Oyo

OYO, founded in 2013 by Ritesh Agarwal, has grown into one of the most well-known startups in the hospitality industry, primarily focusing on providing affordable hotel accommodations. The company’s model revolves around an innovative approach to transforming underperforming and unbranded hotels into quality, standardized rooms through partnerships with hotel owners. This model has disrupted the traditional hospitality landscape and is a prime example of the importance of startup dynamics, incubation, and business ethics in the modern business world.

Start-Up Journey of OYO

OYO’s journey began when Ritesh Agarwal, a young entrepreneur, noticed the lack of standardized and affordable hotel options for travelers in India. He initially launched a startup called "Oravel Stays," which allowed people to book budget accommodations. However, he soon realized that ________ ____ ___ ______ __________ _______ ______ ________.
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