Search results
People also ask
How did Ritesh Agarwal become a billionaire?
What is Ritesh Agarwal net worth?
How has Ritesh Agarwal impacted Oyo's success?
What challenges did Ritesh Agarwal face?
Jan 8, 2024 · Ritesh Agarwal, a college dropout, stands as the wealthiest self-made Indian under 40, boasting a net worth of $2 billion. His remarkable journey from a modest background to the forefront of the hospitality industry underscores his resolute determination and entrepreneurial drive.
- Bissam, Cuttack. Odisha
- Indian
- 16 November, 1993
The success journey of Ritesh Agarwal from a dropout to a billionaire is quite inspirational. Ritesh Agarwal, a 30-year-old billionaire from India, is the founder and CEO of the world's most affordable hotel chain, OYO.
Jun 28, 2023 · Ritesh Agarwal’s success story is an inspiration to entrepreneurs worldwide. From a small town in India to revolutionizing the global hospitality industry, Agarwal’s journey exemplifies the power of determination, innovation, and relentless pursuit of a vision.
- Birth and Early Life
- Professional Career
- College Story
- Picture of Kota
- At The Age of 19 Years
- Turning Point: Software Became His Love
- Writing A Book
- Formation of Oravel
- 30 Lakhs from Venture Nursery
- Oyo Rooms
- GeneratedCaptionsTabForHeroSec
The young entrepreneur’s birthday falls on 16th November. He was born in the year 1993 and brought up in a small town of Bisam in Cuttack, Odisha. He did his schooling from his native state.
At a very young age of 13 years, Ritesh took up his first project in which he traveled to various parts of the country just to analyze how Hotel system works. His parents wanted him to excel in studies but he had an aptitude which was better than the regular textbooks required. Traveling across the different parts of the world gave him a vast exper...
A college dropout who was studying Engineering, actually never studied beyond the school is now running the most valuable startup. To make his living, he even sold SIM cards because he was scared that if his parents came to know that he was not living in good conditions they would probably call him back to Odisha.
In Kota, Rajasthan where he was preparing for his IIT entrance exam nothing amused him more than the weekend trip where he could slip out to Delhi and meet people engaged in their own business and doing stuff in their own way.
Travelling excited the young entrepreneur and at the age of 19, he travelled for months and stayed for some time at budget hotels, even attended customer calls every day just to get the experience about the customers who visited the hotels and their expectations. He was actually doing the groundwork that helped him set up his own business.
He had a connection with computers and liked screwing around with them, finding opportunities to make mistakes so that he could learn new stuff. His keen interest in software and his hunger went on increasing and to quench his thirst he also borrowed programming books from his elder brother. Apart from some basic languages like Pascal which was tau...
The book that became a huge success on Flipkart and was sold in large numbers titled “Indian Engineering Colleges: A complete Encyclopaedia of top 100 engineering colleges” was actually written by this young entrepreneur.
In 2011, Ritesh made up his mind to shift to Delhi and start something on his own. He was also preparing for SAT to continue his studies in the United States but that never happened. An idea struck him about meeting the very basic needs of budget travelers. Therefore, he started capitalizing on the same opportunity to start his first venture in 201...
Within some time, he managed to get funding of rupees 30 lakhs from Venture Nursery, which actually brought together a group of story backed investors to boost startups. With funds in his pocket, he managed to present his new ideas at Thiel Fellowship, which was a global contest intended for students under the age of 20 years. He won monetary benef...
Oyo means on your own. Ritesh could feel and understand the plight of people who traveled to different places and just because of lack of budget they ended up staying at bad places or crappy places. He, therefore, created an online platform to get ideas and experiences of the social community about all the places they traveled on a single platform....
Learn about the life history and success story of Ritesh Agarwal, who dropped out of college to start OYO Rooms, a network of budget hotels in India and abroad. Discover how he traveled, learned, wrote a book, and won the Thiel Fellowship at a young age.
Ritesh Agarwal (born 16 November 1993) is an Indian billionaire entrepreneur [2] and the founder and CEO of OYO Rooms. [3] He has been a panelist on Shark Tank India (season 3) in 2024. [4] As of March 2024, Agarwal's net worth is estimated to be around ₹16,000 crore. [5]
Feb 10, 2024 · Discover the inspiring journey of Ritesh Agarwal, the young entrepreneur behind OYO, from dropout to billionaire. his struggles & successes.
Aug 3, 2023 · Ritesh Agarwal, a 25-year-old Indian dropout, became a billionaire as the founder and CEO of OYO, the world’s most affordable hotel chain. His journey started at 20, driven by a vision to provide affordable accommodation globally, leading him on a path to remarkable success.
