deborah quazzo

Hospitality startup Oyo has finalised plans to pull its IPO and instead look to tap private investors for a fund infusion. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Paytm, Byju’s staff hunt for jobs■ P2P cos go easy on partnerships■ Info Edge reports quarterly resultsOyo may back out of IPO plan, opt for private raise Oyo Hotels & Homes, which first filed a draft application for an initial public offer (IPO) of over $1 billion in October 2021, is scrapping its public listing plans.…

Slowdown in funding is “healthy” for startups as it will make them reassess their models, said Deborah Quazzo, the managing partner at US-based GSV Ventures which has backed edtech unicorns, including Eruditus, PhysicsWallah, and Lead.She said with investment slowing, startups will work with profitability in mind and will not be completely dependent on capital markets.Quazzo told ET during an exclusive interaction that the pace of investments has slowed down in both the US and India and is likely to remain muted for the…