Hey I am on MedialĀ ā¢Ā 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
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OpenAIĀ ā¢Ā 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 $
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Hey I am on MedialĀ ā¢Ā 1y
Interesting News From OYO š¤š¤Æ ā¢ Indiaās 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
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Believe me, itās not...Ā ā¢Ā 9m
Peak XV will likely make a 11x return from Unilever's acquisition of Minimalist for ā¹2,955 Cr. They hold a 27.43% stake in Minimalist, valued at ā¹ 810 Cr. Starting with a ā¹14.25 crore seed cheque in 2019, followed by a ā¹60 crore infusion during t
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Top 15 Failed or Declined Indian Companies š 1. Kingfisher Airlines (2012) Cause: Heavy debt, poor financial planning, failed merger with Air Deccan. 2. Satyam Computers (2009) Cause: Major corporate fraud involving falsified accounts worth ā¹7
See MoreFounder @StudyFlames...Ā ā¢Ā 9m
ā Why Did Indiaās Largest Coffee Chain Struggle? Cafe Coffee Day (CCD), once Indiaās largest coffee chain, faced major setbacks: 1ļøā£ Aggressive expansion funded by unsustainable debt. 2ļøā£ Rising competition from global giants like Starbucks. 3ļøā£
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Entrepreneur | Build...Ā ā¢Ā 5m
India is becoming a country where you can be broke, but still look rich š„ We now live in a country where someone earning ā¹45,000/month Drives a 17 lakh SUV Buys a 1 lakh iPhone Hosts a 15 lakh wedding All without actually having the money all as
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Figuring OutĀ ā¢Ā 6m
The $12 Billion QCom Startup You Never Heard Of! This is the story of Getir, a QCom startup founded by Nazım Salur in 2015 in Istanbul. Urban living was becoming more fast-paced, and there was a growing demand for instant access to everyday items w
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Trivias Around start...Ā ā¢Ā 1y
Slicing Through the FinTech Noise: Ranjan Bajaj In a country where credit card penetration remains stubbornly low, one startup has managed to carve out a significant niche. Slice, founded by Ranjan Bajaj in 2016, has rapidly become a force t
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Thatmoonemojiguy šĀ ā¢Ā 4m
āļø How Indiaās Biggest CafĆ© Empire Brewed Success and Burned Out Before Starbucks or Blue Tokai, there was one name that defined coffee in India: CafĆ© Coffee Day (CCD). Launched in 1996 by V.G. Siddhartha, CCD wasnāt just a cafĆ© it was a movement.
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MedialĀ ā¢Ā 1y
Summary of the Week: 1. Fundings: Indian startups cumulatively raised $260.1 Mn from 31 deals between April 15-20: - An uptick in the investment activity across the ecosystem. Between April 15 and 20, startups cumulatively raised $260.1 Mn across 3
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