Now this is awesome!
So in 2019, Oyo aquired Innov8, a Co Working space for ₹220cr and in FY24, it made ₹62 cr of pure profit.
6 replies4 likes
Harsh Dwivedi
•
Medial • 3m
Top News of Today (10th Oct 2024):
1) B2B robotics startup Haber raises Rs. 317.2 Cr ($38 Mn) in Series C.
2) Assistive technology startup Social Hardware raises Rs 3.2 Cr.
3) Equirus InnovateX Fund leads Rs. 8.3 Cr ($1 Mn) round in data engineering
New launches]
▪️ Upstox forays into insurance distribution
[Financial results this week]
▪️ MamEarth-parent Honasa posts Rs 1,920 Cr revenue, Rs 110 Cr PAT in FY24
▪️ Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24
▪️ Paytm revenue grow
See More
0 replies3 likes
Nandishwar
Stealth • 15d
Meet India’s Youngest Self-Made Entrepreneurs – Breaking Barriers & Building Empires! 🚀
🔥 These young visionaries are redefining success and proving age is just a number!
Here's the lineup from the Hurun India list:
1️⃣ Kaivalya Vohra (21) – Ze
Top News of Today (29th Nov 2024):
1) Flipkart-owned Cleartrip spent Rs 988 Cr to earn Rs 97 Cr in FY24
2) Man sets e-scooter on fire at Ather outlet in Chennai, alleges poor service
3) Musk gives 25% of xAI stake to those who funded Twitter buyout
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