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

09 May 2022

​Ritesh Agarwal, the founder and group CEO of travel and hospitality technology platform OYO, stated on Monday that valuations are transient and values are eternal, adding that startup entrepreneurs must focus on doing good and being grounded. In a tweet, he said it is "amazing" that India has reached the milestone of 100 unicorns ""It's not just a landmark; it's a stepping stone that paves the way for the next 1,000 unicorns." Agarwal stated, retweeting his video message from Startup India, "I believe that Indian entrepreneurs will take the globe by storm. Founders should keep in mind that while valuations are ephemeral, values last a lifetime. Keep your focus on doing good and being grounded."