CTRL + SPACE for auto-complete. In 2011 Ritesh Agarwal ‘s net worth from Oreg was 60000 rupees from one hotel in Gurgaon. Check this page to read his biography- age, wife, education, career, family & much more! At the age of 13, he started selling SIM cards. Oyo rooms founder and CEO Ritesh Agarwal success story how he started oyo rooms and become India's younger entrepreneur with a company value of 35000 core. Ritesh Agarwal is an Indian entrepreneur who founded OYO hotels. He Inspires to people by His Motivational Quotes. All through his journeys, he experienced many issues in relation to the accommodation. He gathered his love for travel along with his obsession with technology into making something useful. Sometimes in less budget, he found much better accommodations. So, Below I... © 2018 | Make Digital Indian | All Right Reserved. He started his journey to success by launching “Oravel Stays”, which was helpful for people to locate and book affordable hotels near them. 5 Best Books recommended by Entrepreneurs that can be Fruitful for you, Start Small and go Big: Low-Investment Business Ideas 2020, How Trekking Can Trigger an Entrepreneur in You. The story of Ritesh Agarwal is a true inspiration for every aspiring entrepreneur, who wishes to make their mark in the business fraternity. Success Story Of Ritesh Agarwal - The Founder OF OYO Rooms A journey of Ritesh Agarwal’s a self-made youngest billionaire in India. Ritesh Agarwal story is spreading in the entire world, as how he managed to build oyo. It helped travellers to find hotels on their budget but it was not serving the exact purpose for which he started this. OYO rooms have now become one of the most successful start-ups in India as the country’s largest budget hotel chain. Recommended – Sandeep Maheshwari most popular Entrepreneur. He had a passion to become an entrepreneur and in order to pursue it, he enrolled himself into the Indian School of Business & Finance, Delhi. Ritesh Agarwal, the 25 year old gem was born to a humil and humble family in Cuttack. Ritesh Agarwal as OYO rooms owner The only question that might come into the mind of thousands of people is how a college dropout is able to make such a huge empire. Ritesh Agarwal grew up poor! Ritesh Agarwal says 2021 will be the year of resurgence after a year of resilience. A teenage boy who is not only a millionaire but also the founder and CEO of OYO rooms, the fastest growing branded network of hotels both online and offline. With a current valuation of nearly 360Cr, OYO rooms does nothing out of the box but provides travellers the coolest yet cheapest efficient, young, standardized rooms with no add-ons attached to it! The OYO rooms story is not about the dream that Ritesh Agarwal had in his life. He also bagged the business world young entrepreneur award in 2015. Thus in 2013, he changed the name to ‘Oravel‘ to OYO Rooms in which he offers low-cost, comfortable rooms. The main work of OYO is not to own hotels but link up with specific hotels and acquire several rooms which can be provided to people who want to avail of the OYO services. Ritesh Agarwal was a tech freak and had a passion to travel around the world. Bio Profession Entrepreneur Physical Stats & More Height (approx.) His family owned a local shop in the district. He described himself as an “unusual kid” who did not have many friends. From being a dropout, to managing to establish himself and his firm globally, he became an inspiration for all. It offers about 50000 rooms in 500 hotels nationally. Required fields are marked *. It has spread itself over the globe with 23,000 hotels, 8, 50,000 rooms, and 46,000 vacation homes. Ritesh Agarwal was born on 16th November 1993 in a small town Bisam in Cuttack Orissa. When he was just seven years old, he started traveling to many places in India but was not much satisfied with his accommodation business. He is the first Indian resident to win the Thiel Fellowship. Ritesh Agarwal is a self-made man and is a well known successful entrepreneur. Talking about his inspirations to Economic Times, he says Bill Gates and Bhavish Aggarwal are the two names featured in his list. The name of the book was ‘Indian engineering Colleges: a complete Encyclopedia of Top 100 engineering Colleges’. Ritesh Agarwal Success Story From an ordinary boy to a multi-millionaire, here’s to how Ritesh Agrawal made it to the top 50 entrepreneurs in India in 2013. Later, he enrolled into the Indian School of Business and Finance in Delhi. With the help of amount received Ritesh Agarwal gave OYO rooms a much superior standard. Save my name, email, and website in this browser for the next time I comment. Below we come up for you with the biography of Ritesh Agarwal in which we will touch upon the several stages of his personal life and the ways through which he reached the Top 50 entrepreneurs of a year in 2013. During his travels, the issue with budget hotels was discovered. Ritesh was very fond of moving to a new place and have been too many places worldwide. He completed his schooling and also spent his younger days in his birthplace only. His Earing is More than One State Economy. Following this, the Venture Company also helped Ritesh financially. Ritesh Agarwal did his schooling from Sacred Heart School, Rayagada Orissa. Ritesh Agarwal Background: Ritesh hails from a small district Bissam Cuttack in Odisha. His net worth is US$1.1 billion (February 2020). Started coding at the age of 8, “Ritesh Agarwal” has a unique story about how he becomes one of the youngest entrepreneurs in India and how an idea changed his life. 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