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Is Oyo Rooms the Startup Nothing But A Ponzi Scheme? A Statistical Analysis [UPDATED]

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Update 1: Ritesh Agarwal, Founder - OYO Rooms, has challenged the article in a recent email clarifying the company's position. You can read his response along with few interesting questions that remain unanswered here. Last week, SoftBank released its quarterly report that contained an update summarizing the state of Oyo Rooms, the Indian startup in which it had famously invested...

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