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Latest Articles in Ritesh Agarwal

SoftBank-backed Oyo To File For $1.2 bn IPO Next Week: Source

The hotel aggregator is looking to list in India’s financial capital of Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion, the source said, adding it will consist of a fresh issue of shares and an offer for sale from existing shareholders.

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AI In Hospitality: Say Aye!

AI has propelled its inclusion across various sectors especially when social distancing measures are a necessity in the hospitality industry, which cannot compromise on service and experience deliveries to its customers while ensuring safety for all.

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Microsoft Corporation Invests $5 Mn In OYO

Under the deal, OYO will issue 5 equity shares of the face value of Rs 10 each for cash at an issue price of India rupee equivalent of USD 58,490 per equity share.

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LIC, EPFO Keen To Set Up Fund For Startups: DPIIT Official

These issues came up in the meeting of the National Startup Advisory Council.

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Microsoft In Talks To Buy Stake In OYO: Sources

The transaction is likely to be completed before the proposed initial public offering (IPO) planned by OYO, for which no definitive timeline has been given.

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Oyo Implements Plan For IPO Launch In FY2021

Oyo propels to become an IPO ready company as an increasing number of tech companies have been launching their IPO in India, ushering the dawn of a new era for the Indian tech ecosystem

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OYO To Move To 4-Day Work Week: Ritesh Agarwal

Starting today we are moving to a 4-day work week but implementing it slightly differently, making Wednesdays off to let OYOpreneurs have a mid-week breather. We also launched a No Questions Asked Flexible Infinite Paid Leaves

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OYO To Show Vaccination Status Of Partner Hotels' Staff On Its App

VaccinAid is our small attempt to promote the larger cause of vaccination among our customers as well as our hotel partners & their staff

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NCLT Initiates Insolvency Proceedings Against OYO Arm; Co Files Appeal

The creditors of OYO Hotels and Homes Pvt Ltd are called upon to submit their claims with proofs on or before April 15, 2021, to the interim resolution professional

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DGGI arrests man for fraudulently availing input tax credit of Rs 376 crore through 7 fake firms

DGGI arrests man for fraudulently availing input tax credit of Rs 376 crore through 7 fake firms

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OYO Hotels & Homes strengthens global leadership bench; Announces new appointments, elevations

OYO Hotels & Homes strengthens global leadership bench; Announces new appointments, elevations

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OYO Launches Equal Partner Policy; Announces the Second Edition of Club Red to Unlock the Next Phase of Growth for its Asset Owners in India

OYO Launches Equal Partner Policy; Announces the Second Edition of Club Red to Unlock the Next Phase of Growth for its Asset Owners in India

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OYO appoints Anuj Tejpal as Global Chief Commercial Officer

OYO appoints Anuj Tejpal as Global Chief Commercial Officer

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Come Out Stronger

Reflecting back on the last three months, Agarwal reminds that this has been one of the toughest times for anyone in the hospitality sector.

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