Last week, Inc42 hosted OYO’s CEO and founder Ritesh Agarwal in its ‘Ask Me Anything’ webinar to talk about the new playbook for hospitality in the new world post-Covid-19. He also added that the hotel and hospitality firm has decided to focus on core businesses, along with fixing the challenges for customers and hoteliers. Agarwal also admitted that OYO’s scale last year posed many issues, and the company intends to address the new challenges that have come up due to this scale.
“I’m truly focussed on making sure that we make improvements on each of those challenges, and those challenges do exist but nothing takes away from the fact that 99% consumers also use those experiences and appreciate it. But there is also a percentage — 0.5% of 10s of millions of customers, which is a lot of customers — [who are not happy] and we want to make sure that we make amends and improvements there,” said Agarwal.
Agarwal also touched upon OYO’s rollercoaster journey, internal policies for hotel partners and last year’s mass layoffs.
Previously, Inc42 has hosted venture capitalists (VCs) like Siddharth Pai, founding partner at 3one4 Capital and GV Ravishankar, managing director at Sequoia India and other imminent names like POSist’s Ashish Tulsian, Dunzo’s Kabeer Biswas and Zoho’s Sridhar Vembu in its ‘Ask Me Anything’ series to discuss the new opportunities and resets in the Indian startup ecosystem.
As we step into a new week, here’s a list of upcoming events:
TiE Delhi Webinar
Funding Opportunities In The Times Of Covid-19
With the Covid-19 pandemic and reduced cash flow, even the pockets of venture capitalists and angel investors have been tightening. To walk the early and growth startups through this capital crunch, TiE Delhi is hosting a webinar highlighting the funding opportunities in the times of Covid-19. The platform will be hosting several eminent names from the Indian startup ecosystem.
Who Should Attend: Entrepreneurs, Budding Startups
Date: June 12, 2020
Time: 5:30 PM
Venue: Virtual Event
TiE Mumbai & Peachtree Webinar
Surviving & Thriving In A Post-Covid Economy
TiE Mumbai in collaboration with Peachtree Management Advisors is hosting a webinar on ‘Surviving & Thriving in a Post-Covid Economy’. The webinar will exclusively focus on startups, family businesses, entrepreneurs and investors. The panel will include finadvisor LLP’s founders and partners Aloke Ghosh and Francis Vidhayathil, Peachtree Management Advisors’ founder and Artha Venture’s partner Vinod Keni and Peachtree Management’s Mani Padmanabhan.
- Revenue Opportunities
- Partnerships & Alliances
- Rebuilding Operations
- Organisational Building – People & Process
- Funding & Capital
- Financial & Cash Flow Management
Who Should Attend: Entrepreneurs, Budding Startups, Family Business
Date: June 10, 2020
Time: 3 PM to 4 PM
Venue: Virtual Event