SoftBank, the largest backer of Oyo, has cut the Indian hotel chain startup’s valuation to $2.7 billion despite its claims of improved finances in recent months, a person familiar with the matter said. The Japanese conglomerate, which had slashed its internal valuation of Oyo to $3.4 billion earlier, further slashed the valuation of Oyo by […]
SoftBank slashes Oyo’s valuation to $2.7 billion by Manish Singh originally published on TechCrunch...