We all know the Name Ritesh Agarwal, owner of OYO Rooms. He is the youngest co-founder and CEO of the world-famous hotel booking site OYO Rooms. OYO Rooms is the brand to book a hotel room. Currently, OYO Rooms running his wealth nearly 360 crore. It provides travelers the best, cheapest, coolest and comfortable service to travelers.
The journey of Ritesh Agarwal:
Ritesh Agarwal was born in Cuttack. When he was 13 years old he started to sell Sim cards. He belonged to a business family. He joined Kota in the year 2009 to join IIT. In the year of 2013, he was got selected for the Peter Thiel Fellowship. He loved to coding and brought some programming books from his elder brother. He wrote some books and the famous one is ‘ Indian Engineering Colleges: A complete encyclopedia for the top 100 Engineering colleges. This book sold out at the huge amount in Flipkart. At the age of 16, he got selection among the 240 children for a camp of Tata Institute of Fundamental Research.
At the year of 2011, he had been moved to Delhi and he was preparing for SAT and he also moved to the US for further studies. Later he dropped his college and he saves his pocket money and started his business for OYO Rooms. But he was disappointed for SAT. Then he started reading about startups, business, entrepreneurship, etc. In early life, he was an investor of Facebook. He was also the founder of PayPal. Ritesh grants his capital up to $100,000 for his business growth. He became the owner of the Theil Fellowship program. Ritesh Agarwal started his startup on the journey when he was 17 years old.
In his early life he made a portal for business popularity and for booking hotels. Indian hotel brand ‘OYO Rooms’ now also operating in the whole world like Malaysia and Nepal also. He started his business with the capital of 30 lakhs. In the year of 2014 The hotel brand ‘OYO Rooms’ earned his capital up to Rupees 14 Cr. OYO Rooms has 72,000 rooms with 8000 hotels in the whole of India. It reaches approximately 300 towns in the country. Ritesh Agarwal is the youngest co-founder of the company ‘OYO Rooms’.
Ritesh Agarwal is a young living legend in our country. At the age of 24, he receives all the success in his life. He is the inspiration to all the young generation people.