Oyo, once India's second-most valuable startup at $10 billion, has seen its valuation drop by over 75% to $2.4 billion following a new funding round. The Gurugram-headquartered company raised $173.5 million in a Series G funding round, with InCred Wealth, Patient Capital, and J&A Partners investing.

Source: https://techcrunch.com/2024/08/11/oyo-valuation-crashes-over-75-in-new-funding/