Hello Rishabh Both patient profile and organisational policies are the reason for this skew. For instance Lucknow, their fastest-growing hospital has no government schemes or PSU partnerships yet.

Gaurav Tyagi

Thank you, Srivathsan. More to come.

Gaurav Tyagi

Hello Naman PB Fintech which houses Policybazaar, Paisabazaar and PB Partners(PoSP Channel) has multiple streams of income . Since they have an insurance brokerage license, they get a cut on insurance premiums as well as a commission on aggregation of financial products. Insurance companies and lenders outsource a bunch of services to PB (Including call centers , onboarding, and other after-sales support),. A large chunk of revenues also comes from online marketing and lead-generation services. Please check Page no. 48 on this annual statement to get a clear breakdown of revenues. https://www.pbfintech.in/pdf/PB-Fintech-Consol-Financials_FY-2021-22-Signed.pdf

Gaurav Tyagi

Hello Sheersh, the figures you have mentioned are for FY20, FY22 revenue figures are mentioned in a later paragraph. Our source is the company's annual statements filed with the regulator in Singapore.

Gaurav Tyagi

Hello Ashima, due to some technical issues some words with hyperlinking were omitted from the copy. it has been fixed now.

Gaurav Tyagi

Hello Gautam, we're going to have more stories on listed startups. Will cover Cartrade in upcoming stories

Gaurav Tyagi

Changes in net working capital, likely because of high inventory.

Gaurav Tyagi

Hello, the bonus issue would not change a lot for the retail investors but for VCs who backed the company early in their life cycle this bonus issue might help save some on taxes. This report by Mahalakshmi Narayanaswamy goes in details about the probable taxation benefits to early Nykaa investors https://www.moneycontrol.com/news/business/the-good-bad-and-ugly-of-nykaas-bonus-issue-9490401.html

Gaurav Tyagi

Thanks RK, will work on more individual stories around these companies and their business models.

Gaurav Tyagi

While the OYO management is doubling down on its claim of achieving a positive Ebitda for the quarter ended June 2022, a closer look shows that the calculations presented by the company are non-GAAP. And don’t include stock option payments of nearly US$32.5 million

Gaurav Tyagi

Yeah, Nomura and Mizuho had loaned the money to Ritesh with Oyo's shares as collateral. As per reports Masayoshi Son had personally guaranteed the loan. The banks may ask for more collateral or RA will be forced to sell his shares at a massive discount.

Gaurav Tyagi