Tag: Indian Startup Oyo Rooms
Is Oyo Rooms the startup equivalent of a Ponzi scheme?
Ritesh Agarwal, the CEO of Oyo Rooms, released a statement claiming that this 15X growth implied that the company has delivered 2.3 million booked room-night transactions in the first quarter of 2016 - this translates to more than 766,000 rooms a month.
