Oyo Rooms: ఓయో రూమ్స్‌పై బోట్ ఫౌండర్ షాకింగ్ కామెంట్స్... ఓయో సీఈఓ నుంచి స్ట్రాంగ్ కౌంటర్
Business
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News1822-01-2026, 11:57

BoAt Founder's OYO Dig Sparks Fiery Reply from Ritesh Agarwal on Shark Tank India

  • BoAt founder Aman Gupta made a controversial remark about OYO Rooms' budget pricing during a pitch on Shark Tank India Season 5.
  • OYO CEO Ritesh Agarwal quickly retorted, referencing BoAt's product pricing, leading to a heated exchange.
  • The founders of 'Early Morning Cartel,' Neel and Rishiraj Kanvarjani from Mumbai, sought Rs. 2 crore for 5% equity for their Omakase-style cafe.
  • Despite their initial clash, Aman Gupta and Ritesh Agarwal ultimately partnered to invest Rs. 2 crore for 12% equity in 'Early Morning Cartel'.
  • The cafe, located in Kandivali, Mumbai, impressed Sharks with its strong revenue and profit margins, recovering investment in 17 months.

Why It Matters: Aman Gupta and Ritesh Agarwal clashed over business models but ultimately partnered on Shark Tank India.

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