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Kishan Kabra

Founder & CEO • 1y

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

Chetan Bhosale

Software Engineer | ... • 1y

Also there are so many frauds happening when you book Oyo room, customer facing so may issues. So customer looks for alternative after this

Kishan Kabra

Founder & CEO • 1y

Please elaborate

Chetan Bhosale

Software Engineer | ... • 1y

Lots of time when you book hotel on application and you reach hotel they steel ask for more money even though you booked hotel online. And when you try to connect to support they ignore you, it happened to me 3 times and now I use alternative like booking.com or I direct call hotel and book room

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Kishan Kabra

Founder & CEO • 1y

That's such a lower level of customer support, btw good decision.

Chetan Bhosale

Software Engineer | ... • 1y

Sorry for some typing mistakes

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