OYO bounces back with profits and fresh IPO plans after a dramatic valuation drop, while MakeMyTrip quietly dominates with steady growth and investor trust. The battle for Indiaโs travel throne is heating upโwhoโs got the edge?
#OYO #MMT #TravelWar
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0 replies20 likes
Harsh Gupta
Breathe ! Cosmos is ...ย โขย 1y
Dear Jaipur, you got me really well ๐ฉถ.
4 replies6 likes
K
Phย โขย 1y
Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
The Indian government has directed telecom operators to enhance disaster preparedness and strengthen network security, underscoring the critical role of telecom in national security and emergency response.
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Account Deleted
Hey I am on Medialย โขย 4m
๐ข๐ฌ๐ข ๐๐ ๐ฅ๐ฎ๐ถ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฎ๐ฟ ๐๐ถ๐๐ต ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐๐ & ๐๐ฃ๐ข!
โข In Q3 FY25, OYO reported a profit of โน166 crores with a revenue of โน1,695 crores, reflecting a 31% growth in revenue.
โข As of December 2024, SoftBank owns 44% of OYO. The