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Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ₹550 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

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

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

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

From a Dropout to a Billion-Dollar Empire – The OYO Story At 17, Ritesh Agarwal dropped out of college with a dream to revolutionize the hospitality industry. Facing rejections, financial struggles, and skepticism, he kept pushing forward. What sta

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

"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