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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 ...
The OYO IPO delay comes after opposition from its largest shareholder SoftBank on the October 2025 listing plan amid market volatility. The company now aims to list by March 2026 at a valuation of $7 ...
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.
Hospitality major OYO is planning to foray into the food and beverages sector with in-house kitchens and quick service restaurant carts at its company-serviced hotels. The Ritesh Agarwal-led ...
In this photo illustration, the social media application logo, TikTok is displayed ... Also Read: FIR against OYO, founder Ritesh Agarwal in Jaipur over fake bookings: Report The sheer volume ...
Prior to that, Ritesh Agarwal-led hospitality giant OYO was looking to invest $10 Mn (INR 86.6 Cr) in its recently-bought G6 Hospitality, the US-based operator of the Motel 6 and Studio 6 brands ...
When OYO stepped out of losses and emerged into profitable territory in FY24, there was more than a healthy dose of scepticism. But in the 12 months since then, the Ritesh Agarwal-led company has ...
In February, the startup bagged its maiden funding of $7 Mn led by Owl Ventures, along with participation from angel investors, including OYO’s founder Ritesh Agarwal and Flipkart’s founder ...
Oyo through its premium push is making sure ... with further expansions planned. CEO Ritesh Agarwal recently hinted at a Sunday debut in the U.S: "We are keeping our eyes and ears open for interes ...