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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 Hits the Jackpot: Ritesh Agarwal Turns Budget Stays into Billionaire Plays!" Oyo just pulled off a desi startup miracle—Rs 623 crore in profit for FY25! Ritesh Agarwal didn’t just check into success; he built the hotel. A 172% PAT jump? That’s

OYO becomes most profitable Indian startup with Rs 623 crore profits in FY25, says founder Ritesh Agarwal

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

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,