company successfully secured new funding despite the lower valuation.
- Multiple investors participated in the latest funding round.