Oyo Founder Ritesh Agarwal's Father Dies After Fall From 20th Floor

By Abhi Singh www.balakvalue.in Image Credit: Google

Ritesh Agarwal, founder of Oyo Rooms, suffered a personal tragedy when his father died after falling from the 20th floor of a hotel in Delhi.

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The incident occurred on March 6th, 2023 at the Shangri-La Hotel in Connaught Place.

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The deceased, Devendra Agarwal, was a businessman and a shareholder in Ritesh Agarwal's OYO.

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Ritesh Agarwal was reportedly present at the hotel when the incident occurred.

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The police are investigating the incident and have not yet determined if it was accidental or intentional.

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Oyo has released a statement expressing their condolences and support for Ritesh and his family.

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The news of the tragedy shocked the business community and OYO investors.

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