Insight Partners is reportedly on the cusp of on more than $ 10 billion in capital commitments for its 13th fund, per the FT. The FT report notes that two of Insight’s portfolio companies were acquired in the last week. One of these, the threat intelligence company Recorded Future, which sold to Mastercard for $ […]
India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation
Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $ 100 million to $ 125 million that slashes its valuation to $ 2.5 billion, two people familiar with the matter told TechCrunch. That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $ 10 billion in 2019. The startup, […]