The Future of Oyo: Prospects and Challenges Ahead Oyo, the hospitality startup that once soared to a $10 billion (₹83,431 crores) valuation, has been on a roller-coaster ride in recent…
Blog Highlights Rise from modest beginnings. Early Ventures and a transformative period. Evolution of OYO Rooms. Influence of Shark Tank India. Ritesh Agarwal Net Worth is $2.1 Billion or 16,000…
CEO Ritesh Agarwal's Vision Behind OYO's Profit Surge Founder & CEO Ritesh Agarwal gave optimistic predictions for the company's profitability during a recent town hall meeting at OYO. He highlighted a…
2024 IPO Boom: OYO, Digit Insurance, and First Cry Lead The year 2024 is set to witness a vibrant celebration in the financial world as three new-age technology companies (NATCs)…
Long IPO wait times prompt Oyo to seek private funding Ritesh Agarwal, the founder of OYO, provided his staff with the following financial information last month: In the fiscal year…
OYO properties addition in Ayodhya New Delhi, April 20 (PTI) – Hospitality technology firm OYO announced on Thursday that it will open 50 new properties in Ayodhya by 2023 as…
OYO, IPO-bound, reports Rs 56 crore EBITDA in Q2 In its quarter two monetary results submitted to SEBI, hospitality chain Oyo reported an adjusted EBITDA of Rs 56 crore and…
How OYO became profitable at the operating level in Q1FY23 As OYO prepares for its initial public offering (IPO), financial services firm Jefferies notes that while the company had one…
Oyo achieves EBITDA positive, reduces losses. OYO, the Softbank-backed hotel aggregator, has reported an EBITDA of Rs 7 crore (around $1 mn) adjusted for the first quarter of FY23 and…