Deals
OYO has reportedly attained a valuation of $2.38 billion with the latest investment.
Analysis
Some of our top stories this week look back into the first six months of the year and make forecasts for H2 2024.
Unicorns
The latest investment has reportedly valued OYO at $2.38 billion post-allotment.
Interviews
The fund will invest in mid-sized firms preferring cash flow over asset-based lending.
Antler will make 20 investments and the cheque size will be $500K.
Venture Capital
The firm expects to hit the first close within a year.
From its $1b fund, RTP Global plans to make around 21-22 investments in India and 5-6 in SE Asia.
Top six startups together raked in $1 billion or 53% of the total deal value in the month.
Private Equity
The fund is expected to hit its first close in five to six months.
IPOs & Markets
OYO is said to be in talks with InCred to raise $80-90m at a valuation of $3-4b.