Ritesh Agarwal is an Indian entrepreneur who is the founder and CEO of OYO Rooms, one of the largest hotel chains in India. He was born on November 26, 1993, in Kolkata, West Bengal, India. His father is a doctor and his mother is a homemaker.
Ritesh has two brothers. He graduated from St. Xavier’s College, Kolkata with a degree in Bachelors of Science in Mathematics and Physics. In 2013, he dropped out of college to pursue his entrepreneurial dreams.
In May 2013, Ritesh started Oravel Stays Pvt Ltd which later became OYO Rooms. It was India’s first branded network of hotels. The company initially focused on budget hotels but later expanded to include other categories such as luxury and business hotels as well.
Ritesh Agarwal is an Indian businessman and the founder of OYO Rooms, a chain of budget hotels. He was born on November 16, 1993, in Kolkata, India. His father is a chartered accountant and his mother is a homemaker.
He has two brothers. Ritesh did his schooling from Amity International School, Noida and went on to study at the Indian Institute of Technology (IIT) Kharagpur. After completing his studies, he worked for a short while with Gurgaon-based startup MakeMyTrip as a business analyst.
In 2013, Ritesh founded OYO Rooms with the aim of providing affordable accommodation to travelers. The company started out by aggregating rooms in budget hotels across India and later expanded to other countries such as China, Malaysia, Nepal, UAE, etc. Today, OYO Rooms is one of the largest hotel chains in the world with over 8500 hotels in more than 800 cities globally.
Ritesh Agarwal is married to Niti Agarwal who is also an entrepreneur. The couple has a son named Akshay who was born in 2019.
Youngest Billionaire of World| OYO Rooms | Ritesh Agarwal | Inspirational | Nas Daily
What is the Age of Oyo Owner?
OYO is a hospitality company that was founded in 2013 by Ritesh Agarwal. The company is headquartered in Gurugram, Haryana, India. As of 2019, OYO has over 23,000 hotels in 800 cities across 30 countries.
Ritesh Agarwal is the founder and current CEO of OYO. He was born on November 1, 1993, making him 26 years old as of 2019.
What is Ritesh Agarwal Age?
Ritesh Agarwal is the Founder and CEO of OYO Rooms, India’s largest hotel chain. He was born on 10th November 1993 in Kota, Rajasthan. Ritesh comes from a middle-class family.
His father is a government employee and his mother is a homemaker. Ritesh has two younger sisters. Ritesh completed his schooling from St Xavier’s Senior Secondary School, Kota.
In 2010, he appeared for his Class 12 board exams and scored 86%. He then enrolled himself into Indian Institute of Technology (IIT) Dhanbad to study engineering but he dropped out after one year as he was not passionate about it. In 2012, at the age of 18, Ritesh started his first venture – ‘Oravel Stays Pvt Ltd’ which later became ‘OYO Rooms’.
The company started off as a marketplace for budget accommodation but eventually turned into a hotel aggregator and chain. OYO now operates in more than 500 cities across India, China, Malaysia, Nepal, Britain and the Middle East. It has over 8500 hotels in its network with close to 1 lakh rooms.
How Old was Ritesh Agarwal When He Started Oyo?
Ritesh Agarwal, the Founder and CEO of OYO Rooms, was born on 16th November 1993 in Bilaspur, a small town in Chhattisgarh. He is a dropout of the Indian School of Business & Finance, New Delhi. He started his entrepreneurial journey at the age of 18 when he founded Oravel Stays Pvt.
Ltd., which eventually became OYO Rooms. In an interview with YourStory, Ritesh said that he had always wanted to do something on his own and be his own boss. When he was in Class 12th, he started reading about entrepreneurship and successful entrepreneurs like Steve Jobs and Bill Gates.
This further inspired him to become an entrepreneur himself one day. After completing his schooling, he took admission in ISBF but dropped out after just one semester to pursue his dream of starting up. He initially started Oravel as a marketplace for alternative stays but soon realised that there was more potential in the branded budget hotels segment.
Therefore, he pivoted his business model and launched OYO Rooms in 2013 with just 3 hotel partners and 3 employees. Today, OYO is present in over 800 cities across 24 countries with more than 1 million rooms listed on its platform.
Who is Oyo Owner?
OYO Rooms is an Indian hospitality chain of leased and franchised hotels, homes and living spaces. It was founded in 2013 by Ritesh Agarwal. As of March 2019, OYO had over 12,000 hotels and 125,000 rooms in more than 500 cities across India, Malaysia, Nepal, the Philippines and the United Arab Emirates.
Ritesh Agarwal Net Worth
Ritesh Agarwal is the founder and CEO of OYO Rooms, one of the world’s largest hospitality companies. As of 2020, Ritesh Agarwal’s net worth is $1.5 billion. Ritesh Agarwal was born in India in 1993.
He dropped out of college at age 18 to start OYO Rooms, which today is the world’s third-largest hotel chain. The company has over 8,500 hotels in 800 cities across 30 countries. In 2019, Agarwal was named by Time magazine as one of the 100 most influential people in the world.
Forbes also included him on their list of 30 Under 30 for his work in the consumer tech sector.
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Ritesh Agarwal is an Indian entrepreneur and the founder of OYO Rooms, a chain of budget hotels. He was born on 16 November 1993 in Bhubaneswar, Odisha. His father is a Chartered Accountant and his mother is a homemaker.
He has one sister. Ritesh did his schooling from Delhi Public School, R K Puram and completed his Bachelors in Business Administration (BBA) from the University of Technology, Sydney. He started out by setting up a website for budget hotels called Oravel Stays Pvt Ltd in 2013.
The company was later renamed as OYO Rooms. As of 2019, it is India’s largest hotel chain with over 8500 hotels across 230 cities in India and Nepal. In 2018, Forbes magazine included him in their ’30 Under 30′ list for consumer technology entrepreneurs.
In 2019, Agarwal married Devita Saraf, daughter of television manufacturer Zenith Infotech founder Vishal Saraf, in a lavish ceremony at Udaipur Palace Hotel & Convention Centre .