The father of the OYO founder died after allegedly falling from the 20th floor of his house at a society in Gurgaon on Friday afternoon, said police. Police said they have initiated inquest proceedings under Section 174 of CrPC.

Police said around 1 pm, information was received from DLF Security that a person had fallen from 20th floor in DLF The Crest society in Sector 54 and the person was rushed to a private hospital for treatment.

"A team along with SHO sector 53 visited the place of occurrence. During inspection of the place, the person was identified as Ramesh Parsad Agarwal. Ramesh was brought dead to the hospital. After taking the statement of the son of the deceased, Aashish Agarwal, an inquest under Section 174 CrPC has been carried out. The post-mortem was conducted and the body was handed over to the family,” said a senior police officer.

In a statement, Ritesh Agarwal, Founder and Group CEO, OYO, said, “With a heavy heart, my family and I, would like to share that our guiding light and strength, my father, Shri Ramesh Agarwal passed away on March 10. He lived a full life and inspired me and so many of us, every single day. His death is a tremendous loss for our family. My father’s compassion and warmth saw us through our toughest times and carried us forward. His words will resonate deep in our hearts. We request everyone to respect our privacy in this time of grief.”

Earlier this week, Ritesh got married in a ceremony in Delhi. Softbank chief Masoyoshi Son, Paytm CEO Vijay Shekhar Sharma were among the corporate leaders who attended his wedding reception.