Ritesh Agarwal – Biography, Wife, Family, Career & Success

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ritesh agarwal
ritesh agarwal

Ritesh Agarwal Is An Indian Entrepreneur And Businessman, Who Was Born On 16 November 1993 In Raigad, Orissa. He Is The Founder And Chief Executive Officer (CEO) Of OYO Rooms, An Online Hotel Business Company. Ritesh Agarwal Started OYO Hotel In The Year 2013, Which Is India’s Largest Hospitality Company And One Of The World’s Largest Hotel Companies.


Ritesh Agarwal

Name Ritesh Agarwal
Date Of Birth 16 November 1993
Birthplace Rayagada, Odisha, India
Age 30 Years
Profession Entrepreneur, Businessman
Parents Not Known
Marital Status Unmarried
Net-Worth $1.1 Billion (2022)
Famous As Owner Of OYO
Start Of OYO In 2013
Religion Hindu
Nationality Indian


Ritesh Agarwal’s Life

The Story Of OYO’s Owner Began On November 16, 1993, When Ritesh Agarwal Was Born In Bisam Cuttack, Raigad, Orissa. He Received His Early Education From The Dari Heart School. Ritesh Agarwal Came To Kota To Complete His Intermediate Studies. And At The Age Of 16, He Was Selected For The Asian Science Camp At The Tata Institute Of Fundamental Search.

Ritesh Agarwal Was Fond Of Becoming An Entrepreneur Since Childhood, He Did Not Even Know The Meaning Of Entrepreneur, But Later Ritesh Agarwal’s Hard Work And Passion Was What Has Made Him So Successful Today. Actually, Ritesh Agarwal Used To Attend Different Conferences In Delhi And Mumbai And According To His Budget, He Used To Stay In Hotels, But There Was Neither Cleanliness Nor Amenities In The Hotels There, If We Talk About Big Hotels, Then There Was An Expensive Charge. In View Of This, Ritesh Agarwal Started OYO Rooms.

Ritesh Agarwal Struggle & Success

Due To The Comforts And Expensive Charges In Different Hotels, Ritesh Agarwal Started His First Startup Oravel Stays In The Year 2012, Which Aimed To Provide Rooms At Low Prices. Ritesh Agarwal’s Knowledge In This Field Was Very Useful To Him And He Also Got Funding From Many Places For His Startup. Ritesh Agarwal’s Startup Was Providing Rooms At A Low Price, But Their Amenities Were Not Being Paid Attention To, Due To Which The Startup Was On The Verge Of Closure Due To The Flaws Of Oravel Stays, But Ritesh Agarwal Kept This In Mind That His Startup Should Be Arranged At A Lower Price This Time And Instead Of Oravel Stays With Amenities, OYO Room Was Named OYO Room. Started Again.

Now It Was Easier To Provide Rooms And Comforts To The People At A Lower Cost. And For This Reason Ritesh Agarwal Soon Got Success In His Startup. With This, Ritesh Agarwal Has Earned The Title Of India’s Youngest Entrepreneur And Billionaire By Starting OYO.


OYO Start

At The Age Of 19, Ritesh Agarwal Started India’s Largest Hospitality Company OYO And Today OYO Rooms Business Is Spread In More Than 74 Countries. It Includes Many Countries Such As Japan, China Indonesia, Malaysia, Nepal, The United Kingdom, And The Philippines. It Is The Result Of Ritesh Agarwal’s Passion And Hard Work, Oyo Hotels & Rooms Are One Of The Largest And Top Hotel Chain Companies In The World.

Ritesh Agarwal Achievements

  • (2013) First Resident Asian To Win ’20 Under 20′ Thiel Fellowship
  • (2013) Among Top 50 Entrepreneurs By Tata First Dot Awards
  • TIE-Loomis Entrepreneurial Excellence Award In (2014)
  • Finalists Of Global Student Entrepreneurship Awards-India
  • World’s Youngest CEO


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