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Oyo reports first ever annual profit of Rs 229 crore in FY24.

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

OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

Oyo founder and CEO Ritesh Agarwal sees major growth in India’s religious tourism sector, predicting it could generate $150-200 billion in the next 3-4 years, reports MoneyControl.

Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh Agarwal Travel tech unicorn OYO estimates its profit after tax to touch Rs 1,100 crore in the next financial year 2025-26, according to projections shared by Founder Ritesh Agarwal with the c

🥳🤯 The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv

OYO is on track to achieve an EBITDA of ₹1,550 crore in FY25, up from its earlier target of ₹1,200 crore, founder Ritesh Agarwal announced at TiEcon Mumbai 2025. The increase is driven by OYO’s $525 million acquisition of U.S.-based G6 Hospitality,

Oyo’s Strategic Moves: IPO Acceleration ‼️ Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc Recently, senior executives and lead bankers met with SEBI to discuss business performan

🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker