Oyo's Ritesh Agarwal: Indian brands poised for US breakout, citing $525M Motel 6 deal

Speaking in New York, Oyo founder Ritesh Agarwal said Indian consumer brands will increasingly cross into the US market, pointing to Oyo's $525M acquisition of G6 Hospitality's Motel 6. Separately, PRISM secured SEBI approval for a Rs 6,650 crore confidential IPO.

— Filed Thu, 4 Jun, 2026, 16:22 IST · Source Financial Express · BrandWagon · Updated

Oyo founder Ritesh Agarwal, speaking in New York, said Indian consumer brands will increasingly expand into the US, citing Oyo's Motel 6 acquisition. PRISM has received SEBI approval for its Rs 6,650 crore IPO filed via confidential route.

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