“Is OYO pausing… or pivoting?”
OYO has put its IPO plans on hold for the third time.
Once a poster child of India’s startup boom, valued at $12B at its peak, the company is now reportedly reassessing its next steps. With Softbank reducing its stake
See More
Anonymous 1
Hey I am on Medial • 2d
OYO was never a tech company. It was a hotel aggregator with a flashy app and VC sugar high. They scaled too fast, without fixing the core unit economics.
i booked hotel in dimapur but when i was arrived at hotel my booking is canceled and then i was facing so much issue to find new hotel . and then i was serching this on internet .this type of problem faced by so much customer when they booked hotel
Guest books the hotel through OYO platform. when he reaches the hotel, receptionist asks to cancel the booking on the OYO platform and he'll offer the room to the guest, with a different cost which is fixed.
Now, it looks like a mutual benefit for h
I was recently eating this chocolate fudge ... and It is worth 500rs. I think they have a really Great margin on this product. If anyone knows about the unit economics or margins of such products please msg me ?
21 replies15 likes
Ritesh Nishad
Hey I am on Medial • 3m
I think we should copy Oyo this time because unmarried couples are not allowed in Oyo but we can open a hotel in which 18+ couples can stay And we can also differentiate the rates within it, like if Oyo's per hour is 500 then we will keep it for 300
From a Dropout to a Billion-Dollar Empire – The OYO Story
At 17, Ritesh Agarwal dropped out of college with a dream to revolutionize the hospitality industry. Facing rejections, financial struggles, and skepticism, he kept pushing forward.
What sta
𝗕𝗲𝘄𝗮𝗿𝗲: 𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗦𝗰𝗮𝗺 𝗕𝗲𝗵𝗶𝗻𝗱 𝗢𝗬𝗢 𝗥𝗼𝗼𝗺𝘀 𝗕𝗼𝗼𝗸𝗶𝗻𝗴𝘀
OYO Rooms is involved in a scam at high-demand tourist places. They overbook hotels and a lots of rooms on a first-come, first-serve basis. When rooms run out
Why only Oyo hotel now change for old age
*oldo hotel*
See I have a clear concept on Oyo hotel to old age oldo hotel ।
Where the single stay in the hotel creates thirteen percent oldo funds for old age homes nearby ।
Our concept is clear that youn
See More
7 replies14 likes
Arun Bairagi
Serious Thinker • 7m
Thinking to start a random questions thread to develop knowledge.
Q1-
If you are starting an aggregator business (like Uber, ola, oyo, etc.), how will you bring intital partners for your platform?
5 replies7 likes
Deepasnhu Chail
Mastering the Game o... • 11m
OYO Rooms
In the early days, OYO's founder Ritesh Agarwal went door-to-door convincing budget hotel owners to join their network without any upfront investment from OYO. With limited funds, the team operated ultra-lean - reusing office supplies and
See More
0 replies4 likes
Mahendra Lochhab
Content creator • 8m
The hotel was built in 1903 by Jamsetji Tata, 21 years before the Gateway of India. The hotel was the first in India to have American fans, German elevators, Turkish parts, and English butler service. The hotel's original guests were Europeans, Mahar