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
StealthĀ ā¢Ā 2m
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 ?
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Deepasnhu Chail
StealthĀ ā¢Ā 6m
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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Rahul Khatri
StealthĀ ā¢Ā 7m
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?
I saw the entire season of Shark Tank and observed the humble behaviour of Ritesh. I have seen a lot of his previous interviews and recently one with Kamath. I really believe that heās not what he has portrayed on Shark Tank.
On screen he appears g