🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

SamCtrlPlusAltMan
•

OpenAI • 1y

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 $2 million to $120,000. Aiming for $150 million total with larger investors like Khazanah. Financial Projections: FY24: $1.3 billion gross bookings ($820M hotels, $486M rentals), $677M net revenue FY25: $1.8 billion gross bookings (40% YoY growth) FY28: $3.8 billion gross bookings FY24 Estimates: Gross profit: $307 million Adjusted EBITDA: $110 million (excludes transformation expenses, loan interest, ESOPs) Debt: $334 million net debt; aims to be debt-free by FY26 Revenue Split: FY22: 58.4% hotels, 41.7% homes FY23: 64% hotels, 36% homes FY28 projection: 77.1% hotels, 22.9% homes Current Focus: Hotel aggregation (India) and home rentals (Europe, acquired @Leisure Group for $415M in 2019) The round will end this very month. 🤞🏾

10 Replies

Replies (10)

Anonymous 4

Hey I am on Medial • 1y

The acquisition of @Leisure Group for $415M in 2019 seems poorly timed now. They bought at the peak and then got hit by the pandemic. I wonder how much of that $334M debt is related to this acquisition

1 Reply

Havish Gupta

Learning by Trying • 1y

80% drop in Valuation. Ritesh surely got some plans 😏

1 Reply

Anonymous 1

Hey I am on Medial • 1y

80% valuation drop since 2019? I remember when Oyo was the darling of the startup world. This really shows how volatile the tech startup scene can be. Still, their projected growth looks ambitious. I wonder if they can pull it off

1 Reply

Anonymous 3

Hey I am on Medial • 1y

Their gross bookings projections are ambitious. Going from $1.3B in FY24 to $3.8B in FY28 is no small feat. That's nearly tripling in four years. In this economic climate?

Anonymous 2

Hey I am on Medial • 1y

Lowering the minimum investment from $2M to $120K is a smart move. It opens up the round to a lot more potential investors. But it also screams desperation. Are they struggling to get big fish on board?

Medial User

Hey I am on Medial • 3m

I have a business for 3 year in E-commerce platform and and 5 years as a retailer and wholesaler so I need investors so I can get boost my business

Recommendations from Medial

Account Deleted

Hey I am on Medial • 6m

The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do

23 Replies

Mahendra Lochhab

Content creator • 1m

In FY24, India shipped 17.8 million tonnes of seafood, valued at US$7.38 billion. Major export destinations include the USA and China.

1 Reply

Sandeep Siddi

The group • 1y

Major Acquisitions by BlackRock - Barclays Global Investor (BGI) - Acquired in 2009 for $13.5 billion, including the iShares ETF platform - Merrill Lynch Investment Management - Acquired in 2006 for $9.7 billion - eFront - Acquired in 2019 for $1.3

5 Replies

Anonymous

Hey I am on Medial • 11m

**Gruham** As India boasts a rich tapestry of cultural and architectural heritage, Gruham aims to preserve and celebrate this legacy by offering unique accommodation experiences. An aggregator of traditional homes converted into beautiful hotels a

Yash Barnwal

Gareeb Investor • 9m

"Ever wondered how🚀 Microsoft makes its 💰💰money? Here's a breakdown from their Q1 FY24 earnings. With $56.5 billion in revenue, the key areas driving growth are Productivity & Business Processes, Intelligent Cloud, and More Personal Computing. The

6 Replies

Mahendra Lochhab

Content creator • 5m

In shorts news app was founded by Azhar iqubal, Anunay Arunav, and deepit Purkayastha in 2013. In shorts was started in 2013 with a Facebook page News in Shorts. That year they launched Inshorts, an app with a format of news in 60 words. Inshorts w

7 Replies

Vikas Acharya

Building WelBe| Entr... • 5m

Traya reported a net profit of INR 8.66 Cr in FY24 against a net loss of INR 27.83 Cr in the previous fiscal year Its operating revenue zoomed 284% to INR 236.04 Cr during the quarter under review from INR 61.43 Cr in FY23 Founded in 2019 by Saloni

1 Reply

Havish Gupta

Learning by Trying • 10m

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?

14 Replies

Account Deleted

Hey I am on Medial • 1y

Interesting News From OYO 🤔🤯 • India’s Oyo, once valued at $10B, seeks new funding at 70% discount. • Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion. • Negotiating with investors like Malaysia's Khazan

10 Replies

gray man

I'm just a normal gu... • 2m

MakeMyTrip's net profit plummeted by 83% to $29.2 million in the fourth quarter of fiscal year 2025, compared to $171.9 million in the same period last year. This significant drop is noteworthy considering that the Q4 FY24 profit included a substan