{"id":886804,"date":"2024-12-12T08:35:46","date_gmt":"2024-12-12T03:05:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=886804"},"modified":"2024-12-12T08:51:02","modified_gmt":"2024-12-12T03:21:02","slug":"oyo-owned-innov8-clocks-rs-62-crore-net-profit-in-fy24","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/12\/oyo-owned-innov8-clocks-rs-62-crore-net-profit-in-fy24\/","title":{"rendered":"OYO-owned Innov8 clocks Rs 62 crore net profit in FY24"},"content":{"rendered":"<p>Co-working startup Innov8 reported a net profit of Rs 62 crore in FY24, a significant jump from Rs 2.5 crore in FY23. <\/p>\n<p>The Delhi-NCR-based startup attributed the growth to its asset-light operating model, low capex investment, and a strategic presence in key clusters in metros, which ensures a strong revenue-to-rent ratio and proximity to talent, clients, and partners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-working startup Innov8 reported a net profit of Rs 62 crore in FY24, a significant jump from Rs 2.5 crore in FY23. The Delhi-NCR-based startup attributed the growth to its asset-light operating model, low capex investment, and a strategic presence in key clusters in metros, which ensures a strong revenue-to-rent ratio and proximity to talent, clients, and partners.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-886804","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/886804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=886804"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/886804\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=886804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=886804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=886804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}