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
Is OYO’s turnaround for real?

You may also like

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.

Internet
Story image

What about Lightspeed?

One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.

Business
Story image

Blackstone and Lunate chart a new logistics play in the Gulf

A $5 billion logistics platform in the Emirates, a group of Indian fraudsters caught in a conference con and Saudi Arabia’s troubles.