India's most valuable budget hospitality startup OYO's Founder and CEO Ritesh Agarwal, speaking with The Financial Express, revealed that the startup's revenue grew 4.4 times year-over-year in June 2019. "The losses as a percentage of NRV (net realised value) have been on a steady and significant declining curve," he added. OYO is yet to officially file its FY19 financial results.