Zomato posts Rs 175 Cr PAT in Q4 FY24, revenue grows 8.3%.
• I am very happy nowadays by seeing Our startups are going profitable such as OYO , Zomato and before Urban Company 🙌♥️.
• It's great trend for VC's to invest in Indian Startups by provid
I think , People should think both the sides about OYO , OYO is very affordable in compare to Oborei hotels and everyone can stay at OYO at affordable price that's why SoftBank acquired 46% of OYO.
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may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
Let's decode one pattern :
• Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO.
• Startups backed by Softbank such as OLA Electric and OYO are ra
Business Incidents
Oyo started by aggregating budget hotels on their platform, similar to Airbnb. They listed properties but didn't control the experience (think: just a listing site). Their pivot transformed them into a franchisor. Now, they partner
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17 replies7 likes
Vansh
Stealth • 5d
i think oyo is making a very big mistake.
according to sources they plan to apply for couples only entry in all partnered hotels.
This can give them free Marketing but on the business side they may backfire. if they only allow couples then normal
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3 replies3 likes
Vishal
Stealth • 24d
Many people's are staying in a hotel to stay only at night and the hotels cost very high.i,m willing to start a night stay which costs very low thn the hotels and it will be clean and smooth and safety..like a boxes where people sleep and wakeup at m
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0 replies2 likes
Havish Gupta
Stealth • 3m
OYO Spent $525 Million to acquire a Hotel Chain called G6 Hospitality. G6 has an network of over 1500 hotels in US and Canada and generates an revenue of about $1.7 Billion.
What do you think about this move?
SoftBank's Vision Towards India!
• In mid-2024, SoftBank Investment Advisers resumed its investments in India after an 18-month long pause.
• SoftBank's portfolio has shown significant growth, with a value of $14 billion, including all Vision Funds
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6 replies14 likes
SamCtrlPlusAltMan
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OpenAI • 6m
Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion.
Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $
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
Shubham Sinha
Stealth • 1m
Why only Oyo hotel now change for old age
*oldo hotel*
See I have a clear concept on Oyo hotel to old age oldo hotel ।
Where the single stay in the hotel creates thirteen percent oldo funds for old age homes nearby ।
Our concept is clear that youn