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Tuesday, April 16, 2024
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

There’s too much Akshay Kumar on screen. Take a break and come back with a Hera Pheri

Every few months, a new release raises the question: Can this film save Akshay Kumar’s career? So far, the answer has been a resounding no.

Pilots, engineers, maintenance crew — skilled worker shortages add to crisis in aviation sector

India’s aviation space is grappling with more than just a pilot deficit problem as industry experts highlight the need for the government and the aviation regulator to step in.

Hardened shelters, radars, defence systems & more — IAF quietly upgrades bases focused on China

New infra projects involve not just repair work of runways and creation of additional taxi ways to enable better tempo of operations, but also storage of spare parts and munitions.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.