Oyo CEO Discusses Personal Highs and Lows, Shark Tank’s Impact – Full Video
Photo Credit: Ritesh Agarwal, CEO and founder of OYO, spoke on-stage at Skift India Summit in Delhi-NCR in March 2024. Source: Skift. Skift
Skift Take
Oyo CEO Ritesh Agarwal talked candidly about his dramatic past year. He saw his business thrive and became a judge on the popular TV show Shark Tank India. However, he also suffered personal loss and saw an IPO filing stall.
Ritesh Agarwal launched Oyo with the ambition of becoming the world's largest hotel chain. After experiencing some pandemic-era struggles, Oyo has seen the hotel business rebound strongly. Its vacation rental subsidiary in Europe has also done well.
Agarwal discussed a wide variety of subjects with Skift CEO and founder Rafat Ali during the recent Skift India Summit 2024. Here are Agarwal's thoughts on, India's surging economy, Oyo's growing portfolio, and personal highs and lows from the past year. Watch the full interview below.
https://youtu.be/Lk_PMNxst9A OYO's Post-Covid JourneyAgarwal: I think first off, I'm very excited about where I am today. I think that in life, there are always certain moments or certain situations — a journey that leaves a lasting effect on you. So I think the last two or three years have left a lasting effect in me. During Covid, a lot of people tried to anticipate that Oyo probably would not be around a couple of years l
