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The Rapid Growth Of OYO Into India’s Biggest Hospitality Chain

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Rapid Growth Of OYO,OYO India Biggest Hospitality Chain,Startup Stories,Latest Business News 2019,India's OYO,famous Indian hotel chain,OYO Founder Ritesh Agarwal,OYO Growth Story

OYO, the famous Indian hotel chain, entered the US market in June 2019 and in just four months, was able to acquire 100 hotels under its management.  It also stated it adds one hotel a day to its chain and plans to invest $ 300 million in the US market. The Company, in a short period of time, was able to expand to over 60 cities in the US, including Las Vegas, Houston, Seattle and Miami.  It also opened a 35,000 square foot casino called OYO Hotel and Casino. 

The Gurgaon based startup has been rapidly growing since its inception in 2012.  Founded by Ritesh Agarwal, the startup was initially called Oravels Stays, which enabled listing and booking of budget accomodations.  After extensive research, Ritesh Agarwal decided to change the name of the company to OYO a year later. The startup also secured a funding of $ 100,000 from PayPal co founder Peter Thiel, just after being launched.  OYO has successfully raised $ 1.5 million from global investors ever since. 

Within a span of 7 years, the Company has grown globally, with its presence felt in 500 cities across 10 countries.  It has over 17,000 employees globally. Today, the Company has over 173,000 rooms under its management and is considered to be India’s largest hotel chain.  OYO has also become the world’s third largest hospitality chain. 

The Company’s growth can be clearly seen from its 2018 annual report.  OYO reported the Company saw a three fold growth and earned a revenue of Rs. 416 crores from its operations in India.

With the Company growing so rapidly in such a short period of time, its founder, Ritesh Agarwal, aims to make OYO the largest hotel chain in the world by 2023. 

 

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Larry Page: The Visionary Co-Founder Behind Google’s Global Success

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Larry Page

Larry Page is a visionary technology entrepreneur and co-founder of Google, one of the world’s most influential companies. Born in 1973 in Michigan, Page grew up surrounded by computer technology, which inspired his passion for innovation from an early age. He studied computer engineering at the University of Michigan and later pursued his PhD at Stanford University, where he developed the revolutionary PageRank algorithm with Sergey Brin. This technology fundamentally changed the way search engines rank websites, making Google the most accurate and popular search engine globally.

The journey of Larry Page and Google began in 1998 when they officially launched the search engine from a small garage. Leveraging their unique algorithm, Google quickly surpassed competitors due to its ability to deliver highly relevant search results, transforming internet search forever. Under Larry Page’s leadership as CEO, Google expanded beyond search to launch groundbreaking products including YouTube, Gmail, and Google Maps, turning it into a global tech powerhouse that shapes how we access and interact with information online.

Larry Page later became the CEO of Google’s parent company, Alphabet Inc., driving innovation and investment in next-generation technologies such as artificial intelligence, autonomous vehicles, and healthcare solutions. His visionary leadership and commitment to technological advancement have cemented his legacy as one of the most influential figures in the tech industry. Today, Larry Page remains a key influencer in shaping the future of technology and digital innovation worldwide.

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India’s Tech Story: Airtel Spreads AI Access, Ohm Mobility Lessons

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Airtel AI

Bharti Airtel has launched the innovative “Airtel-Perplexity Blueprint,” partnering with Perplexity to provide over 360 million customers free access to Perplexity Pro for a year—a benefit valued at ₹17,000 ($200). This collaboration enables Airtel users across mobile, broadband, and digital TV to harness advanced capabilities in generative AI, including leading AI models like GPT 4.1, Claude, and Gemini, along with up to 300 Pro searches daily, image generation, document analysis, and personalized planning services. The move is seen as a milestone for telecom innovation and the democratization of AI in India, making powerful research and productivity tools accessible to a massive user base.

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The broader Indian startup ecosystem reflects both breakthrough innovation and hard-earned lessons, illustrated by the recent shutdown of Ohm Mobility, an EV financing startup. Despite multiple pivots and industry-leading investors, Ohm Mobility struggled to achieve a sustainable business model—a reminder of the challenges in market fit and adaptability. As AI adoption accelerates and startup realities evolve, industry leaders like Airtel and Perplexity are setting new standards, while others, like Ohm Mobility, offer valuable insights on resilience and the importance of business model flexibility in India’s dynamic tech landscape.

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Tesla Secures Mumbai Facility as Key Step in India Market Entry

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Tesla StartupStories

Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

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