Invesco slashes Swiggy’s valuation to $5.5 bn
The investor valued Swiggy shares at $3,305 as of January 31, 2023, way less than $4,759 in October 2022
The investor valued Swiggy shares at $3,305 as of January 31, 2023, way less than $4,759 in October 2022
OYO will let go of 10% of its staff from its product, engineering, corporate and vacation homes teams. Layoffs are seen as a clean-up ahead of its IPO launch next year.
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
Marked by funding frenzy and a record number of unicorns, 2021 was a dream run for Indian start-ups. But, rising geo-political tensions and volatile domestic market could play spoilsport this year.