IPO-bound hospitality firm OYO has welcomed on board former Apple executive Nirdosh Chouhan for the post of Senior Vice President of Engineering and former Swiggy Principal Data Scientist– Kranthi Mitra Adusumilli for the same role he was handling at Swiggy.
IM-Bangalore alumni, Chouhan has more than 18 years of industry experience. Apple, Oracle and Infosys are some of the companies he has previously worked with.
Kranthi Mitra Adusumilli will be overseeing OYO’s data science teams build machine learning algorithms to develop attractive individualized experiences. Adusumilli is an IIT Delhi alumni who had previously worked with Swiggy, Viki AI and Mu Sigma; having 2 decades of experience in data science and artificial intelligence.
OYO Chief Technology Officer Ankit Mathuria will be the reporting manager to both the new entrants in the company. “With our unique two-sided technology platform, we are focussed on comprehensively addressing key pain points of hotel and homeowners and customers…I am confident that with their deep expertise and diverse experiences from different industries and businesses, they will take OYO’s products and services to the next level,” Mathuria said.
Oyo Hotels and Homes (Oyo) had recently hired former State Bank of India (SBI) chairman, Rajnish Kumar as strategic group adviser. Kumar will be advising Oyo’s management on short-term and long-term strategy, regulatory and stakeholder engagement, and boosting the brand’s identity globally.
In October 2021, Oravel Stays Pvt Ltd under which the brand hospitality unicorn Oyo Hotels and Homes runs submitted the regulatory filings for ₹8,430 crore ($1.1 billion) initial public offering (IPO). The issue comprises primary capital raise of around ₹7,000 crore with offer-for-sale worth ₹1,430 crore.