Oyo is expected to report a net profit of Rs 1,100 crore in FY26, according to the profit projections shared by the company’s founder Ritesh Agarwal.

Educating everyone and bringing them on board was challenging in the early years,” says Veda After raising an angel round, the founders secured Rs 75 lakh from Ritesh Agarwal in the latest ...

Earlier, it was reported that there was creditors’ pressure on CEO Ritesh Agarwal to expedite the IPO process. For context, Agarwal had taken a $2.2 Bn loan in 2019, personally guaranteed by ...

At the time, the Ritesh Agarwal-led company said that both companies mutually agreed to terminate the non-binding term sheet (NBTS) due to issues including non-completion of the due diligence ...

At the time, the Ritesh Agarwal-led company said that both companies mutually agreed to terminate the non-binding term sheet (NBTS) due to issues including non-completion of the due diligence ...

In a townhall meeting, founder and CEO Ritesh Agarwal told employees that OYO has become the “most profitable startup in the country” The startup’s revenue grew 20% to INR 6,463 Cr from INR ...

Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year. SoftBank has balked at the proposed timing and ...

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.

Earlier this year, the startup appeared on the TV show Shark Tank India’s fourth season and bagged funding from OYO founder Ritesh Agarwal. Following this, it launched a paid premium membership ...

While FirstCry attributed the resignation to “personal reasons”, sources told Inc42 that Agarwal is stepping down due to certain “health conditions” Meanwhile, CBO of FirstCry’s pre ...

The company also said that the FIR does not mention founder and CEO Ritesh Agarwal, in contrast to what previous media reports claimed. “It is important to note that the complaint is against ...

A Jaipur-based resort has reportedly filed a police complaint against hotel booking giant OYO and its founder Ritesh Agarwal, alleging the latter provided false information that led to a ₹2.66 ...