Ritesh Agarwal Archives - Short Term Rentals

Paul Stevens 1st March 20231st March 2023 Abhinav Sinha, Abhishek Gupta, Ankit Mathuria, Anuj Tejpal, Gautam Swaroop, India, IPO, management, Mandar Vaidya, Maninder Gulati, Oyo, Ritesh Agarwal, Sebi, Shreerang Godbole

OYO undergoes senior management reshuffle ahead of IPO

India: Hospitality chain OYO has undergone a major overhaul of its senior management team led by founder and CEO, Ritesh Agarwal, ahead of the company’s proposed IPO.

Investment News

Paul Stevens 3rd January 2023 India, IPO, Oyo, Ritesh Agarwal, Sebi

OYO IPO set for further delay in 2023

India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.

Movers and Shakers News

Paul Stevens 5th December 2022 IPO, Layoffs, Oyo, Ritesh Agarwal

OYO to lay off 600 employees in pre-IPO restructuring

India: Hospitality chain OYO has announced that it will lay off around 600 employees across its product and engineering teams, affecting close to ten per cent of the company’s 3700-strong employee base worldwide.

Investment News

Paul Stevens 22nd September 202222nd September 2022 Bornholmske Feriehuse, Direct Booker, EBITDA, IPO, Oyo, OYO Vacation Homes, Ritesh Agarwal, SoftBank

OYO steps up plans to resurrect IPO in early 2023

India: Hospitality chain OYO is reportedly ready to resurrect its plans to debut on the stock market through an initial public offering [IPO] by as early as January 2023.

Guest and property management News

Paul Stevens 9th August 2022 Anne Hougaard Jensen, Bornholmske Feriehuse, Denmark, H.E. Freddy Svane, India, Invest in Denmark, Oyo, OYO Vacation Homes, Rasmus Land, Ritesh Agarwal

OYO purchases Bornholmske Feriehuse in Denmark

Denmark: OYO Vacation Homes has acquired Nordic-based holiday home operator Bornholmske Feriehuse through its subsidiary Danish rental brand DanCenter.

Investment News

Paul Stevens 26th May 2022 Ashutosh Sharma, India, IPO, Oyo, Ritesh Agarwal

OYO puts IPO plans on hold until at least September

India: Hospitality unicorn OYO is said to be putting its IPO plans on hold to until at least September in a bid to ride out the volatility of the pandemic-affected markets.