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Vaibhav Babruwan Shingde

Stealthย โ€ขย 11h

๐—ข๐—ฌ๐—ข ๐—œ๐˜€ ๐—ฅ๐—ฎ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—•๐—ฎ๐—ฟ ๐˜„๐—ถ๐˜๐—ต ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐˜€ & ๐—œ๐—ฃ๐—ข! โ€ข In Q3 FY25, OYO reported a profit of โ‚น166 crores with a revenue of โ‚น1,695 crores, reflecting a 31% growth in revenue. โ€ข As of December 2024, SoftBank owns 44% of OYO. The company raised $175 million at a valuation of $2.4 billion, led by Ritesh Agarwal's Patient Capital . โ€ข OYO has also entered the premium segment with brands like Palette Resorts, OYO Townhouse, and OYO 'SUNDAY.' โ€ข The company is planning an IPO to raise approximately $1 billion at a valuation of $4 billion. Follow For More!

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Interesting News From OYO ๐Ÿค”๐Ÿคฏ โ€ข Indiaโ€™s Oyo, once valued at $10B, seeks new funding at 70% discount. โ€ข Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion. โ€ข Negotiating with investors like Malaysia's Khazan

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Lenskart IPO Also Coming Soon! โ€ข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โ€ข In FY24, Lenskart generated โ‚น5,427 crores in revenue, a 23% increase from the last financial year

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Anonymous
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Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?

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