Interesting News From OYO 🤔🤯
• India’s Oyo, once valued at $10B, seeks new funding at 70% discount.
• Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion.
• Negotiating with investors like Malaysia's Khazan
I think , OYO is profitable now with EBITDA of 267 Crores.
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Vaibhav Babruwan Shingde
Student • 2m
𝗢𝗬𝗢 𝗜𝘀 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗕𝗮𝗿 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗳𝗶𝘁𝘀 & 𝗜𝗣𝗢!
• In Q3 FY25, OYO reported a profit of ₹166 crores with a revenue of ₹1,695 crores, reflecting a 31% growth in revenue.
• As of December 2024, SoftBank owns 44% of OYO. The
All we know that OYO is dominating the low budget hospitality Sector of India.🤑🤩
But Now OYO is now expanding it's business to Premium Category, Do you think that OYO will dominate all the hotel Sector by competing with Oberoi , Taj and major hot
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Tejas Mahalinga
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One of the best performing and most profitable startup in India.
Revenue : 9,372 crores
Profit : 5,496 crores.
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Vaibhav Babruwan Shingde
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📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
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OYO is Now Profitable.
In the latest Quarter, OYO reported a profit of 30 Crore Rs. And this is impressive with considering the fact that during Covid, it losses had hit almost 12,000 crore.
But how did they did this?
1) firstly they closed more th
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Gautam Ambani
Money Magnet • 11m
LOL
Same story of all startups waanna be listed on BSE , NSE.
Don't give a shit about profit until want to go public.
Do profit before a year or two wanted to do IPO.
OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc
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Havish Gupta
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Myntra is now finnally profitable!
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Mridul Das
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🚀 EBITDA Explained in Simple Terms! 🚀
Ever wondered how much money a business actually makes before all those sneaky expenses like taxes, interest & depreciation? That’s where EBITDA comes in!
🔹 It shows how profitable a company really is!
🔹 Su