Business and Economy Current Affairs OYO founder Ritesh Agarwal to buy back shares from early investors for USD 2 billion As per sources in the know of the matter, after the entire process is completed, Agarwal's stake in the company will rise from the current 9-10 percent to around 30 percent. Points to Note Ritesh Agarwal, founder & CEO of OYO Hotels & Homes has engaged a deal to buy back shares worth $2 billion of nearly Rs 13,770 crore from early investors through his Cayman Islands-registered entity, RA Hospitality Holdings. Agarwal will buy back a part of the stakes of early investors Lightspeed Venture Partners and Sequoia India through RA Hospitality Holdings through this agreement. - Study24x7
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Business and Economy Current Affairs
OYO founder Ritesh Agarwal to buy back shares from early investors for USD 2 billion As per sources in the know of the matter, after the entire process is completed, Agarwal's stake in the company will rise from the current 9-10 percent to...

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