09-07-2025
Markets need to see more than profits from Oyo
Strategy
Exclusives Markets need to see more than profits from Oyo
Oyo Founder Ritesh Agarwal; image credit: Visualisation by Sadhana Saxena via AI
Synopsis
After surviving a steep fall and existential crisis in 2020, Oyo picked up pieces from the remains of Covid-19 devastation and self-inflicted errors. Its profits, revenue, storefronts and global footprint are steadily growing, making the company's IPO prospects more tangible than ever. The question now is how markets will view Oyo's steady growth and stability.