Ritesh Agarwal

Founder & Group CEO, OYO
India,India
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Who Is Ritesh Agarwal?

Total Experience24 years
CompanyOYO
CountryIndia

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.

How Did Ritesh Agarwal's Career Path Shape Their Journey?

Ritesh Agarwal's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

OYO - Founder & Group CEO(2013 to Present)
The Thiel Foundation - Fellow(2013 to Present)

What Are Ritesh Agarwal's Key Achievements?

Thiel Fellowship Recipient

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.

Forbes 30 Under 30

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.

Global Hospitality Magnate

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.

Youngest Indian Self-Made Billionaire

Achieved the status of being one of India's youngest self-made billionaires, as noted in the Hurun Global Rich List 2020.

Shark Tank India Investor

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.

What's Ritesh Agarwal's Educational Background?

High School Senior, English, Physics, Chemistry and Maths

St. Johns Senior Secondery School - Year 2010

Buying Intent Signals for Ritesh Agarwal

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
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Corporate Finance

Company Overview

OYO
Total employees5000
HeadquartersGurgaon
Founded2013

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.

OYO Funding Information
Unknown - Total Funding Raised
$7.5M - Most recent funding amount
27 - Number of funding rounds
1 Mar, 2024 - Latest funding round
Lead Investors:
SoftBank Vision Fund
Sequoia Capital
Lightspeed Venture Partners
Airbnb
Microsoft
Hindustan Media Ventures

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