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slice • 1y
People forget that at its core, OYO is just an aggregator of budget hotel rooms - a very low-margin, cut-throat business. They tried to masquerade as a tech disruptor worthy of unicorn valuations when the reality is much more modest. Can't keep subsidizing growth indefinitely.
Mastering the Game o... • 1y
OYO Rooms In the early days, OYO's founder Ritesh Agarwal went door-to-door convincing budget hotel owners to join their network without any upfront investment from OYO. With limited funds, the team operated ultra-lean - reusing office supplies and
See MoreKeen Learner and Exp... • 7m
The teen with 50 Lakh+ in Bank This is the story of the founder of one of the biggest hotel chains of India - Ritesh Agarwal Ritesh was born in a Marwari family in Bissam Cuttack, Orissa with three siblings. And was brought up in Titilagarh. His fa
See MoreTrivias Around start... • 10m
A Brief Timeline: Ritesh Agarwal Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00
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