India: Hospitality startup Oyo's Ritesh Agarwal launches early-stage VC fund

India: Hospitality startup Oyo's Ritesh Agarwal launches early-stage VC fund

Ritesh Agarwal. Photographer: Samyukta Lakshmi/Bloomberg

Hospitality startup Oyo’s founder Ritesh Agarwal has floated an early-stage venture capital fund named Aroa Ventures, which will focus on investments in growth-stage startups in consumer, technology, and leisure infrastructure sectors.