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Today, the buzzword across the Indian start-up ecosystem is ‘profitability’. Chastened by earlier setbacks, both VCs and start-ups are realising that the path to profitability is the only route to survival: start-ups must have a clear profitability game plan, and be sustainable and scaleable. - Issue Date: Jan 21, 2024
Launched in 2013, OYO is India’s largest hospitality company. Its network currently spans over 230 Indian cities including all major metros, regional commercial hubs, leisure destinations, and key pilgrimage towns. It also has an international presence with hotels in Malaysia and Nepal. The company’s vision is to become the most preferred and trusted hotel brand in the world. OYO was founded by Ritesh Agarwal, the first resident Asian to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel). He was featured in Forbes 30 under 30 in Consumer Tech (2016) for creating a ...
With larger fashion marketplaces like Myntra and Ajio gaining prominence, smaller, vertical-focused players have lost out. LimeRoad’s slump sale is further proof that online fashion in India is harder to crack than it appears.