Since the company is crossing gross billing of more than 1 crore per month it was all because of the idea to create India’s largest scene of standardizing, effective rooms where different services and expectations are met at fair prices like never before. In 2011, Ritesh made up his mind to shift to Delhi and start something on his own. Oyo, on Tuesday, said it's raising $1 billion from SoftBank Vision Fund, Sequoia Capital and other investors to fund expansion in countries including China, where Oyo opened in November Ritesh Agarwal, founder of OYO Rooms, was named the 'youngest self-made entrepreneur' in the recently released Barclays Hurun India Rich List 2018. Success Story Of OYO Rooms CEO Ritesh Agarwal The teenage boy – Ritesh Agarwal is the young Founder & CEO of OYO Rooms – fastest growing Branded network of hotels offline & online. These cookies will be stored in your browser only with your consent. Agarwal is also a recipient of the Business World Young Entrepreneur Award. In August, OYO bought the 657-room Hooters Casino Hotel in Nevada, which he has already rebranded as the OYO Hotel & Casino Las Vegas. We'll assume you're ok with this, but you can opt-out if you wish. Check out below for Ritesh Agarwal Wiki, Biography, Age, OYO Rooms, Family, … How a college drop out became the owner of such a big company. Check out Ritesh Agarwal Biography exclusively on Startup Stories. So he changed his name to OYO Rooms in the year 2013. Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a series F round of funding.During the COVID-19 pandemic, Agarwal ... Bitcoin owner whose story … Here we are going to discuss Success Story Of OYO Founder: Ritesh Agarwal and hope you get inspiration from his story so please read carefully the entire article.OYO. He was also preparing for SAT to continue his studies in the United States but that never happened. Required fields are marked *. His parents wanted him to excel in studies but he had an aptitude which was better than the regular textbooks required. He did his schooling from his native state. A college dropout who was studying Engineering, actually never studied beyond the school is now running the most valuable startup. He had to spend the night on the stairs of the same house for several days. Ritesh could feel and understand the plight of people who traveled to different places and just because of lack of budget they ended up staying at bad places or crappy places. The OYO rooms story is not about the dream that Ritesh Agarwal had in his life. Besides CEO Ritesh Agarwal, police have booked Head of Oyo South Rohit Srivastava, Head of business development Madhvendra Kumar and three finance officers. In 2013, he relaunched Oravel as Oyo rooms. Salman Khan Height, Age, Girlfriends, Family, Biography & More, Sidharth Malhotra Height, Weight, Age, Girlfriend, Family, Biography & More, Alia Bhatt Age, Height, Boyfriend, Family, Biography & More, Varun Dhawan, Height, Age, Girlfriend, Family, Facts & More, Shraddha Kapoor Age, Height, Boyfriend, Family, Biography & More, Shah Rukh Khan – A Detailed Biography by StarsUnfolded, Akshay Kumar Height, Age, Wife, Family, Children, Biography & More, Virat Kohli Height, Age, Wife, Girlfriend, Family, Biography & More, Kangana Ranaut Age, Height, Boyfriend, Family, Biography & More, Narendra Modi Age, Height, Wife, Family, Caste, Biography & More, Arnab Goswami Height, Age, Wife, Family, Children, Caste, Biography & More, Amitabh Bachchan Height, Age, Wife, Family, Caste, Biography & More, Hemangi Kavi Age, Height, Husband, Family, Biography & More, Follow us on our social media channels to stay connected. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The website was named ‘Oraval’.After running the website for a few days, Ritesh felt that people might not understand the website due to the name. Oyo claims to be the biggest chain of hotels in the world. 19-year-old Ritesh Aggarwal used to roam for months and stay in a budget hotel, so that he could know about all the things there. Travelling excited the young entrepreneur and at the age of 19, he travelled for months and stayed for some time at budget hotels, even attended customer calls every day just to get the experience about the customers who visited the hotels and their expectations.
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