OYO Hotels & Homes Announces the appointment of Betsy Atkins as an Independent Director

OYO Hotels & Homes Announces the appointment of Betsy Atkins as an Independent Director

In our mission to build successful businesses across the globe with top-notch leadership, we are delighted to welcome Betsy Atkins; CEO and founder of Baja Corporation to the OYO family as an independent director on the company’s board of directors. Betsy will join the board that has industry experts like Mark Schwartz, Vice Chairman of Goldman Sachs and chairman of Goldman Sachs Asia Pacific, Munish Varma, Managing Partner, SoftBank Vision Fund, Bejul Somaia, Partner, Lightspeed India Partners Advisors, and Mohit Bhatnagar, Managing Director, Sequoia Capital India Advisor, making it a powerful, diverse, and truly global combination.

Betsy who takes up the role as an independent member of the Board will be playing a supervisory role and guiding the Founder and the management on key business decisions. She will be adding value to the board through her strong experience on several aspects of the business, which include, corporate governance, driving tech-enabled efficiencies in business operations as well as ensuring strong business economics. Betsy will also play a prominent role in building a culture that promotes and nurtures ‘diversity and inclusion’, an area that she has been passionate about. 

At Baja Corporation, Betsy built 3 early-stage funds and made early seed investments in consumer and enterprise software companies. Before Baja Corporation, she co-founded enterprise software companies in multiple industries including energy, healthcare and networking. An expert at scaling companies through the hyper-growth stage and leading them to successful access to the public markets and acquisitions, Betsy is a great addition to our company, as we move towards our next phase of growth. She is currently the Chairman of the board at a private company, GlobalLogic and serves as Board Member at Wynn Resorts, SL Green Realty and Volvo. We are happy to have Betsy join the OYO fraternity and privileged to have the opportunity in partnering with individuals like her who bring their extraordinary talents to our team.

 

Ritesh Agarwal, Founder and Group CEO, OYO Hotels & Homes, “We are delighted to welcome Betsy to OYO’s board of directors, Betsy brings tremendous operating and governance experience that will help us continue delivering on our mission to help the billions of middle-income people around the world gain access to quality accommodations at different price points. As we continue to grow and to deepen our relationships with asset owners and consumers around the world, we are fortunate to have someone of Betsy’s calibre on our board of directors.”

 

‘’OYO, with its unique asset-light business model and strong data capabilities, is creating something entirely new for the more than 3 billion middle-income travellers and city dwellers who need accommodations that meet their standards and also their budgets,” Atkins said. “I look forward to working with Ritesh, the management team, and my fellow board members as OYO strives to become the world’s most beloved and preferred hotel brand.” 

 

Known worldwide as a new age young hospitality startup, we have attracted some of the world’s leading investors, including Airbnb Inc., SoftBank Vision Fund, Sequoia Capital, Lightspeed, and Hero Enterprise. Ritesh Agarwal, now 26, founded OYO when he was only 19 years old and has been lauded with several honours since starting his Company, including the Forbes 30 under 30 in Consumer Tech, Fortune 40 under 40 and the Businessworld Young Entrepreneur Award, and is the first resident Asian to be accepted to the Thiel Fellowship.  

Meet the author / Aatif Hashmi