Utkarsh Kawatra, founder of MyHQ, explains the marketplace's supply partnerships in India to host Nathan Latka.
0:00 / 0:12exact quote · 12.0s
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“WeWork is one of our partners, so WeWork would be, let's, we are a marketplace, WeWork is one of the space providers, so you can just download the MyHQ, just download and you can book any of the WeWorks in India as an example, it's as simple as that.”
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More from Utkarsh Kawatra
AssertionNot publicly verifiable
Press reports of MyHQ's $15M acquisition price were inaccurate
“The number on the press was a bit wrong, I would say.”
Utkarsh KawatraSep 8, 2023▶ 10:40The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
Disclosure
MyHQ takes a 30% cut on $200 monthly workspace bookings
“So we make roughly about 60 in that.”
Utkarsh KawatraSep 8, 2023▶ 3:51The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
AssertionNot checkable as stated
myHQ converts roughly 1,000 users to $120 monthly workspace bookings
“So from that 20,000, there'll be about a thousand who also take up per month bookings, which will be roughly translating to about a 120 dollars a month.”
Utkarsh KawatraSep 8, 2023▶ 5:56The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
AssertionNot checkable as stated
myHQ tripled its monthly revenue between June 2022 and June 2023
“So one year ago, we were roughly at one third of this.”
Utkarsh KawatraSep 8, 2023▶ 6:49The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
Disclosure
MyHQ raised $1.5 million in capital prior to its acquisition
“So we had raised about a million and a half.”
Utkarsh KawatraSep 8, 2023▶ 10:01The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
AssertionNot checkable as stated
myHQ has roughly 2,000 workspace location providers on its platform
“Oh, we would have about 2000.”
Utkarsh KawatraSep 8, 2023▶ 12:32The King of India Workspaces: How he Logged 20k Bookings Last Month and Took Home $30,000
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