OYO is currently the most important startup in India, if not the world.
Hyperbole?
Maybe not.
For one thing, the budget hospitality startup is currently the great white hope for SoftBank and its $100 billion Vision Fund, the biggest and most influential VC in the world. If SoftBank’s “crown jewel” turns out to be a lump of coal, the fund can all but kiss its chances of raising the second Vision Fund—which is already struggling to get off the ground—goodbye.
For another, OYO is India’s second-largest startup in terms of valuation.