Tag: Oyo Rooms
The OYO success story: Ritesh Agarwal world’s youngest self made billionaire after Kylie Jenner
Ritesh Agarwal's net worth is around INR 7253 crore which is $1.1 billion dollars as per the Hurun Rich List 2020 making him the world's youngest self made billionaire after the famous Kylie Jenner.
From college dropout to CEO at 20: The incredible story of OYO founder Ritesh...
From a regular 17-year-old to the owner of a million-dollar company at the age of 22, Ritesh Agarwal's story is what fantasies are made of.
Oyo gets a USD 250 mn infusion from Softbank to fight MakeMyTrip, others
This is Softbank Vision Fund's second big investment in India after a massive USD 2.5 billion round in Flipkart, last month.
OYO Rooms grabs another $90mn from SoftBank to take on competition, strengthen new offering
Budget hotel aggregator OYO Rooms is closing a $90-million financing round. The funding is led by its largest shareholder, SoftBank.
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.
Man behind OYO Rooms : Ritesh Agarwal
The teenage boy – Ritesh Agarwal is the Founder & CEO of OYO Rooms – fastest growing Branded network of hotels offline & online.
Oyo Rooms turns profitable with 15x growth year over year
According to a report shared by the OYO Rooms, SoftBank-backed budget hotel room aggregator OYO Rooms said it has attained profitability at an aggregate level, which means, on an average, they are making profit on every room sold.
