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2.16 Teardowns | Oyo & Mensa Brands
The world's 3rd largest hospitality company and the company in India that became a unicorn in 6 months
Hi Everyone 👋,
Welcome to Teardowns. We’re excited to have you join us for this experiment as we dive into the fastest-growing companies across different industries and geographies.
As we kick-off, we’re going to be playing around with different formats for this newsletter to figure out what works best for sharing the latest teardowns. We’d love to get feedback from you on any ideas as you receive these – everything from cadence of the emails to how we package things.
You can reach me at any time by just replying to this email or messaging our team at email@example.com. Our hope is to build something we can all benefit from and so we’d love to involve as many collaborators as we can.
Today’s Teardowns (2/16)
Oyo – Providing a suite of tech tools that connect guests with homes and hotels globally.
Founded: 2013. Valuation: $9.6B. Funds Raised: $3.7B.
Mensa Brands – An acquirer of digital merchants that achieved a $1B+ valuation within 6 months of founding.
Founded: 2021. Valuation: $1.25B. Funds Raised: $200m+.
Teardowns from earlier this week
UpGrad – Providing industry-relevant higher ed programs in India. Scaled to a $210m+ revenue run rate.
Founded: 2015. Valuation: $1.2B. Revenue: $210m+.
Mythical Games – A studio building games that leverage blockchain technology and NFTs.
Founded: 2018. Valuation: $1.25B. Funds Raised: $260m.
Fast – Streamlining the online checkout experience by enabling merchants to add 1-click checkouts
Founded: 2019. Funds Raised: $124M+.
Ofbusiness – B2B marketplace in India assisting SMEs with procurement and financing
Founded: 2015. Valuation: $5B.
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