GES 2017 :OYO Rooms Founder Ritesh Agarwal :"India has lot of opportunities"

Hyderabad Nov 30: The Global Entrepreneurship Summit Day 3 has begun and various discussions are expected to take place at the summit and various speakers would join the discussion.

A special panel discussion has taken place on
'E-Commerce as a Critical Tool in Scaling Entrepreneurship',the session is moderated by Radhika Aggarwal, ShopClues.com, Co-Founder & Chief Business Officer, Ankiti Uday Bose, Zilingo, Co-Founder & CEO ,Ashish Hemrajani, Bigtree Entertainment, Founder & CEO ,Ritesh Agarwal, Oyo Rooms, Founder & CEO took part in the discussion.

Speaking at the summit OYO Founder Ritesh Agarwal has said that "when we have started OYO 3 years back India was the best hospitality markets in the world.But it was sad that the economy of mid-scale economy was bad and there was an opportunity that existed and we utilized it"

Later he said that "Investment and growth are two different are two different things and Investment in capabalities even it is not profitable is ok because The capabilities would monetize in significant volumes which brings profit ".