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Ritesh Agarwal is a renowned Indian entrepreneur and the founder and CEO of OYO Rooms (Oravel Stays Pvt. Ltd.), a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology. He started his entrepreneurial journey at a very young age, dropping out of college to pursue his business idea. In 2013, he received the prestigious Thiel Fellowship, which provided him with $100,000 to build his company. Starting with a single hotel in Gurgaon, he has scaled OYO into one of the world's leading hotel chains, operating in over 80 countries. Known for his sharp business acumen and resilience, he became one of the world's youngest self-made billionaires. He is also a prominent investor and a judge on the popular business reality show, Shark Tank India, where he mentors and invests in budding startups.
Ritesh Agarwal's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
In 2013, he became the first resident Asian to be accepted into the Thiel Fellowship, receiving a $100,000 grant to build his startup, which was a pivotal moment in OYO's early days.
Recognized in the Forbes 30 Under 30 list for Asia, a testament to his impact and success as a young entrepreneur in the consumer technology space.
Successfully scaled OYO Rooms from a single hotel in India to a global hospitality giant with a presence in over 80 countries and 800 cities, revolutionizing the budget hotel industry.
Achieved the status of being one of India's youngest self-made billionaires, as noted in the Hurun Global Rich List 2020.
Joined the panel of "Sharks" on the popular television show Shark Tank India, solidifying his role as a key figure and investor in the Indian startup ecosystem.
St. Johns Senior Secondery School - Year 2010
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OYO, also known as OYO Hotels & Homes, is a global hospitality technology platform that empowers entrepreneurs of small hotels and homes with a full-stack tech suite to enhance their revenue and simplify operations. For consumers, OYO provides an easy-to-use platform to book affordable, reliable, and standardized accommodation. It operates across various segments, including budget hotels, premium stays, and vacation homes, aiming to offer a consistent quality experience for travelers worldwide.
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