Ritesh Agarwal

Fitch Ratings said on Wednesday it has revised the outlook on India-based Oravel Stays Limited's (Oyo's) long-term foreign- and local-currency issuer default ratings (IDRs) to positive from stable, while affirming the ratings at 'B-'.Fitch…

Hospitality and travel-tech firm Oyo estimates its revenue in FY23 to be more than Rs. 5,700 crore, up 19 percent from Rs. 4,780 crore it had recorded in FY22, according to its Founder & Group CEO Ritesh Agarwal. At a town hall on…

…

Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday attended the wedding reception of Oyo Founder Ritesh Agarwal in New Delhi. In the pictures from the wedding reception widely shared on social media, Agarwal and his…

Startups and new-age companies should not consider growth and profitability as trade-offs -- that was one of the key messages to emerge from a discussion at the Economic Times Global Business Summit. The panel of leaders from the new…

Ritesh Agarwal, the founder of Oyo Rooms, invited Prime Minister Narendra Modi to his wedding next month and expressed his commitment to the growth of the tourism industry across India. On Sunday, Agarwal shared pictures of his meeting with…

…

Ritesh Agarwal, founder and group CEO of Softbank-backed Indian hotels aggregator OYO, has urged companies that are hiring in tech to hire the employees laid off by the company. Recently, OYO announced that it will downsize 10 per cent of…

IPO-bound travel tech firm OYO on Saturday announced it will downsize about 10 per cent of its 3,700-employee base by cutting 600 jobs in the technology and corporate verticals and hiring 250 members, primarily in the relationship…

Former Infosys Director T.V. Mohandas Pai slammed Ritesh Agarwal-run Oyo for allegedly misleading investors via 'fake accounting' as the hospitality major reported its maiden positive EBITDA during the first quarter of the current fiscal.…