On Wednesday, the 9th of March, it was reported that Ritesh Agarwal’s father, Jay Agarwal, died after falling from the 20th floor of a hotel in New Delhi. Ritesh Agarwal is the founder and CEO of Oyo Rooms, a hospitality company that has grown rapidly in the past few years.
According to reports, Jay Agarwal had checked into the hotel on Tuesday and was staying in room 1965 on the 20th floor. The incident took place on Wednesday morning when he fell from his room and sustained serious injuries. He was rushed to the hospital immediately but succumbed to his injuries and passed away.
The police were informed about the incident and an investigation has been launched to determine the cause of the fall. The police have not yet released any information on the matter, but sources say that there is no suspicion of foul play at this time.
Ritesh Agarwal, who is currently in the United States, has expressed his grief and shock at the news of his father’s passing. In a statement released on Twitter, he said, “Words cannot describe how deeply saddened we are by the loss of my father. He was a guiding light for all of us and his presence will be sorely missed.”
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Oyo Rooms, which was founded by Ritesh Agarwal in 2013, has become one of the fastest-growing hospitality companies in the world. The company has raised more than $3 billion in funding and operates in over 80 countries. Ritesh Agarwal, who was just 19 years old when he founded the company, has been hailed as a young entrepreneur with a vision for the future.
The news of Jay Agarwal’s death has shocked many in the business community, and messages of condolences have been pouring in from around the world. The Oyo team has also released a statement expressing their condolences and support for Ritesh and his family.
