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may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).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
Oyo spices up its hospitality game by launching in-house kitchens and quick service restaurants at its Townhouse hotels, blending comfort with cuisine.
0 replies8 likes
Sameer Patel
Work and keep learni... • 1y
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
Vaibhav Babruwan Shingde
Student • 3m
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
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
Chamarti Sreekar
Passionate about Pos... • 23d
Zomato started as a food blog.
Now it’s a public company delivering food across India. Lesson? Start small, think big, act fast.
OYO didn’t start with hotels.
Ritesh Agarwal launched Oravel as an Airbnb clone. The pivot to budget hotels built the em
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1 replies12 likes
Vishal
Business is everythi... • 5m
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
Figuring Out • 8m
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
