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Monday, April 6, 2026
TopicRitesh Agarwal

Topic: Ritesh Agarwal

OYO founder Ritesh Agarwal’s father falls to death from Gurugram high-rise

Agarwal, in a statement, said his ‘guiding light and strength’ had passed away.

‘Absolutely untrue’ – Oyo’s Ritesh Agarwarl denies bankruptcy claim after Rs 16 lakh claim

Oyo, one of the larger startups in the SoftBank Group’s portfolio, was struggling to restructure and whittle down loss-making operations even before the pandemic obliterated travel.

Ritesh Agarwal’s Oyo is facing major problems due to Masayoshi Son’s dramatic overreach

With its chaotic rush to expand in Japan, Oyo infuriated potential partners, alienated workers and jeopardised its reputation with local customers.

OYO was the big disruptor in India’s hotel industry, forcing even Tata to take note

OYO founder Ritesh Agarwal was just 18 when he came up with the idea. Within just a few years, OYO surpassed the valuation of India’s oldest hotel company.

Oyo raises $1.5 billion at $10 billion valuation from founder Ritesh Agarwal, SoftBank

Oyo founder 25-year-old Ritesh Agarwal will spend $700 million to buy new shares as a part of a $2 billion plan to triple his ownership stake.

Oyo founder Ritesh Agarwal to invest $2 billion to increase stake in company

The 25-year-old founder will buy shares from existing investors Lightspeed Venture Partners and Sequoia India, which will remain backers.

Ritesh Agarwal’s Oyo to invest $300 million to expand in US

Ritesh Agarwal’s Oyo is adding hotels at the pace of one a day in the US, and aims to expand the offerings at five times that rate by the end of 2019.

OYO’s big expansion plans can put the entire business at risk

There are enough anecdotes to suggest OYO’s management may be struggling to keep order among franchisees while maintaining focus on adding more.

24-year-old founder of Oyo Hotels raises $1 billion to expand overseas business

Oyo has expanded beyond India into China, Malaysia, Nepal and Britain in the last 2 years.

On Camera

Naxalism was on decline under Manmohan Singh. Modi govt moved in at the time of consolidation

In 2005, under the UPA’s watch, Chhattisgarh launched Salwa Judum. The state gave assault rifles to Adivasi boys and pushed them into battle against their own brethren.

Saudi Arabia raises price of main oil grade to Asia to a record high premium

Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.