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  • Oyo parent Prism calls for an EGM to consider raising Rs 6,650 crore via IPO

    Prism has sought sweeping shareholder approvals to restructure its capital, overhaul its governance framework and authorise a large fresh issue, signalling its most serious push yet to revive Oyo’s long-delayed listing plans.

  • Deutsche Bank said to refinance part of $350 million Oyo loan

    The German lender is providing a three-year bullet loan of about $150 million

  • Oyo rolls back controversial 6,000:1 bonus share plan after backlash

    After drawing criticism over its complicated bonus ballot, PRISM, the parent of Oyo, has withdrawn the plan and promised a fresh, transparent version for all shareholders — signalling a course correction before its market debut.

  • I personally clean our hotel washrooms, says Oyo founder Ritesh Agarwal

    The 29-year-old entrepreneur said it's very hard for people to accept this because, unfortunately, upbringing doesn't teach us that.

  • Oyo's Ritesh Agarwal raves about veg food served at meeting with Elon Musk, gets SpaceX-branded chopsticks

    Ritesh Agarwal provided insights into the evening, highlighting the exclusively vegetarian dinner served to the delegation. 'One of the most incredible veg spreads at SpaceX. As a vegetarian, I loved it,' he posted on X.

  • Ritesh Agarwal says over 10 lakh people used OYO rooms on NYE. 'Our users are certified night owls'

    There was a 41 percent spike in traffic at 2 am, the OYO CEO said. This comes a week after OYO completed its acquisition of G6 Hospitality from Blackstone Real Estate for Rs 4,463 crore in an all-cash transaction.

  • Urvashi Rautela meets India’s youngest billionaire Ritesh Agarwal at India global forum Africa, see pic

    Urvashi Rautela, hailed as India’s youngest superstar and a global icon, is among the highest-paid actresses in the industry. With a massive social media presence exceeding 100 million followers, she ranks as one of the most followed Indian celebrities worldwide.

  • T20 World Cup 2024: OYO opens cricket-themed hotel in Bengaluru, Ritesh Agarwal says he 'couldn't be more thrilled'

    T20 World Cup 2024: OYO CEO Ritesh Agarwal revealed that the firm had opened a cricket-themed hotel in Bengaluru named CricOtel and felt that the establishment was a true reflection of India's cricketing legacy.

  • OYO's Ritesh Agarwal's advice to young founders: 'Don’t repeat the same mistakes...'

    In an X (formerly Twitter) post on Monday, Ritesh Agarwal adviced young founders to make mistakes but not repeat the same mistakes often.

  • OYO CEO Ritesh Agarwal visits BAPS Hindu Mandir in Abu Dhabi with wife, son

    Ritesh Agarwal said he has been to many holy sites and temples this year from Puri to Bhubaneswar and Ayodhya.

  • 'When I started OYO, I had no clue how to read or interpret a balance sheet': Ritesh Agarwal

    OYO founder and CEO Ritesh Agarwal praised Shark Tank India for making fundamental concepts of business easy for the viewers to understand.

  • Shark Tank India's Ritesh Agarwal: 'Rana Daggubati has actively invested in many startups'

    Oyo founder and CEO Ritesh Agarwal also wondered if Rana Daggubati could be a judge on Shark Tank India someday.

  • Shark Tank India's Ritesh Agarwal on claims of delayed release of funds: 'Because entrepreneurs...'

    There have been simmering differences between the judges and the founders who have bagged deals, over issues surrounding delays in deal closure, changing terms, and re-negotiation of valuation.

  • Oyo founder Ritesh Agarwal on visiting Ayodhya Ram Mandir: 'The energy here is infectious'

    Ayodhya Ram Mandir inauguration is truly a historic moment, Oyo founder and CEO Ritesh Agarwal said. 'Chants and prayers can be heard as devotees stream in.'

  • Oyo founder Ritesh Agarwal visits Puri Jagannath Temple: 'Next stop is Ayodhya'

    Ritesh Agarwal, who hails from Odisha, said that he wanted to start the 'holy week' with the blessings of Lord Jagannath.

  • OYO CEO Ritesh Agarwal shares pic of Ram Mandir invite: ‘I am humbled’

    OYO CEO Ritesh Agarwal has been invited to the consecration ceremony of the Ram Temple in Ayodhya on January 22.

  • OYO's Ritesh Agarwal says Ayodhya's bookings surged by 70 per cent on New Year's Eve: 'Spiritual tourism will be...'

    The impact of the inaugurations of the new airport and the revamped railway station in Ayodhya was seen the following day when OYO CEO Ritesh Agarwal said that Ayodhya had seen a 70 per cent surge in bookings on New Year's Eve.

  • OYO founder Ritesh Agarwal to build healthcare centres for underprivileged in Odisha

    The operating partner Last Mile Care successfully runs 13 similar centres across India, including one in Tandipur village in Odisha, which was built in collaboration with OYO Care, OYO's CSR department

  • Oyo's Ritesh Agarwal, wife Geetansha welcome baby boy: 'sleepless nights'

    Ritesh Agarwal and Geetansha, who met eleven years ago as teenagers, got married in March this year in New Delhi.

  • OYO to prepay over Rs 1,600 crore debt via buyback

    The buyback initiative involves the repurchase of 30 per cent of OYO's outstanding Term Loan B (TLB), as per an announcement by the IPO-bound company on the Bloomberg terminal.

  • OYO's Ritesh Agarwal announces wife Geetansha's pregnancy: 'Feel free to share your best recommendations for nappies'

    Writing on X (formerly Twitter), Ritesh Agarwal shared that his and wife Geetansha were expecting their first child.

  • Shark Tank India's new judge Ritesh Agarwal says Bengaluru dosa joints are 'OG Shark Tanks'

    OYO founder and CEO Ritesh Agarwal had recently announced joining the popular business reality show Shark Tank India for its third season.

  • When OYO CEO Ritesh Agarwal had Rs 23 in his bank account and no place to stay. Watch

    In a video released on X (formerly Twitter), Ritesh Agarwal could be heard talking to movie producer Ronnie Screwvala and sharing a story from his early days of struggle in Delhi.

  • Ritesh Agarwal shares throwback story from OYO's 'early years', Twitter praises him for his journey

    Writing on Sunday, Ritesh Agarwal shared that during the initial days of OYO, his number was shared listed on the customer care page.

  • When OYO CEO Ritesh Agarwal received Rs 20 tip from angry customer

    OYO CEO Ritesh Agarwal remembered the early days of his career in a recent interview, opening up about the time he doubled up as cleaning staff when needed.

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