Indian Startups Should Focus On Sustainability, Stop Chasing Unicorn Tag

The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator.

On Oyo’s likelihood of becoming a unicorn, Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, said that it was for startups to share more tangible numbers like revenue, profits, cash flows, NPS among others. Other than being real, these numbers eloquently talk about the strengths (and weaknesses) of startups, he said. These are figures that most startups fight shy about and refuse to divulge.

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