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Ritesh Agarwal announces a contest for naming OYO's new premium hotels app, with a prize of ₹3 lakh. The name should be one-word, global, and suitable for expansion beyond hospitality.
De Beers, currently being divested from Anglo American, has attracted interest from multiple consortia, including billionaire Anil Agarwal, Indian diamond firms like KGK Group and Kapu Gems, and ...
SUMMARY. IPO-bound OYO in its attempt to rename its parent entity, Oravel Stays Ltd, asked for brand name suggestions from public . OYO founder and CEO Ritesh Agarwal has also announced an INR 3 ...
OYO founder and CEO Ritesh Agarwal, during a town hall earlier, said that the startup’s net profit surged 172% to INR 623 Cr in FY25 from INR 229 Cr in the previous fiscal year.
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The Delhi High Court has reportedly said that the arbitral award passed in 2021 against hospitality major OYO on its dispute with rival Zostel Hospitality violated public policy as it was based on ...
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During the townhall, Agarwal claimed that the startup’s net profit jumped 172% to INR 623 Cr in FY25 from INR 229 Cr in the previous fiscal year. Its top line grew 20% to INR 6,463 Cr from INR ...
Oyo founder Ritesh Agarwal had urged for a quick IPO to meet conditions related to a restructured $2.2 billion loan he secured in 2019 for raising his stake in the company, the report said.
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An alumnus of IIT Delhi, Agarwal started GlobalBees, along with FirstCry cofounder and CEO Supam Maheshwari in April 2021 and grew the company to a unicorn valuation in December that year.
Earlier this month, Agarwal, internally, told employees in an email that the startup was on track to clock 60% year-on-year (YoY) revenue growth in the fourth quarter (Q4) of the fiscal year 2024 ...