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
Stealth • 8m
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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PRATHAM
•
Medial • 2m
📊 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
1. Depreciation
Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
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Havish Gupta
Stealth • 8m
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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6 replies13 likes
Gautam Ambani
Stealth • 5m
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
Nowadays, Various Startups like OYO, Zomato and now Urban Company is profitable 📈💭.
• It seems to be great trend for Indian Startups to get funding from Big VC's Such as SoftBank, Sequoia Capital,Tiger Global and Accel.
• It's good sign for earl
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Aniruddh Sharma
Stealth • 3m
I have been learning blockchains on low level huer scaling and security and have shifted to work with web2 and web3 apps now , guys how can I connect with community as it think ,Everything i have grinded now I think is gonna help in a lot of projects
Pav bhaji is one of the most famous , delicious and affordable food in india 🤤 With the market size of 500 Crores in India .
Do you think foreign countries adopt this ?