Nikhil Kamath, in conversation with the founders of leading business sectors on the podcast, as they discussed business change after COVID 19
Explaining the impact of COVID on the OYO sector, founder Ritesh Agarwal said, "During the onset of the COVID-19 pandemic, OYO faced significant challenges as it grappled with consolidating its operations. Despite experiencing a drastic overnight reduction of approximately 65% in its business, OYO managed to sustain itself partly through utilizing its margins and partly through external funding. Amidst the pandemic, virtually all industries witnessed an unprecedented surge in demand.