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Valuations are temporary, values are forever: OYO’s Ritesh Agarwal


Commenting on India crossing the 100 unicorns mark, in a submit on Twitter, Ritesh Agarwal stated it’s “not only a milestone however a stepping stone that lays the trail for the following 1,000 unicorns.”

PTI

Might 09, 2022 / 08:03 PM IST

Ritesh Agarwal_Founder & CEO_OYO

Ritesh Agarwal_Founder & CEO_OYO

Startup founders ought to do not forget that valuations are non permanent and values are eternally, they usually should deal with doing good and keep grounded, journey and hospitality expertise platform OYO’s Founder and Group CEO Ritesh Agarwal stated on Monday.

Commenting on India crossing the 100 unicorns mark, in a submit on Twitter, he stated it’s “not only a milestone however a stepping stone that lays the trail for the following 1,000 unicorns.”

Retweeting his video message posted by Startup India, Agarwal stated, “I’m bullish on Indian entrepreneurs taking the world by storm. Founders ought to do not forget that valuations are non permanent, values are eternally. Deal with doing good & keep grounded.”

Within the video message, he stated it looks as if India just isn’t strolling anymore when just one or two unicorns had been added a yr. Within the video message, he stated it looks as if India just isn’t strolling anymore when just one or two unicorns had been added a yr.

“We at the moment are sprinting in direction of glory to make India the most important entrepreneurial ecosystem on the earth,” he stated.

He listed out the presence of entrepreneurs and markets in Tier II, III and IV cities in India; digitisation of small and medium enterprises, and the help of the federal government led by Prime Minister Narendra Modi by creating the fitting ecosystem as key elements for the expansion of startups within the nation.

Agarwal stated there could be not simply 100 however 1,000 unicorns popping out of India sooner or later.

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