Oyo Founder Ritesh Agarwal: Ritesh Agarwal is a young Indian entrepreneur and the founder of Oyo Rooms, a budget hotel chain that has disrupted the hospitality industry in India and beyond. With his innovative approach to business and a relentless drive to succeed, Agarwal has become one of the most inspiring business leaders of his generation.
Table: Oyo Founder Ritesh Agarwal
|Full Name||Ritesh Agarwal|
|Birthdate||November 16, 1993|
|Birthplace||Cuttack, Odisha, India|
|Education||Indian School of Business and Finance|
|Net Worth (2022)||$2.2 billion|
|Business||Founder and CEO of Oyo Rooms|
|Achievements||Forbes 30 Under 30, TIME 100 Next, Entrepreneur of the Year at the Economic Times Awards for Corporate Excellence|
|Marriage||Married to Geetansha Sood in March 2021|
|Investors||SoftBank, Sequoia Capital, Lightspeed Venture Partners|
|Hotels||Operating in over 80 countries with a portfolio of more than 23,000 hotels and 1 million rooms|
Oyo Founder Ritesh Agarwal:
Ritesh Agarwal is the founder and CEO of Oyo Rooms, a budget hotel chain that has revolutionized the hospitality industry in India and beyond. Born in 1993 in Cuttack, Odisha, Agarwal started his entrepreneurial journey at a young age and has since become one of the most successful young business leaders in the world. In this article, we will explore Agarwal’s life, his marriage to Geetansha Sood, and his journey as the founder of Oyo Rooms.
Ritesh Agarwal: Early Life and Education
Agarwal grew up in a middle-class family in Rayagada, Odisha. From an early age, he was fascinated by computers and started learning programming when he was just eight years old. He attended the Sacred Heart School in Rayagada and later moved to Kota, Rajasthan, to prepare for the Indian Institutes of Technology (IIT) entrance exam.
However, Agarwal did not succeed in his IIT entrance exam and instead enrolled in the Indian School of Business and Finance (ISBF) in Delhi. During his time at ISBF, he started a venture called Oravel Stays, which later became Oyo Rooms.
Ritesh Agarwal: Entrepreneurial Journey and Success
Agarwal started Oravel Stays in 2012 as a budget hotel aggregator, with the aim of providing travelers with affordable and comfortable accommodations. The venture was later rebranded as Oyo Rooms and received funding from several prominent investors, including SoftBank, Sequoia Capital, and Lightspeed Venture Partners.
Under Agarwal’s leadership, Oyo Rooms has grown rapidly and now operates in over 80 countries, with a portfolio of more than 23,000 hotels and 1 million rooms. The company has also diversified into other businesses, such as coworking spaces and vacation homes.
Ritesh Agarwal: Marriage to Geetansha Sood
Agarwal got married to Geetansha Sood in March 2021 in a private ceremony in Delhi. Sood is an MBA graduate from INSEAD and has previously worked with McKinsey & Company and Bain & Company. The couple met in 2018 and got engaged in 2020.
The wedding was attended by several prominent business leaders, including SoftBank CEO Masayoshi Son and Paytm founder Vijay Shekhar Sharma. The couple also took blessings from Son’s son, Taizo Son, who is the founder of Mistletoe, a venture capital firm that invests in startups.
Ritesh Agarwal: Net Worth and Business Success
According to Forbes, Agarwal’s net worth as of 2022 is $2.2 billion. He has been named in several prestigious lists, such as Forbes 30 Under 30 and TIME 100 Next. Agarwal has also been recognized for his contributions to the hospitality industry, receiving awards such as the Entrepreneur of the Year at the Economic Times Awards for Corporate Excellence.
Frequently Asked Questions (FAQs)
- What is Ritesh Agarwal’s age?
Ans: Ritesh Agarwal was born on November 16, 1993, which makes him 29 years old as of 2022.
- How did Ritesh Agarwal start Oyo Rooms?
Ans: Ritesh Agarwal started Oyo Rooms (originally named Oravel Stays) in 2012 as a budget hotel aggregator.
- Who is Geetansha Sood?
Ans: Geetansha Sood is the wife of Ritesh Agarwal. She is an MBA graduate.
We hope you have enjoyed our work, if you liked it Please help us reach more people like You. Share this article with your Friends using below buttons. Sharing is Caring 💗