Ecosystem Roundup: NIUM’s losses surge 120%; Layoffs at Tokocrypto; Oyo valuation down 20% to US$2.7B

SoftBank trims Oyo’s valuation by over 20% It is now down to US$2.7B from US$3.4B earlier; The decision reportedly came despite the hospitality startup registering improved revenue in FY2022; The Indian company is eyeing a public market debut in 2023. NIUM’s losses surge 120%, revenue doubles in 2021 The B2B unicorn, which provides payment and […] The post Ecosystem Roundup: NIUM’s losses surge 120%; Layoffs at Tokocrypto; Oyo valuation down 20% to US$2.7B appeared first on e27.