Tag: ritesh agarwal
Oyo’s valuation at $ 4.6 billion after Nuvama Wealth acquires Rs 100 crore stake
Oyo’s valuation is at $ 4.6 billion after Nuvama Wealth and Investment Limited acquired shares worth Rs 100 crore in Oyo parent Oravel Stays Ltd…
Oyo founder Ritesh Agarwal to invest ₹550 crore into the company for global expansion
Nov 18, 2024 02:01 PM IST Oyo acquired US-based hospitality chain Motel 6 and Studio 6 from Blackstone Real Estate for $525 million in September…
Oyo: Oyo reports Rs 158 crore net profit in Q2: founder Ritesh Agarwal
Travel tech platform Oyo achieved a profit after tax of Rs 158 crore in the second quarter of the current fiscal ended September, founder Ritesh…
oyo: Oyo expects consistent PAT rise in upcoming quarters, CEO Ritesh Agarwal tells employees
Hospitality and travel-tech firm Oyo expects a consistent rise in its Profit After Tax (PAT) after doubling it sequentially in Q3 FY24 to Rs 30…
deepinder goyal: Shark Tank India: After Oyo’s Ritesh Agarwal, Zomato’s Deepinder Goyal joins judges panel
Zomato founder and CEO Deepinder Goyal is the latest ‘shark’ in the panel of business reality television show Shark Tank India 3. The official Twitter…
Oyo: Oyo clocked adjusted EBITDA of Rs 175 crore in Q1, CEO Ritesh Agarwal tells employees
In an internal employee town hall on Monday, Oyo told its employees that the company clocked an adjusted EBITDA or adjusted operating profit of Rs…
oyo: Fitch revises outlook on Oyo’s IDRs to positive from stable
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…
oyo ipo: SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds
Oyo Hotels is reducing the shares it aims to sell via a stock-market debut by about two-thirds, an effort by its founder to get the…
Oyo earnings: Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24
Oyo founder Ritesh Agarwal told employees in an internal town hall on Monday that it expects to clock adjusted EBITDA of nearly Rs 800 crore…
Oyo founder’s wedding: Ritesh Agarwal seeks blessings of SoftBank’s Son
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…