Ritesh Agarwal: Ledger

Stories naming Ritesh Agarwal. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Role	Organisation	Sources
Founder and CEO	Oyo	Startup Daily, bwdisrupt.com, tradeunlisted.com, businessreviewlive.com, economictimes.indiatimes.com, SmartCompany, newswire.nokomis.in

Exit / M&A

Oyo owned Belvilla acquires short-term rental platform MadeComfy

Oyo's Belvilla has acquired Australian short-term rental manager MadeComfy in a cash-and-stock deal, with share components valuing Oyo near $5 billion; the piece also recalls Oyo's earlier acquisitions of @Leisure Group and G6 Hospitality.

economictimes.indiatimes.com Sat 24 May 2025 Belvilla Blackstone Real Estate G6 Hospitality @Leisure Group MadeComfy Motel 6 Oravel Stays Oyo Studio 6 Quirin Schwaighofer Ritesh Agarwal Sabrina Bethunin

Also businessreviewlive.com·newswire.nokomis.in·tradeunlisted.com·community.verified.realestate·planify.in·Crunchbase News

Series D+ $1.7b

This Indian startup just closed a $1.2 billion Series E round, backed by Didi and Grab

Indian hotel platform Oyo closed its Series E at $1.2 billion, with SoftBank leading, Didi Chuxing putting in $100 million and Grab just over US$100 million, valuing the company at $5 billion.

SmartCompany Mon 18 Feb 2019 Oyo Didi Grab SoftBank Ritesh Agarwal

Ritesh Agarwal

Roles

Coverage

Oyo owned Belvilla acquires short-term rental platform MadeComfy

This Indian startup just closed a $1.2 billion Series E round, backed by Didi and Grab