Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
Most IT marketplace startup is providing more than one solution to help their major business:
1. Zomato marketplace connecting restaurants and hungry consumers plus home delivery
2. Oyo marketplace for hotels plus branding
3. Angel.co marketplace for
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3 replies6 likes
Mridul Das
Stealthย โขย 13d
India's Top 12 startup valued over $148 billion๐ฅ
Flipkart $ 37.6๐ต bill
Zomato. $ 13.3๐ตbill
Nyka. $ 13๐ตbill
Phone pay. $ 12๐ตbill
InMobi. $ 12๐ต bill
Swiggy $ 11.7๐ตbill
Ola(Cabs +elctric
+Krutim)
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?
#India's Leading Unicorn Startups:
1. BYJU's: Personalized edtech platform transforming learning experiences.
2. Swiggy: Leading food delivery service connecting hungry customers with restaurants.
3. OYO Rooms: Budget-friendly standardized accommodat
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2 replies5 likes
Sajin
ย โขย
Foundationย โขย 6m
Do you know that every country has its own quick commerce, taxi, payments and e-commerce platforms?
Zomato, Swiggy, Zepto, Dunzo, Ola, Oyo, Flipkart, Paytm - while being considered as top tech startups in India - are essentially National-level play
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2 replies7 likes
TheLuhas
Stealthย โขย 3m
Many Indian startups mirror American giants:
Flipkart (Amazon)
Ola (Uber)
Paytm (PayPal)
Zomato (Yelp)
While adapting ideas for local markets has driven success, when will we see a truly original global startup from India?
how are swiggy/zomato are paying restaurants. imagine if weekly then it has to be programmed right? is it expensive to build like weekly payments programmed ? i am stuck please help me ? any experienced guys?
1 replies1 like
Vishu Bheda
Stealthย โขย 6m
Zepto and Blinkit are killing Amazon and Flipkart โ not Kirana shops!
The Crazy Part? Zepto has gone from 0 to โน10000 Cr in sales in less than 3 years,
And is on its way to surpass the 22-year-old DMart in just 18 months!
6 replies5 likes
Vaibhav Babruwan Shingde
Stealthย โขย 1m
SoftBank's Vision Towards India!
โข In mid-2024, SoftBank Investment Advisers resumed its investments in India after an 18-month long pause.
โข SoftBank's portfolio has shown significant growth, with a value of $14 billion, including all Vision Funds