Back

What's the reason behind of OYO valuation crash? They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9

See More
Anonymous

Anonymous 4

 • 

slice • 12m

People forget that at its core, OYO is just an aggregator of budget hotel rooms - a very low-margin, cut-throat business. They tried to masquerade as a tech disruptor worthy of unicorn valuations when the reality is much more modest. Can't keep subsidizing growth indefinitely.

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

The Hustler

Become the 1% • 16d

"Oyo Hits the Jackpot: Ritesh Agarwal Turns Budget Stays into Billionaire Plays!" Oyo just pulled off a desi startup miracle—Rs 623 crore in profit for FY25! Ritesh Agarwal didn’t just check into success; he built the hotel. A 172% PAT jump? That’s

See More
0 replies7 likes

Deepasnhu Chail

Mastering the Game o... • 1y

OYO Rooms In the early days, OYO's founder Ritesh Agarwal went door-to-door convincing budget hotel owners to join their network without any upfront investment from OYO. With limited funds, the team operated ultra-lean - reusing office supplies and

See More
0 replies4 likes
Image Description
Image Description

Bharath Varma

 • 

Google • 11m

𝗕𝗲𝘄𝗮𝗿𝗲: 𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗦𝗰𝗮𝗺 𝗕𝗲𝗵𝗶𝗻𝗱 𝗢𝗬𝗢 𝗥𝗼𝗼𝗺𝘀 𝗕𝗼𝗼𝗸𝗶𝗻𝗴𝘀 OYO Rooms is involved in a scam at high-demand tourist places. They overbook hotels and a lots of rooms on a first-come, first-serve basis. When rooms run out

See More
14 replies26 likes
3
Image Description
Image Description

Sajin

 • 

Foundation • 4m

Oyo revised its rules to allow only married couples with valid proof to check-in, starting with Meerut, UP All hotel partners in the area are advised to deny unmarried couples from checking in According to the Region Head of Oyo North India, this i

See More
38 replies30 likes
3

Shyam Kumar

Startup as a dream • 14d

How did an 18-year-old do what billionaires couldn’t even do in 100 years? He had no IIT tag. No godfather in business. Just relentless curiosity and courage to solve a real-world problem. This is the story of OYO founder Ritesh Agarwal. Born in

See More
0 replies3 likes
Image Description
Image Description

Shiv Bharankar

 • 

Medial • 4m

Understanding the core principles of entrepreneurship: The Power of Persistence:- Keep Going, No Matter What🚀 Day 3 is all about persistence. It’s easy to get discouraged when things don’t go as planned, but the reality is, the road to success is

See More
2 replies2 likes
1

Sanskar Chourasia

UI/UX designer • 6m

The teen with 50 Lakh+ in Bank This is the story of the founder of one of the biggest hotel chains of India - Ritesh Agarwal Ritesh was born in a Marwari family in Bissam Cuttack, Orissa with three siblings. And was brought up in Titilagarh. His fa

See More
0 replies10 likes
1
Image Description
Image Description

Medial Startup Trivia

Trivias Around start... • 9m

A Brief Timeline: Ritesh Agarwal Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00

See More
5 replies55 likes
7

Download the medial app to read full posts, comements and news.