Ritesh Agarwal: News
18 Nov 2024
OYO RoomsOYO raising funds from founder Ritesh Agarwal at ₹32,000cr valuation
Ritesh Agarwal, the founder and CEO of OYO, is looking to invest ₹550 crore into the hospitality chain. This will increase his stake from 30% to 32%.
07 Oct 2024
Kunal BahlSnapdeal's Kunal Bahl joins Shark Tank India, replaces Deepinder Goyal
Snapdeal and AceVector Group co-founder Kunal Bahl, has been named as a new judge for Shark Tank India's fourth season.
14 Aug 2024
EuropeIPO-bound OYO records first-ever annual profit in FY24
OYO, a leading travel tech firm, has announced its first-ever annual profit after tax (PAT) of ₹229 crore for the financial year 2024 (FY24).
17 Jun 2024
Reliance IndustriesOYO eyes ₹1,000 crore fundraise in significant down round
OYO, a leading Indian hospitality startup, is currently in advanced discussions to raise approximately ₹1,000 crore ($120 million).
30 May 2024
OYO RoomsOYO achieves first profitable year with ₹100cr gains in FY24
Travel tech platform OYO has reported its first profitable fiscal year in 2023-24, recording a net profit of nearly ₹100 crore, as revealed by founder Ritesh Agarwal on social media.
08 May 2024
OYO RoomsOYO reportedly negotiating new funding round at $3 billion valuation
Indian budget-hotel chain start-up, OYO, is in discussions for a funding round, that could decrease its valuation to $3 billion or less, as per TechCrunch.
12 Feb 2024
OYO RoomsOYO requests SEBI to expedite IPO approval
OYO's top bankers and executives met with the Securities and Exchange Board of India (SEBI) to discuss the company's progress and speed up its IPO approval.
16 Jan 2024
StartupsNational Startup Day: Meet the entrepreneurs shaping India's future
India, with its vibrant and diverse business landscape, has witnessed the rise of visionary entrepreneurs who have not only revolutionized industries but also left an indelible mark on the global stage.
13 Oct 2023
RelationshipsOYO founder Ritesh Agarwal is going to be a father!
OYO founder Ritesh Agarwal shared a piece of happy news with his followers on Friday. Posing gleefully with his wife-entrepreneur Geetansha Sood, the businessman announced the couple was soon going to be parents.
07 Oct 2023
Shark Tank India'Shark Tank India': Zomato, OYO founders join as new sharks
After two successful seasons, Shark Tank India will soon return for a third installment with a captivating blend of innovation and ambition.
10 Mar 2023
OYO RoomsOYO founder Ritesh Agarwal's father dies after falling from building
Ramesh Agarwal, the father of OYO Rooms founder Ritesh Agarwal, died after falling from the 20th floor of a high-rise building in Gurugram, Haryana, on Friday, reported NDTV.
20 Feb 2023
CelebrityOYO founder Ritesh Agarwal invites PM Modi to his wedding
OYO Rooms founder Ritesh Agarwal took to social media on Sunday (February 19) to share a string of photos with Prime Minister Narendra Modi.
04 Sep 2020
OYO RoomsCOVID-19 effect: OYO extends employee furlough by another six months
The fallout of COVID-19 on the hospitality industry has forced OYO India to extend the furlough period of some of its employees by another six months.
25 Dec 2019
IndiaPay back time: OYO is making its early-stage investors rich
The general partners (GPs) at Lightspeed Venture Partners and Sequoia Capital have raked a huge payout from India's leading hotel chain OYO Hotels & Homes.
07 Oct 2019
IndiaOYO raising $1.5 billion from founder Ritesh Agarwal, SoftBank, others
In a major development, India's second most valuable start-up, OYO Hotels & Homes, has confirmed its plan to raise $1.5 billion in fresh funding.
02 Oct 2019
IndiaOYO caught leaking personal customer data, phone numbers
India's popular hotel and homestay chain OYO is facing flak for leaving the personal data of its customers exposed.
07 Sep 2019
OYO RoomsOYO founder Ritesh booked for cheating hotelier of Rs. 1cr
OYO Hotels Founder and CEO Ritesh Agarwal has been booked by the Whitefield police in Bengaluru on charges of cheating and criminal breach.
05 Aug 2019
IndiaFive successful CEOs in India who are not even graduates
Graduation is considered an important milestone in a student's learning journey.
