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.
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036 -ECE-Joseph Rezenold
Hey I am on Medial • 2m
why Ritesh Agarwal is not in medial
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The Hustler
Become the 1% • 1m
"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 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 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