TOKYO --- The founder of Oyo Hotels and Homes, one of India's fastest-growing startups, is confident that the budget hotel chain can weather the COVID-19 crisis, citing a $1 billion war chest that will last "three years plus," Ritesh Agarwal said Thursday.
Speaking at an online conference hosted by DealStreetAsia, the 26-year-old entrepreneur and CEO referred to funds raised late last year from Japan's SoftBank Group that would keep the company going in the short term.
