Get the latest tech news

India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation


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 India's Oyo is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion.

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version… We could be entering a renaissance for human spaceflight research, as a record number of private citizens head to space — and as scientists improve techniques for gathering data on… The high-profile addition is likely intended to satisfy critics who think that OpenAI is moving faster than is wise for its customers and possibly humanity.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of India

India

Photo of new funding

new funding

Photo of 2.5B valuation

2.5B valuation

Related news:

News photo

What the CEO of Microsoft-owned GitHub has to say on the company laying off 80% of its employees in India

News photo

The rise and fall of Koo, India’s once-thriving Twitter alternative

News photo

India’s 360 One acquires mutual fund app ET Money for $44M