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
I heard that they closed most of their loss making hotels. But didn't actually realised that they are becoming a just a hotel marketplace.
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myroom
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India's homegrown e-commerce marketplace, has launched a new hotel-booking feature, myroom Hotels, on its platform to bolster its offerings in the travel sector. myroom Hotels
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Havish Gupta
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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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I have an idea. I saw that many people wait outside the hotel. When the table gets empty, they will go and sit, so I thought Why not make an app which will show the Many hotels nearby will be listed there. People will make the booking there. After th
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If you look at many Startups account statement, they show themselves in loss. Many of them working from 8 to 10 years. Can someone clear my doubt that "are they really in loss??'"...and if they are then why investors still drained their valuable mone
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We often talk about India becoming a superpower, but we can't ignore the high wealth inequality here.
Have you ever felt that India is actually a poor country in some situations?
How these sharks can invest so much in so many businesses??
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they didn't create companies, they created future.
they are great at reimagining what is possible. they read and learn. they become obsessed with something. they see the hidden patterns. a vision of the future that others can't.
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👉The most Immature way that one can build their Startup:
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You should try to start your business with bootstrap.
Nowadays their is a trend of Startup funding, every Entrepreneur needs funding for show off. And as a result you can see that most of the Indian Startups are loss making.
They spend money withou