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Oyo's founder Ritesh Aggarwal reached Mahakumbh with his son Aryan, took a dip in the Sangam and shared his old experience on Kumbh.
Ritesh Aggarwal, founder of the country's popular hotel chain company Oyo Rooms, arrived in Mahakumbh on Tuesday with his son Aryan. There he took a dip in the confluence.
Ritesh then shared a video on Instagram and X, in which he shared his old experience of Kumbh and told the story of the beginning of Oyo.
He said that God has started Oyo. Hundreds of people are now staying in Oyo's rooms during the journey of Mahakumbh.
Today i.e. on Wednesday (26 February), the last Amrit bath is being done on the occasion of Mahashivaratri, with this the world's largest religious event will end.
Ritesh said- when he came last time, he stayed with a relative
Ritesh said, 'Mahakumbh is a very personal experience for me. I stayed with a relative when I came last time. Then I felt that it would have been nice to stay in a hotel.
Since then, I have been in my mind to work on a hotel or akmodation business. Today, after so many years, this year's Mahakumbh Mela when many people are staying with us (in our hotel rooms). I feel that God has done this work to me.
Oyo founder Ritesh Aggarwal reached Mahakumbh with his son Aryan and took a dip in the confluence.
Company started in 2013, profit for the first time in 2024
Oyo was started in 2013 by Ritesh Aggarwal. The company then targeted cheap hotels. They used to go to the hoteliers and connect them with them. After this, he worked on the branding, marketing, technology support, customer management and its look and feel of the hotel. This increased the business of the hotel by 2 times. OYO first made a profit in FY 2024.
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OYO has a profit of 100 crores in FY 2024: Company in profit for the first time, Ritesh Aggarwal said- We have a cash balance of about ₹ 1000 crores
Online Hotel Booking Company Oyo has received profit in a financial year for the first time. The company's net profit was Rs 100 crore in FY 2024. The company's founder Ritesh Aggarwal gave this information on the previous day.
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