Small towns will write next chapter of India’s startup story: Oyo CEO

Small towns will write the next chapter of India’s startup story, OYO Founder and Chairman Ritesh Agarwal said on Tuesday, as he extended his support to four startups from Ladakh and the Himalayan region that are part of the Naropa Fellowship programme.

Naropa Fellowship, co-founded by Drukpa Thuksey Rinpoche and Pramath Raj Sinha is a Ladakh-based fellowship programme aimed at creating environmentally and socially conscious entrepreneurs from the Himalayan region.

“Small towns in India will write the next chapter of India’s startup story & I’m delighted to extend my support to this momentum, through an initial pledge of INR 1CR equity-free grant & mentorship to entrepreneurs across India-starting with 4 fantastic startups from @TheNaropa,” Agarwal said in a tweet.