Why OYO's billion-dollar fundraise can't hide sustained slowdown in startup funding

Walmart acquired Flipkart, Paytm became Warren Buffett-led Berkshire Hathaway’s first bet in India, and SoftBank-backed OYO is now valued more than the country’s top three luxury hotel chains combined. It may seem like sunny days are here again for the Indian startup ecosystem but the numbers suggest otherwise. In reality, venture ......