Ritesh Agarwal, founder of Oyo Hotels and Homes, will spend US$700 million to buy new shares in the India lodging start-up as part of a previously reported US$2 billion plan to triple his ownership stake. Photo: Bloomberg

India lodging start-up Oyo raises US$1.5 billion amid its expansion into US, Europe

  • Founder Ritesh Agarwal has built Oyo into India’s second-most valuable start-up, with a business that covers more than 80 countries
Topic |   Start-ups

TOP PICKS

Ritesh Agarwal, founder of Oyo Hotels and Homes, will spend US$700 million to buy new shares in the India lodging start-up as part of a previously reported US$2 billion plan to triple his ownership stake. Photo: Bloomberg
READ FULL ARTICLE