Having built one of India’s most successful unicorns with a global footprint in less than a decade, Ritesh Agarwal of OYO is now tapping into newer opportunities such as staycation and holiday homes.
OYO was hit hard by the pandemic last year. Founder Ritesh Agarwal, who is at the forefront of reimagining OYO for a post-pandemic future, explains how he has been crafting this strategy.
For the OYO founder, the global Coronavirus outbreak is the most difficult and unique challenge that has presented itself in the seven-year history of the company. Can the business survive the crisis?
In India, OYO said it has reached out to ministries and state governments to offer some of its properties for pay per use quarantine facilities at an affordable price.