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Ritesh Agarwal to Invest ₹550 Crore in Oyo Amid Global Expansion

UNIQUE TIMES

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December 2024 - January 2025

Oyo’s founder and CEO Ritesh Agarwal plans to personally invest ₹550 crore in the company, raising his stake from 30% to 32% by acquiring over ₹12.9 crore shares at ₹42.60 each.

Ritesh Agarwal to Invest ₹550 Crore in Oyo Amid Global Expansion

The move, discussed at an EGM on December 9, 2024, valued Oyo at nearly ₹32,000 crore, representing a 45% premium over Agarwal's previous purchase in August. Oy

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