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Launch of HelloWorld Select a premium co-living cohort, which expands our target customer base

and also upsells to existing tenants who would wish to upgrade to a more premium co-living facility.

The consolidated cash at the end of the quarter was INR 83 crores. We have to raise another INR 250
crores from the balance right issue.

Rise in employee cost is related to addition of new companies

We also believe that INR 50 crores Revenue would be possible in Q4.

Next year guidance will be given in Q4

We see certain scale within these three to four players itself. And these three to four players will
keep on dominating this $100 million sector as we build this over the decade.

Look, this subsidiary, definitely, we'd also like to consider the things, but uncertainly what happens,
all these subsidies have been created keeping some business requirements in mind where each of
the subsidiaries require some different state of approvals and things from the statutory authorities.
So to keep all of those things independent and not overlapping, that is number one.

And second, they have got a different set of management in each one of them, like the 100%
subsidies that we have made that founders to continue with us. So we want them to run those
entities independently. And if it gets mixed up with a bigger organization or a listed company
directly, then it becomes difficult for them also to run it independently.

I believe Square Yards is also building a complete ecosystem where they have the same asset
management to Metaverse to transaction to develop side of transaction, and all as well. So maybe a
couple of the products that we talk about have exact over-layer over there and they are also tech-
led.

I think you have called out right. Yes, there are two odd products that would be similar to what we
have as an offering. But these two products that you outlined are new markets, and are new
initiatives in this industry. Primarily the business that you spoke about or the company that you
spoke about is a broking company, is a broking business, whereas we do not define ourselves in that
category anyway

Also to add to what Onkar is saying, Mahindra Bhai, we are not saying that we have any monopoly
on any segment. We are just saying we are unique because we are led by tech. And as far as well
funded is concerned, I mean, our numbers are pretty known that we have some

INR 80-odd crores in the company, and we have another INR 250-odd crores that we will raise over
next few quarters or few years.

But as our philosophy is to have growth, but with an underlying aspect of profitability. So I think the
acquisitions are doing reasonably well under our management.

Yes, we have been able to integrate this data into our existing products. Point in case is that this data
is now integrated with our software Sell.Do, soon Aurum Analytica will also start using these
softwares, where we'll be able to track consumer behavior across close to 25 to 35 parameters and
then start predicting their behavior over a course of period. Data science and analytics is a very
complex world. It will take some time for the model to, I would say, start predicting data with
accuracy that can give us certainty of go-to-market.

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