OYO's valuation drop to $2.4B is due to profitability struggles, post-pandemic travel dips, high operational costs, and cautious investor sentiment. The inflated startup valuations are facing a reality check. #OYO #Valuation #Startups #Indian
AAQIB JAWWAD
Stealth • 3m
If oyo was a newly founded startup . If ritesh would have went to shark tank he would not get any investment from any shark..
If I contact ritesh Agarwal (founder of OYO) will he help me or guide me to build my startup ?
16 replies8 likes
Deepasnhu Chail
Stealth • 7m
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
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0 replies4 likes
Pritam Mondal
Stealth • 1d
@medial in shark tank new season 🤯🤯
Congrats Team Medial. Aur Batao yaar ritesh bhai se funding mila
3 replies18 likes
Rahul Khatri
Stealth • 8m
A few months back I had the opportunity to meet Ritesh Agarwal, founder & CEO OYO also a Shark at Shark Tank India & first Indian Peter Thiel fellow at an event. I had stood as the 2nd Runner Up & he awarded a cheque of 25,000/- as a cash prize.
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Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?
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