Ritesh Agarwal (OYO Founder) Age, Wife, Family, Oyo Rooms, Career, Girls, Affairs, Net Worth, Wiki, Biography and Life Journey & More

Ritesh Agarwal was born on 16th November 1993 in a small town Bisam in Cuttack Orissa. He completed his schooling and also spent his younger days in his birthplace only. He went to Sacred Heart School in Rayagada. Following the completion of schooling, he moved to the Indian School of Business and Finance in New Delhi. Ritesh Agarwal is one of the most famous and accomplished young Indian entrepreneurs. He is the co-founder and CEO of OYO Rooms, which is a highly valued startup in India. OYO Rooms currently is operated in many countries and all credit for its growth goes to Ritesh Agarwal and his splendid team. He is the inspiration behind many young startup founders and he has shown with his example that no matter what age you are, you can start your own company and continue to pursue your passion. Let’s read about his life journey, his struggles and his achievements in the biography of Ritesh Agarwal.

Ritesh Agarwal is the founder of OYO Rooms. He is a young and talented Indian entrepreneur. OYO Rooms is a well-known organization that provides rooms in the budget for travelers, family members and young couples who are looking for rooms. At such a young age he has been awarded numerous recognitions. He is from a middle-class Marwari family who did not have an excellent financial condition. Before becoming a millionaire, Ritesh was supported by his family and only because of their support he has become what he is today. The family members of Ritesh Agarwal always supported him with all the decisions he made in his life. He dropped out of college; instead, he commenced his own company in the field in which he was much interested.

Thus in 2013, he changed the name to ‘Oravel‘ to OYO Rooms in which he offers low-cost, comfortable rooms. In 2011 Ritesh Agarwal ‘s net worth from Oreg was 60000 rupees from one hotel in Gurgaon. For the financial support which his company needed he head towards the 20 under 20 their Fellowship. In 2019 Ritesh Agarwal Start expands of OYO Rooms India to All Over World. And Today Ritesh Agarwal Net worth is 2600 Crores. His Earing is More than One State Economy.

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.

Short Biography

Real Name – Ritesh Agarwal
Profession – Entrepreneur
Category – Entrepreneur
Nationality – Indian
Alma Mater – Sacred Heart School in Rayagada, Orissa,
Indian School of Business and Finance in Delhi
Occupation – Founder of OYO Rooms
Net Worth – $500 million
Birthday – 16th November 1993
Birth Place – Cuttack(Bhisam), Raygada, Orissa
Age – 26(the Year 2020)
Spouse – No

Physical Stats & More

Height (approx.)

in centimeters- 175 cm
in meters- 1.75 m
in feet inches- 5’ 9”

Weight (approx.)

in Kilograms- 70 kg
in Pounds- 154 lbs

Body Measurements

– Chest: 38 Inches
– Waist: 30 Inches
– Biceps: 11 Inches

Eye Colour – Black
Hair Colour – Black

Personal Life

Date of Birth – 16 November 1993
Age (as in 2018) – 25 Years
Birthplace – Raygada, Odisha, India
Zodiac sign – Scorpio
Nationality – Indian
Hometown – Cuttack, Odisha, India

School – Not Known
College/University – Indian School of Business and Finance, Delhi
Educational Qualification – College Dropout
Family Father- Not Known
Mother- Not Known
Brother- Not Known
Sister- Not Known
Religion – Hinduism
Hobbies – Cycling

Girls, Affairs and More

Marital Status – Unmarried
Affairs/Girlfriends – Not Known
Wife/Spouse – N/A

Money Factor

Net Worth – As in March 2017, OYO Rooms’ net worth is nearly $500 Million.

Career Journey and Company Description

Oravel Stay – Ritesh Agarwal started his first venture in 2012
OYO Rooms – In 2013 he relaunched Oravel Stay as “OYO Rooms”.

Awards and Honors

1. TiE-Lumis Entrepreneurial Excellence Award (2014)
2. TiE Lumis Entrepreneurial Excellence Award
3. 20 Under 20’ Thiel Fellowship (2013), Thiel Fellowship
4. Top 50 Entrepreneurs(2013), TATA First Dot Awards
5. Finalist of Global Student Entrepreneurship Awards
6. Global Student Entrepreneur Awards
7. 8 Hottest Teenage Start-Up Founders(2013), Business Insider

Controversies

1. In September 2019, Bengaluru Police booked Ritesh and two of his representatives for cheating and criminal breach of trust following a businessman’s complaint. In his complaint, Natarajan V R S, an ex-serviceman, stated that he runs the Rajguru Shelter Hotels in BEML Layout in Whitefield. He entered into an agreement with Ritesh Agarwal on June 2017, where Oyo would give them reservations and take 20% of the share and give him 80%, but Agarwal and his representatives had taken 80% of the share instead of 20%. He accused Ritesh and his representatives of cheating him of more than Rs. 1 Crore. The Whitefield Police booked Ritesh and his representatives under IPC Section 406 (criminal breach of trust) and 420 (cheating).
2. He had some harsh time with his co-founders and employees at Oravel. Some even say that Ritesh is an outright liar and that he cannot code. Kunal Pandya of NCrypted Technologies (a Gujarat-based technology firm) said that he had licensed his vacation rental portal ‘BistroStays’ to Ritesh in return for some shares, something which never happened.

Interesting facts about Ritesh Agarwal

1. He received the business world young entrepreneur award in the year 2015.
2. He is constantly ranked in the top 10 Indian entrepreneurs in various lists.
3. Ritesh Agarwal Oyo Rooms founder is the first Indian resident to win the Thiel Fellowship which is a coveted scholarship award.
4. He was named in the Forbes list of 30 under 30 in the consumer tech sector which in itself is such a great venture.

Ritesh Agarwal Love Affairs

In various interviews, he has clearly stated that he has no girlfriends because of his ultra-busy schedule but maybe there is a Ritesh Agarwal girlfriend which he doesn’t want to talk about. Considering his current age and status, we can safely assume that Ritesh Agarwal’s marriage is not happening anytime soon. But we do hope that may he get a wife that suits his personality and they both have a happy life together.

Some Lesser Known Facts About Ritesh Agarwal

1. Ritesh used to sell SIM cards when he was just 13.
2. In 2013, he was nominated for ‘Thiel Fellowship,’ a 2-year program initiated by PayPal founder Peter Theil. Students are trained by some of the revolutionary entrepreneurs like Mark Zuckerberg, Elon Musk, etc. He was also paid a fellowship of $100,00 during that period. He was the first Asian to have received Thiel fellowship.
3. Though he had enrolled himself for the University of London’s International Programme provided by the Indian School of Business and Finance, he never really felt connected to the course and rather attended a number of entrepreneurship events.
4. Ritesh, at 17, when most of the children don’t even know what to do, dropped out of the college to pursue his dream of becoming an entrepreneur.
5. Then came ‘OYO Rooms’ in existence in January 2013. It’s an Indian hotel brand that owns, operates and aggregates standardized hotel rooms. The firm operates in Malaysia as well in Nepal.
6. Started in just one city of India, his firm, as of April 2017, has around 70,000 rooms in 7,000 hotels across 200 towns of India.

Social Media Websites

Facebook – https://www.facebook.com/riteshagarwaloyo/
Instagram – https://www.instagram.com/riteshagar/
Twitter – https://twitter.com/riteshagar
Wikipedia– https://en.wikipedia.org/wiki/Ritesh_Agarwal
Wikipedia – https://en.wikipedia.org/wiki/Oyo_Rooms
Website – https://www.oyorooms.com/
WikiAndBio – https://wikiandbio.com/ritesh-agarwal/

Ritesh Agarwal Age, Net worth, House, Affairs, Height, Weight, Girlfriend,Wife,wiki,news,family, Biography & More [Updated-2024]