Is OYO’s turnaround for real?

Even as the chorus of the company’s turnaround seems to be gathering momentum, it appears that co-founder Ritesh Agarwal’s one-trick pony continues to be financial engineering.

17 October, 20249 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Is OYO’s turnaround for real?

You may also like

Internet
Story image

Bravado, IPO and OYO

A debt-heavy global pivot to modest motels and accounting-led profits define the company now heading to Indian public markets.

Internet
Story image

Why SoftBank has shunned India

For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.

Internet
Story image

FabHotels pivoted to corporate travel for survival. Can it grow?

The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.