Entrepreneur and founder of Oyo Rooms Agarwal is one of India’s youngest billionaires. — AFP
An Indian startup is turning its attention towards usurping the West’s largest hotel chains after establishing itself as India’s biggest player and shaking up the Chinese market.
Oyo Rooms, which specialises in no-frills accommodation, was only formed in 2013 but is already worth an estimated US$5bil (RM21bil) after receiving funding from international venture capitalists.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
