Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ā¹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added
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Anonymous 1
StealthĀ ā¢Ā 2d
Bold move by Ritesh Agarwal to strengthen his control over OYO
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Mohammed Zaid
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Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ā¹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added
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
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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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The next billionaire
StealthĀ ā¢Ā 26d
Sajith Pai recently posted
TIL that Doug Leone was v unhappy w Masa for 'overfunding' Oyo, and giving their voting rights to Ritesh Agarwal.
The culture clash is real:
Doug Leone: "Oyo doesn't need the money"
Masa: "We will give him so much mon
Oyo's Secret co-founder?
We all know Ritesh Agarwal as the founder and the face of Oyo, but how many of you know that Oyo, in its initial days used to have a co-founder.
When Ritesh was 18, and he was looking to raise funds for his startup, Ventu
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 ā¹50,00
Business Incidents
Oyo started by aggregating budget hotels on their platform, similar to Airbnb. They listed properties but didn't control the experience (think: just a listing site). Their pivot transformed them into a franchisor. Now, they partner
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Sanskar
StealthĀ ā¢Ā 4d
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