Ritesh Agarwal, CEO of OYO, Joins the Shark Tank India Panel as a New Shark

Ritesh Agarwal, the visionary founder and CEO of the renowned hotel chain OYO, is set to make a splash on television as he joins the esteemed panel of sharks for the upcoming season of "Shark Tank India." This exciting development adds a new dimension to the already popular entrepreneurial reality TV show.

Taking to X (formerly known as Twitter), Agarwal shared his enthusiasm for this new venture, stating, "@sharktankindia made entrepreneurship a household conversation, and I am excited to be a small part of Season 3 and support more entrepreneurs emerging out of every corner of India." His involvement in the show is expected to bring a fresh perspective and valuable insights to the budding entrepreneurs seeking investments and guidance.

Ritesh Agarwal will be joining a distinguished group of sharks, including Peyush Bansal, the founder of Lenskart, Anupam Mittal from People Group, Namita Thapar representing Emcure, and Vineeta Singh of Sugar Cosmetics. This diverse and accomplished panel of investors will provide aspiring entrepreneurs with a unique opportunity to pitch their business ideas and secure potential investments.

This move comes at an interesting juncture for OYO and Ritesh Agarwal. He recently revealed that OYO is on track to achieve a significant milestone – reporting its maiden profitable quarter in the second quarter of the fiscal year 2024. This achievement reflects OYO's commitment to sustainable growth and financial stability, marking a pivotal moment in the company's journey.

"Shark Tank India" has become a platform that showcases the entrepreneurial spirit of the country, offering promising startups a chance to receive funding and mentorship from seasoned investors. With Ritesh Agarwal's participation, the show is poised to reach new heights and inspire a new wave of innovators and business leaders across India.

As the countdown to the new season begins, entrepreneurs and viewers alike can look forward to Ritesh Agarwal's valuable contributions to the show, as well as his insights into the world of startups and investments. This collaboration between OYO's visionary leader and "Shark Tank India" promises to be an exciting chapter in the ongoing saga of entrepreneurship in the country.



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