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Fed up with noisy fans and sky-high AC bills?
This unassuming swamp cooler might just be the answer to your summer prayers.
Dreo, the brand known for its sleek and functional designs, has stepped into the evaporative air cooler game with its 40" model. This isn't your grandma's swamp cooler – it's a modern take on a classic concept, promising quiet operation, powerful cooling, and user-friendly features.
But does it deliver?
Buckle up, because we're about to dive deep into the sweaty heart of summer and find out.

Update:

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First Impression

First things first: this thing is a looker.
Dreo's design team clearly had a good day when they dreamed this up.
It's sleek, modern, and won't look like an eyesore in your living room. But as we all know, looks can be deceiving.
Thankfully, the Dreo doesn't disappoint when it comes to performance.
Right out of the box, I was struck by how quiet it is. I've had my fair share of noisy fans that sound like a 747 taking off, so this was a welcome change. The setup was a breeze – even a guy like me could figure it out. So far, so good.

Key Features

Powerful Cooling with a Wide Reach: The Dreo boasts a 40" fan with an 80° oscillation, meaning it can cool a surprisingly large area. While it won't replace your AC on the hottest days, it does a damn good job of providing relief in smaller spaces or supplementing your existing cooling system.
Whisper-Quiet Operation: I'm not exaggerating when I say this thing is quiet. The crossflow impeller wheel design does wonders for noise reduction, making it perfect for bedrooms or offices where you need peace and quiet.
Humidifying Function: Unlike traditional fans that just blow hot air around, this swamp cooler actually adds moisture to the air. This is a godsend in dry climates or during winter months when the air gets stale.
Easy to Maintain: The removable water tank, cooling pad, and rear grille make cleaning a breeze. No need to wrestle with complicated parts or tools – just a quick rinse and you're good to go.
Ice Packs for Extra Chill: If you're looking for an extra blast of coolness, the included ice packs can be added to the water tank for even lower temperatures. This is a nice touch for those sweltering summer days.

Pros

Quiet as a Mouse: Seriously, this thing is practically silent. If you're sensitive to noise, you'll appreciate this feature.
Effective Cooling: While it won't turn your room into a meat locker, it does a great job of lowering the temperature and making you feel more comfortable.
Humidifying Bonus: The added humidity is a welcome relief in dry climates and helps prevent that stuffy feeling you get with regular fans.
User-Friendly Design: From the easy setup to the simple controls, this swamp cooler is designed with the user in mind.

Cons

No product is perfect, and the Dreo has a couple of minor drawbacks:
Not a Replacement for AC: If you live in a scorching hot climate, this swamp cooler won't cut it on its own. It's best suited for milder temperatures or as a supplement to your AC.
Humidity Can Be a Double-Edged Sword: While the added humidity is great for some, it might be too much for others, especially in humid climates.

Final Thoughts

So, is the Dreo Evaporative Air Cooler worth your hard-earned cash? If you're looking for a quiet, efficient, and user-friendly way to beat the heat, then absolutely.
It's perfect for bedrooms, offices, or smaller spaces where you need a little extra cooling power.Just don't expect it to replace your AC on those days when the sun is trying to melt your face off.

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I’m sure I’m going to get downvoted to oblivion for this but I will die on this hill.
In this draft the Raptors trade down from #31 with the Kings to get #45 and #48. The main thing is we need to get a second pick in the second round to draft Isaiah Crawford who is my guy in this draft. He is hands down the most underrated player and his combination of offensive skills and defense is perfect for what the Raptors are trying to build.
In the first round we grab Edey. Bring the kid home. I am higher on him than most people. There probably isn’t a more divisive player in NBA draft history tbh and I think it’s just people overthinking things. I think his supposed lack of athleticism and coordination is greatly over-exaggerated. Kid is a baller. He has generational size and would instantly be a problem in the post for teams to try and defend. I think pairing him with Scottie and other lengthy defenders will help him greatly and allow him to only play the drop coverage. I don’t expect him to be a good defender but if he can be an average defender and produce on offense like we know he’s capable of he would be a steal at #19.
And then let’s not forget KJ. The kid can score. He showed it during the season, and he showed it at the NBA combine. He knows how to put the ball in the bucket, but not only that, he also plays winning basketball. KJs advanced stats during the season were bonkers with a 24.8 PER, 60.6% TS, 7.2 WS and 10.1 BPM. He’s a talented, smart, scrappy, NBA ready point guard that will score some and defend. He is exactly what the Raptors need off the bench.
To conclude, don’t overthink Edey. If he falls to #19, you take him. This draft is a crapshoot anyways. Somehow acquire a second pick in the second round. Draft a backup point guard like KJ with the first pick and then grab Isaiah Crawford with the second pick.
Side note: If we can just buy a second pick or trade another asset, I would also not be opposed to drafting Bub Carrington if he falls to #31.

I watched Mahanati recently and absolutely loved it, its easily one of the best biopics to come out of our country. The movie is so well done in every aspect be it the screenplay even though the story is fairly simple, be it the direction (the movie never misses a beat not a single scene feels wasted), the music of course was absolutely breathtaking, the set design and the costumes really transport you back to that era but the cinematography thought such a beautiful film visually, very mesmerizing and dreamy like frames throughout the film. The film was perfect for me honestly it takes a really clear vision and execution to make something so good, hats off to Nag Ashwin, i am so excited for Kalki now, I think he can pull it off. Let's wait for the trailer tomorrow :)

first of all ,let me tell about my experience on all mobiles
My first mobile is Realme U1 ,i bought it in 2019 ,and it's still working good ,tho i replaced the battery.
I bought Realme 6 in dec 2020 ,and thats also working fine without any problem,all things are original .
I bought Iqoo z7 pro in nov 2023 ,i thought it was a good deal,but some major cons of the phone is that,it heats a lot during gaming and other things and charging speed is worst (67w is flaw) it took around 50-55% (whereas my realme 6 took around 50 min with 33w for full charge). And other issues is that , using any other launcher except vivo system launcher, the recent task manager not working smoothly ,where as no problem with my realme phone.but z7 pro offer a good camera and battery backup .but display is not too bright.i tried moto edge 40 ,the display of that phone is too good.(Since its poled)
So i thought of switching back to realme.when i heard about realme gt 6t,i thought of giving it a try to my old companion.
I ordered at 29k for 8+256gb(green) and it arrived on 2nd June.
I used it for 7 days and here is my review about the phone.
1(display) - its good , bright enough in sunlight (than z7 pro ) ,comparable to moto edge 40 ,6000 nits is only a joke (i know we need to see hbm,its 1600for gt 6t) but display is good.
2(software experience) Tbh the software experience is too good,the animations are too smooth,i mean buttery,it have lot of features,still comes with some bloatwares but they can be deleted with help of adb universal bloatware tool using pc ,like their browser etc.now experience is good without bloatwares.
3(performance)
The performance is top notch, no lag or anything during any single thing,7+gen 3 handles like a cup of tea.
4(camera)
Tbh i am not much satisfied with camera ,since its a gaming phone,my z7 pro offer very good image than this gt 6t ,but I tried to install lmc 8.4 ,it wa saying app can't be installed, so i tried agc 8.4 by big kaka ,and now the camera performance is good ,you can tune in the settings according to your need (I can tell my settings,as I spent 4 hrs to find out best settings ) the night shots are pretty good with agc ,but realme own camera night mode is good too , but agc offer a more good quality images.
5(gaming performance)
I casually play bgmi ,i usually play at smooth +60fps ,tbh it dont deliver good performance,the fps drop is horrible,and sometimes it jitter a lot ,since 7+gen 3 is not yet optimised,but z7 pro offer a good bgmi performance than this ,let wait till its get optimised.
6 (battery)
Battery takes about 1 min to charge 4 percent ,it takes around 30 min to get full charged , Battery backup is good ,it give me around 6hr+ backup with some casual gaming (bgmi for 1 hr ) ,insta reels , youtube and some other task ,i am satisfied with backup ,since i use this at 120hz only.
Overall it's a good phone under 30k ,any questions you can ask in comments. (I was thinking of buying 11r but i dropped my plan due to bad reputation now of 1+ due to green line issue and also 11 r is now 1 years old ,so you will miss 1 major os update)

I have a 13 year old long coated chihuahua. Although he’s old, he still energetic and loves his walks. He does not have any other illnesses or injuries. Healthy dog. Today I noticed my dog yelping and whimpering when he jumps off the couch or bed. I tried looking for the cause of the pain by squeezing his paws and flexing and extending his legs as well as looking for any cuts. But he didn’t yelp in pain. i also didn’t notice any swelling. I took him for a walk so I can further assess him and he walked normally. No limping or pain. But I did notice him yelping when he jumped off the curb and also his walking speed decreased. Normally I have to power walk to keep up with him but this time he was slower and more cautious. We got home and I then started to apply pressure to different areas of his body and he yelped in pain when I applied pressure to the area where the leg attaches to the body, around the shoulder area. Only yelps in pain when jumping off something or if pressure is directly applied. His demeanor has changed. He looks sad and looks like he is more cautious and hesitant to get onto the couch. I’m going to rest him and take it easy with the walks and continue to monitor him. Do you think this could be a soft tissue injury? Any advice on how to proceed? Again he isn’t limping, no swelling, only pain when jumping off something or pressure applied to the area. Thank you.

Business
Ixigo, started in 2007, as a flight comparison website enabled travellers to research and compare relevant price information and book their preferred flight in a cost-efficient and informed manner from OTAs. Ixigo later graduated to OTA( Online Travel Agent) in FY20. Ixigo is the 2nd largest OTA( Online Travel Agent) in terms of revenues, with 6% market share.
They operate through 4 different apps Ixigo flights,Ixigo trains, ConfirmTkt and AbhiBus. Ixigo is the largest Indian train ticket distributor in the OTA rail market with largest market share of around 51%, in terms of rail bookings, among OTAs. Their bus-focused app, AbhiBus, was the second largest bus-ticketing OTA in India, with a 11.5% market share in online bus ticket bookings in FY23. They had a market share in India of about 5.2% of the total airline OTA market by volume in H1 FY24. They have the highest app usage among OTAs with 83 million Monthly Active Users cumulatively across our apps. However, within each of their apps, they integrate and cross-sell all services they operate to ensure that users may not necessarily require another app ,like users can book a flight on the ixigo train app or ConfirmTkt and a bus journey on the ixigo flight app, and a train ticket on the AbhiBus app allowing them to discover and buy multiple travel services.
Product segments
1. Airline ticketing
Ixigo commenced operations in 2007 in the flight vertical by launching a travel meta-search website - providing aggregated comparison of deals and accurate travel information. Later in FY20, they transitioned to an OTA.
2. Rail
They launched the ixigo trains app for android in 2013 as a utility app with the objective of improving the experience of Indian train travellers by allowing them to search for train related information and providing utility services. Subsequently, in 2017, Ixigo started selling train tickets through their Ixigo trains app.
3. Bus tickets
Bus accounts for 70% of transport modes in India. Ixigo sells bus tickets by partnering either directly with operators or source inventory from bus ticketing aggregators in the country.They acquired the business of AbhiBus in 2021 to further consolidate their position.
4. Hotels
In December 2023, Ixigo have launched a hotel booking section on their website and apps to allow users the ability to search, compare and book hotels on their own platforms in India and across the world. They offer properties across domestic and international hotels, spanning budget, mid-range and luxury price points.
90% of users of Ixigo are organic users. Ixigo has market share amongst OTAs in terms of volumes - flight 5.3%, rail 53%, bus 13%. In July 2023, Ixigo became the first OTA in India to launch a Generative AI based travel planning tool named PLAN to help travellers plan their trip, get itineraries and real time information and recommendations based on input criteria
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Industry overview
The Indian travel and tourism market for air, road, air and hotels accounts to around 3,80,800cr, expected to grow at a CAGR of 9%. In the overall Indian Travel market, 54% of all travel spends were made online in FY23, expected to reach around 65% in FY28.
Within the overall budget of ₹ 24 billion allocated to the Ministry of Tourism, a significant portion of ₹ 17.4 billion has been earmarked for the enhancement of tourism infrastructure.
Online penetration is 66-68% which is expected to go to 73-75% in FY27.
OTA (Online Travel Agency) industry in terms of net revenues is 11000cr, expected to grow at 14-15%
B2B OTA is at 4500cr(expected CAGR 14-15%).
In FY23 online penetration of the air segment stood at 70% of all air travel, expected to increase to 80% by FY28. Share of online hotel booking is low at 32%.
The Bus segment is highly underpenetrated by OTAs and represents an increasing segment in terms of volume. Long haul intercity bus services have good revenue margins for players like RedBus, AbhiBus (ixigo bus business), PayTM and RailYatri. For middle market OTAs, this represents the next frontier of growth from Tier- II & III cities and provides the bulk of their top line and growth. Bus along with the air is the fastest growing online travel segment, with a forecasted CAGR for Fiscal 2023 to Fiscal 2028 of 18%
Breakup of the travel industry ( by revenues)
Airline ticketing 44%
Hotel booking 26%
Rail ticketing 16% Bus ticketing 14%
Growth drivers
With per capita income growth, discretionary spends on travel to increase, leading to growth in OTA industry, along with further increase in share of online booking will drive the growth. Convenience of booking with OTAs, making luxury destinations affordable to fit into middle-income consumer budget , workation ( working during travelling)- all these are fostering growth of travel industry.
The surge in affordable smartphone users is expected to reach 1 billion users by 2026, according to TRAI. This, coupled with high speed internet connectivity( launch of 4G/ 5G) will drive online bookings.
The ability of OTAs to offer value added services that offer additional protection and refund guarantees such as zero cancellation fee programmes, fully refundable and flexible ticket types, price protection, travel insurance etc. and their ability to bundle in multiple types of services in one transaction.
A shift in demographics of overall travellers to the age group of 18–35 years who are dominating the Indian travel scene, comprising almost 66% of the overall trips.
Market leader is MakeMyTrip with 24% market share, and other players are Ixigo, Easemytrip, Cleartrip. Ixigo’s market share of the overall OTA market (flights, trains, hotels and buses) by GTV stood at 6% in FY23
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Operating metrics
Gross booking revenues is Rs 7450cr (Makemytrip Rs 53790cr). Gross booking revenues is total ticketing values. Revenues for FY23 is 500cr. Contribution margin was 220cr, at 44% in FY23. Though highly fragmented, contribution margin for bus segment is highest at 61.9% Gross take rate is 8.15%.
Comparison of metrics vs FY22, FY21 will not yield correct picture as travel was highly reduced due to covid during those years.
Segment wise revenues (Total revenues 500cr)
Airline ticketing 100cr (20%) Rail 300cr (60%) Bus 100cr (20%)
With the overall improvement of travel and internet infrastructure in India, it is expected that increased travel from / to non-Tier I cities to drive growth in trains, flights, buses and hotel bookings. Transactions booked through Ixigo's OTA platforms involving either origin or destination as non-Tier I cities were 94%.
To gather more tier II customers. Ixigo has run Hindi language outdoor media campaigns at non-Tier I railway stations and target audience in such regions through multilingual digital ads. Their mobile apps are available in multiple regional languages, and have several voice-based features. In FY23, 97.7% transactions are done through the Ixigo apps , rest website. Ixigo's brand presence and loyalty amongst users is evident from the growth in Monthly Active Users, which has increased from 21.59 million in March 2021 to 62.83 million in March 2023. They had a repeat transaction rate of 85% in FY23. Ixigo took 9 hrs to process a complaint, a total of 191576 complaints received in FY23.
90% traffic to Ixigo is organic. Ixigo operates through house of brands approach like Makemytrip. Ads & sales promotion expenses stand at 18.6% of revenues.
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Financials
Annual revenues of Ixigo is 500cr. PAT 23cr.Revenues for 9M FY24 is 490cr and PAT for 9M FY24 is 65cr.
Take rates ( Operating revenues/ Gross booking revenues) of Ixigo is 8.15% (Yatra Online 5.7%, Makemytrip 9.1%, Easemytrip 6%)
EBITDA margins 8.7% (Yatra 17.6%, Makemytrip 10.2%) PAT margins 4.6% (Yatra 2%, Makemytrip is loss making Rs 90cr loss)
Balance sheet as on Dec '23
Borrowing at 43cr ( short term)Current debt/ equity ratio at 0.01
Trade receivables 33 cr.Cash equivalent of 52 cr.Cashflow from operations 30cr for FY23.
Points to consider
Market leader Makemytrip is still loss making, despite having 24% market share and 10 times revenues of Ixigo, indicating there is significant cash burn involved in terms of customer inducement/ customer acquisition cost which is 39% of revenues for Makemytrip.
Hotel & package booking is higher margin business, but Ixigo has just entered the segment in Dec '23.
Ixigo has a good hold in bus segment , which is still underpenetrated, and has higher take rates and contribution margin.
Transactions booked through Ixigo's OTA platforms involving either origin or destination as non-Tier I cities were 94%. Most of the future growth will come from non- Tier I cities, which places Ixigo in favourable spot. Given the growth drivers discussed , OTA industry is expected to grow at 14-15% CAGR.
IPO size /Promoter holding/ Market cap
Total offer ~ 720cr Fresh issue 120cr OFS 600 cr OFS sellers are SAIF Partners India IV Ltd , Peak XV Partners Investments V, others.
QIB- 75% NII 15% Retail 10% Funds raised from anchor investors is 333cr.
Price band- 88-93 Market cap post listing ~ 3635cr
Purpose of IPO
to fund working capital 45cr Technology & data science 26cr rest amount to fund inorganic growth
Valuation
Ixigo is valued at P/E of 56 and P/S of 7x. Yatra online is valued at P/E of 267, and P/S of 4.8x, whereas similar sized listed peer Easemytrip is at P/E of 48, P/S of 12.5x.