OYO Rooms

Ritesh Agarwal
Ritesh Agarwal

Ritesh Agarwal was born into the world in Bissam Cuttack town of Odisha state, India and raised in Titilagarh. He is an Indian business visionary and the Founder and CEO of OYO Rooms. He is known as the world’s second most youthful billionaire in 2021. Be that as it may, Forbes or Business Insider have not recorded him as a Dollar Billionaire yet. Agarwal is likewise a beneficiary of the Business World Young Entrepreneur Award.

Ritesh comes from a family that used to run a little shop in Southern Orissa. At the age of 13, he start selling SIM cards. He moved on from St. Johns Senior Secondary School and moved to Delhi in 2011 for college. He exited school, and was chosen for the Thiel Fellowship in 2013. As of February 2020, he is simply the second most youthful self-made billionaire on the planet after Kylie Jenner. Agarwal start a budgut convenience entrance, Oravel Stays, for booking financial plan hotels. It was acknowledged into the accelerator program by Venture Nursery in September 2012, and later was one of the champs of the 2013 Thiel Fellowship program, getting an award of $100,000. The organization was launched as OYO Rooms in May 2013.

By September 2018, the organization brought $1 billion. Up in July 2019 it was accounted for that Agarwal bought $2 billion in shares in the organization, significantly increasing his stake. His total assets in 2020 was assessed to be roughly $1.1 billion (₹7253 crore) as per Hurun Rich List 2020. He is recorded in the Forbes 30 under 30 rundown list for Asia.

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