Ritesh Agarwal

OYO plans to raise a total of about Rs 8,430 billion or $1.1 billion through its listing, via the sale of new shares and some secondary shares The hospitality and OTA homes and living spaces major Oyo Hotels & Homes is eyeing a…

Oyo Founder Lost Rs 3000 Cr In 2020, Still Youngest Indian Billionaire (Check Full List) On October 13, IIFL Wealth and Hurun India released the "IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2020". Basically, this list…

Another FIR Lodged Against Oyo Rooms' Founder For Cheating; Oyo Pleads Not Guilty Update: HC Has Put A Stay Order On FIR The High Court has granted a stay order on the FIR against OYO and Weddingz.in Senior Leadership in Chandigarh…

Oyo Fires Thousands Of Employees Under Leave Without Pay; Is India Impacted? In April, 2020, Oyo Rooms had enforced leave without pay for thousands of employees in the US. Now, news is coming in that they will be fired permanently. …

Oyo Resumes In These 13 States, 4 UTs; All 18,000 Oyo Hotels Will Be 100% Sanitized! With the Centre allowing hotels to resume operation while being subjected to the government guidelines in the country on Monday, hotel chain OYO has…

Oyo's Founder Is World's 2nd Youngest Billionaire; Mukesh Ambani Earned Rs 7 Cr/Hr In 2019! The third largest economy of Asia is now home to 138 billionaires. According to Hurun Global Rich List 2020, India minted three billionaires…

Oyo Rooms Will Fire 1000 Employees In India As Part Of 2020 Growth Plan; Founder Ritesh Agarwal Apologises Very recently, there was news about Oyo’s plans of firing 3000 employees in India and China. And now, Ritesh Agrawal, the founder…

300 Oyo Rooms Were Booked Every Minute In 2019; UP #1 State In Hotel Bookings, Delhi #1 Searched Destination Indian hospitality startup OYO Hotels and Homes has took the lead not just over the Indian markets but also the global market.…

Oyo Creates $1.5 Billion War-chest To Conquer US, Europe On Monday OYO, Hospitality firm said that they will be raising $1.5 billion as part of the latest round of funding. The funding will be used to expand into foreign markets such as…

Ritesh Agarwal Buy Backs $1.5 Bn Of Shares, Raises His Own Stake OYO Hotels and Homes has once again been engulfed by controversy, as a hotel owner’s association has filed a formal written complaint about the number one startup in…