It’s showtime as stakes get higher for Oyo

Bengaluru: 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.

Ghosh was one of the most sought-after corporate leaders, having won universal acclaim for his performance as CEO of India’s largest airline IndiGo. Ghosh’s “business acumen, his problem-solving capabilities, and his customer-centric approach to innovation that helped him build an influential brand that is loved by all, makes him an excellent choice”, Oyo founder and CEO Ritesh Agarwal said last November.