Oyo, the hospitality giant known for budget-friendly stays, is ready to change not just how the world books hotels but also how it sees the company itself. As part of its strategic pivot ahead of a planned IPO in the last quarter of the current fiscal year, the company is set to rename its parent […]
Tag: Ritesh Agarwal
Oyo’s Third Time Charm: IPO Dreams Rekindled with Billion-Dollar Ambitions
In the ever-turbulent world of startups, few stories have oscillated between spectacular ambition and nail-biting suspense quite like Oyo’s. And now, the hospitality unicorn is back in the headlines, dusting off its IPO playbook for a third go—with bigger dreams and tighter suits. According to sources close to the matter, Oravel Stays, the parent company […]
Oyo To Cross Rs 2100 Crore in Q4FY25, Founder Ritesh Agarwal Assures
Oyo is likely to achieve more than 60% revenue growth during the fourth quarter of FY2025 with an aim of Rs 2100 crore, as per a statement provided by the founder Ritesh Agarwal. In a company mail to Oyo senior leaders, Agarwal emphasized that Oyo’s organic revenue growth stands at 42%, driven by hard markets […]