It’s showtime as stakes get higher for SoftBank-backed Indian unicorn OYO

It’s showtime as stakes get higher for SoftBank-backed Indian unicorn OYO

File photo of OYO founder and CEO Ritesh Agarwal and SoftBank CEO Masayoshi Son.

In November 2018, Oyo (Oravel Stays Pvt. Ltd) announced the appointment of Aditya Ghosh as chief executive officer (CEO) of its South Asia business. Ghosh’s appointment was a coup for Oyo, as impressive as the $5 billion valuation it had secured in a large funding round three months ago.

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