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Latest Articles in Ritesh Agarwal

Oyo India CEO Ankit Gupta And Europe Head Mandar Vaidya Resign Ahead Of IPO

Ankit Gupta and Mandar Vaidya reportedly stepped down from their roles six months ago, in March of this year

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OYO Pre-files New DRHP For $400-500 Mn Main Fundraise

The secondary sale component of the IPO has been dropped, and the issue's goal is to repay the majority of its obligations

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OYO Anticipates Income Of More Than Rs 5,700 Cr In FY23

At a town hall meeting on Monday, Agarwal informed employees that OYO aims to achieve adjusted EBITDA of nearly Rs 800 crore in the coming fiscal year

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OYO Founder's Father Dies After Falling From 20th Floor In Gurugram

Ramesh Agarwal was recently spotted at the wedding of his 29-year-old entrepreneur son, Ritesh Agarwal with Geetansha Sood

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IPO-Bound Oyo On Restructuring Mode; To Cut 600 Jobs

Oyo is downsizing about 10 per cent of its 3,700-workforce in the technology and corporate verticals

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Oyo Files Second Addendum To SEBI

Oyo a hospitality technology platform files updated finances to SEBI before its Initial Public Offering (IPO) application

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Mindmine Institute Announces The 15th Edition Of Mindmine Summit - Post Pandemic: Repurposing India!

With KPMG as the Knowledge Partner, and Odisha on board as a State Partner, this two-day think fest will witness national and international minds converge and deliberate on issues across a spectrum of topics.

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Indian Rupee Slips 25 Paise To Close At 79.80 Against US Dollar

The local currency hit a record low of 80.12 earlier this week, which it has since recovered from with RBI's support

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Facing Unfair Competition From Global Tech Giants: Domestic Players

The Competition Commission of India (CCI) is already probing various cases, especially in the digital space, following complaints of alleged unfair business practices

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Parl Panel Summons Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal

BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace

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PM Narendra Modi Meets India Inc For Budget Inputs

The upcoming Budget would focus on accelerating growth hit by the COVID-19 pandemic.

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OYO Appoints Former SBI Chairman Rajnish Kumar As Strategic Group Advisor

He is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe.

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CARS24 Closes $340M Series F Funding Round Raising Its Valuation To $1.84B

The investments will be used for national growth of cars, bikes and financing business, deepening technology and data sciences advancement and international expansion

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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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