Aditya Ghosh on OYO board, Rohit Kapoor new India CEO
5 years, 1 month ago

Aditya Ghosh on OYO board, Rohit Kapoor new India CEO

The Quint  

New Delhi, Dec 2 Hospitality unicorn OYO on Monday announced the elevation of Aditya Ghosh, presently CEO, India & South Asia for the hotels and homes business to the company's board of directors. I am certain that OYO India and South Asia will continue to grow from strength to strength under his able leadership," Ritesh Agarwal, Founder and Group CEO, OYO Hotels & Homes, said in a statement. "I am, therefore, excited and keen to play a larger role and harness my experience in helping a public company operate well and ascribe to high standards of sustainable growth corporate governance and build a sustainable business at scale, with a clear path to profitability," Ghosh said. Ghosh is joining OYO Founder Agarwal, Betsy Atkins, Founder and CEO, Baja Corporation and other industry experts like Munish Varma, Managing Partner, SoftBank Vision Fund, Bejul Somaia, Partner, Lightspeed India Partners Advisors; Mohit Bhatnagar, Managing Director, Sequoia Capital India Advisor among others, on the board.

India South Asia Ghosh Ceo Oyo Business Rohit  india  strength  business  rohit  asia  south  founder  aditya  ghosh  kapoor  ceo  oyo  sustainable  board

History of this topic

Oyo India CEO, Ankit Gupta and Europe Head, Mandar Vaidya quit ahead of IPO
1 year, 4 months ago

Oyo India CEO, Ankit Gupta and Europe Head, Mandar Vaidya quit ahead of IPO

Live Mint  

Ahead of its public listing, Oyo witnessed the exit of its India CEO, Ankit Gupta and Europe head, Mandar Vaidya. The recent exit has increased the list of top executives who have left the hospitality and travel tech startup in last one year. Oyo India CEO, Ankit Gupta had joined the unicorn in 2019 and was appointed in the post …

Oyo ropes in former SBI chairman Rajnish Kumar as strategic group adviser
3 years, 1 month ago

Oyo ropes in former SBI chairman Rajnish Kumar as strategic group adviser

Live Mint  

IPO-bound hospitality unicorn Oyo Hotels and Homes on Thursday announced the appointment of former State Bank of India chairman, Rajnish Kumar as strategic group adviser. “We are delighted to welcome Mr Rajnish Kumar as a Strategic Group Advisor at OYO. During his long stint at the public-sector bank, Kumar also headed SBI Capital Markets Limited, SBI’s merchant banking arm. In …

OYO appoints Ankit Gupta as CEO; to lead flagship hotels, homes
3 years, 2 months ago

OYO appoints Ankit Gupta as CEO; to lead flagship hotels, homes

Live Mint  

Ltd, which operates the OYO Hotels and Homes business, said it has appointed Ankit Gupta as chief executive officer of franchise and frontier business – India. As a part of his expanded responsibilities, Gupta will be leading OYO’s flagship hotels & homes business as well as other verticals. Earlier in March, an arbitral tribunal ruled in favour of Zostel calling …

Hotel aggregator OYO files for Rs 8,430 crore IPO
3 years, 3 months ago

Hotel aggregator OYO files for Rs 8,430 crore IPO

Firstpost  

The offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer for sale of as much as Rs 1,430 crore, according to the draft red herring prospectus filed with SEBI Hotel aggregator OYO has filed preliminary documents for a Rs 8,430 crore initial public offering as it joined the rush of technology …

Oyo has $1 billion to fund operations until IPO, CEO Ritesh Agarwal tells employees
4 years, 1 month ago

Oyo has $1 billion to fund operations until IPO, CEO Ritesh Agarwal tells employees

Live Mint  

Ritesh Agarwal, founder and chief executive officer of Oyo Hotels, told employees the Indian startup is making progress in recovering from the coronavirus fallout and has about $1 billion to fund operations until an initial public offering. The 27-year-old entrepreneur made the comments in a fireside chat with Oyo board member Troy Alstead, after the once high-flying company endured months …

Exclusive: Oyo’s Ritesh Agarwal opens up about job losses, Aditya Ghosh, governance issues, and SoftBank’s role
4 years, 11 months ago

Exclusive: Oyo’s Ritesh Agarwal opens up about job losses, Aditya Ghosh, governance issues, and SoftBank’s role

Firstpost  

“This is the first time I am doing an interview, but I have been open all throughout.” In the past months, Oyo has been compared to WeWork, and it’s culture and governance has been questioned. Apart from letters to employees, there was no communication with Ritesh Agarwal, Oyo’s Founder and CEO. “This is the first time I am doing an …

Oyo CEO Ritesh Agarwal hints at more layoffs to drive sustainable growth; around 1,000 Indian employees to lose jobs
5 years ago

Oyo CEO Ritesh Agarwal hints at more layoffs to drive sustainable growth; around 1,000 Indian employees to lose jobs

Firstpost  

The focus of Oyo and Agarwal for 2020 will be on sustainable growth, operational and customer excellence, profitability, and training and governance. Oyo will, in the coming days, lay off 1,450 employees, 1,000 of them in India, in an attempt to drive “sustainable and profitable growth” at the SoftBank-backed startup, a source told Tech2. It requires tough choices and it …

Oyo elevates India and South Asia CEO Aditya Ghosh to board of directors
5 years, 1 month ago

Oyo elevates India and South Asia CEO Aditya Ghosh to board of directors

Firstpost  

Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer for the hotels and homes business, as a member of its board of directors New Delhi: Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer for the hotels and homes business, as a member of its board of directors. …

Oyo is successful because of its business model: CEO Ritesh Agarwal
5 years, 3 months ago

Oyo is successful because of its business model: CEO Ritesh Agarwal

Live Mint  

Ritesh Agarwal, founder and chief executive of Oyo Rooms, one of the country’s most popular unicorns—or rather decacorns —insists the credit for the success of his startup should go to the business model and not the quantum of capital raised. Watch video: 'No IPO on cards as of now,' Ritesh Agarwal, Oyo rooms Do you share a deep relationship with …

Oyo to invest Rs 1,400 cr in India, Nepal markets to enhance infrastructure, technology; announces new brand
5 years, 10 months ago

Oyo to invest Rs 1,400 cr in India, Nepal markets to enhance infrastructure, technology; announces new brand

Firstpost  

Oyo also launched an in-app SoS button for emergency assistance with options to contact the Oyo safety response team as well as local law enforcement authorities. New Delhi: Hospitality firm Oyo will invest Rs 1,400 crore in India and Nepal markets in 2019 as part of efforts to increase infrastructure, strengthen technology and internal capability, it said on Tuesday. “Rs …

OYO appoints Max Healthcare's Rohit Kapoor as CEO of new real estate business
6 years, 1 month ago

OYO appoints Max Healthcare's Rohit Kapoor as CEO of new real estate business

Firstpost  

Hospitality firm OYO on Tuesday said it has appointed Max Healthcare Executive Director Rohit Kapoor as the chief executive officer of its new real estate businesses, effective 6 December New Delhi: Hospitality firm OYO on Tuesday said it has appointed Max Healthcare Executive Director Rohit Kapoor as the chief executive officer of its new real estate businesses, effective 6 December. …

OYO appoints former IndiGo president Aditya Ghosh as CEO for India and South Asia
6 years, 2 months ago

OYO appoints former IndiGo president Aditya Ghosh as CEO for India and South Asia

Firstpost  

The appointment comes in wake of the company’s focus to drive accelerated growth in its home markets – India and China, OYO said in a statement. New Delhi: Hospitality firm OYO said Thursday it has appointed former IndiGo President Aditya Ghosh as the chief executive officer for India and South Asia, effective from 1 December this year. “With Ghosh taking …

How 24-year-old Ritesh Agarwal built Oyo into a $5 billion startup in just 5 years
6 years, 3 months ago

How 24-year-old Ritesh Agarwal built Oyo into a $5 billion startup in just 5 years

Live Mint  

Bangalore: Finding clean, affordable hotels in India can be a traveller’s nightmare. “By 2023, we will be the world’s largest hotel chain,” the 24-year-old founder said in a recent interview at an Oyo hotel in a suburb of New Delhi, where the company is based. “Oyo is going all out to build a very large base of hotel partners and …

IndiaTech appoints Rameesh Kailasam as new CEO
6 years, 5 months ago

IndiaTech appoints Rameesh Kailasam as new CEO

Live Mint  

New Delhi: Lobby Group IndiaTech.org, formed by India’s top internet companies, has appointed Rameesh Kailasam as chief executive officer. “For India’s economy to achieve its full potential in terms of growth and job creation, it needs a vibrant ecosystem of large home-grown internet companies, similar to what exists in China and the US. IndiaTech is a consortium of home-grown companies …

Discover Related