Monday, July 22, 2024
Outlook India
Outlook Business

Tier Ii

The company estimates that the addition of new markets will add over 5,000 listings to the online wedding planning platform. It presently has over 35,000 banquet/venue listings and other related ancillary services on the platform

With zero royalty fees and low investment in the ed-tech segment, the new initiative aims to provide ROI within 6 months and positive cash flow in the first year

The company plans to utilise the funds for onward lending to the micro-entrepreneurs

The study assessed millions of transactions on its platform for the year 2022 and recorded insights around consumer trends, borrowing decisions and the increasing adoption of digital payments

Post-pandemic BeatO has reportedly witnessed an upsurge of 5x new user registration from tier IV and beyond