Founder · OYO

Ritesh Agarwal

Founder & Group CEO of OYO, a hospitality technology company based in Gurugram.

Founder · Group CEOGurugramHospitality Technology

About

Ritesh Agarwal is Founder & Group CEO of OYO, a hospitality technology company based in Gurugram, founded in 2012.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2012
OYO
Hospitality Technology · Gurugram · IPO

OYO is a Gurugram-based global hospitality technology platform operated by parent company Prism (formerly Oravel Stays, renamed September 2025). It spans 43 brands across 35+ countries — including Motel 6 and Studio 6 in the US via its 2024 G6 Hospitality acquisition — with 24,300+ hotels and 124,600+ homes on the network. International operations now contribute over 84% of revenue.

Company profile →Profile

Journey with OYO

2 milestones
  1. 2024Milestone

    Acquires G6 Hospitality (Motel 6, Studio 6) — the US business drives 9M FY26 GBV of ₹12,022 Cr and becomes the group's largest growth engine.

  2. Jun 2026Milestone

    SEBI approves the ₹6,650 Cr all-fresh-issue IPO; S&P revises outlook to Positive citing stronger profitability. Read the story →

Coverage

1 story
Lite Updates · 3 Jun 2026 · 3 min read
OYO Parent Prism Secures SEBI Approval for ₹6,650 Crore IPO with Fresh Equity Issue