OYO founder Ritesh Agarwal to invest $65 million raising firm’s valuation to $3.8 billion
Agarwal will buy over 12.9 crore shares at Rs 42.6 apiece which will increase his stake in the company from 30% to 32%.
18 November, 2024•2 min
0
18 November, 2024•2 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
Fintech giant Revolut’s India ambition needs a dose of reality
The UK-based company will have to go above and beyond to survive a fiercely competitive and price-conscious market with strict regulations.
You may also like
Internet
boAt’s best days are behind it
The consumer electronics startup jumped through the ranks to become India’s top audio and smartwatch brand. Just as quickly, the IPO-bound company appears to be losing steam and its comeback looks uncertain.
Internet
In Indian VC landscape, capital outpaces opportunity
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
Internet
What Pronto’s $25-million fundraise isn’t telling us
The 10-minute house help startup has generated plenty of buzz. But its funding, valuation and founder dilution details suggest a complicated future.