Episode 48 - OYO's downfall is a warning sign for Indian startups

Episode 48 - OYO's downfall is a warning sign for Indian sta...

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OYO, led by its young CEO Ritesh Agarwal, was once a darling of VC funds. Connecting travellers with hotels it aimed to solve one of the basic issues in the hospitality industry. But over the last few months it has run into a number of problems such as revolting hoteliers, sliding valuations, ill-advised expansion and poorly yielding acquisitions.
OYO, led by its young CEO Ritesh Agarwal, was once a darling of VC funds. Connecting trave...Read More