Wednesday, May 25, 2016

Calling us a Ponzi scheme is an insult to more than 2,200 of our employees, says OYO

“We have loyal partners who work with us side by side, strong investors and a business that’s growing with positive take rates – calling all this a ‘Ponzi scheme’ is just preposterous!” Founder and CEO Ritesh Agarwal hits back at Sumanth Raghavendra after he called the budge hotel aggregator a Ponzi scheme, through an internal...
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