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Experience · 4 entries
All (4)
Investments (2)
Founder (1)
2023
Angel Investor
Nov 2023
OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aims to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157K hotel and home storefronts in more than 35 countries including India, Europe, and Southeast Asia.
OYO was founded by 27-year-old Ritesh Agarwal, the first Asian resident to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel).
OYO operates a unique business model that helps its patrons transform fragmented, unbranded and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides its customers with access to a broad range of high-quality storefronts at compelling price points.
Owners and operators of over 157K storefronts use the OYO platform to manage all mission-critical aspects of their business operations. OYO’s comprehensive, full-stack technology suite integrates more than 40 products and services across digital sign-up and onboarding, revenue management, daily business management and D2C stacks into two flagship patron applications, Co-OYO and OYO OS.
OYO customers can book storefronts through OYO’s own D2C channels and through indirect channels with third-party OTAs. The OYO App offers a variety of digital tools to guide customers throughout their journey, including discovery, seamless booking, pre-stay assistance, cancellations, digital check-ins as well as in-stay and post-stay services. With over 100 mn downloads, the OYO App was the 3rd most downloaded travel app in 2020. OYO Wizard, OYO’s loyalty program, has 9.2 million members and is the second largest loyalty program run by a travel or food brand in India, by subscriber base.
Director
Jul 2023
Singro Venture Pvt. Ltd. is recognized as a investor network platform hand holding early stage start-ups directly from the idea stage, mentoring them. We invest across various sectors at an angel stage & seed stages as well.
2022
Co-Founder
Dec 2022
Were a thriving community exclusively for engineers, built by engineers.
This interconnected platform provides instant access to a nationwide network of professionals within your specific engineering domain, regardless of their location or experience level.
Active community of 5,00,000+ 𝐞𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐬 from 1950+ 𝐜𝐚𝐦𝐩𝐮𝐬 from PAN India.
2018
