Ritesh Agarwal Headshot
Report a problem with this profile
[email protected]

Ritesh Agarwal          

Founder & CEO of OYO Rooms

Ritesh Agarwal is the Founder and CEO of OYO Rooms. At 22, Agarwal is one of the youngest people at his company. An Indian national, Agarwal skipped out on college as part of the Thiel Fellowship, a program funded by billionaire tech investor Peter Thiel to provide grants to a handful of teens pursuing business ideas. Agarwal, who used to help people in his small town of Rayagade design websites, founded his first company Oravel in 2012.

Billed to be the Airbnb of India, the company pivoted to OYO. In a country that lacks a steady supply of budget hotel chains, Oyo has developed a network of 4,200 small hotels in 152 cities across India booking a million nights a month. The company provides a means of booking affordable, standardized rooms for people traveling through the country. To date, the company has raised more than $125 million in funding including a $100 million in Aug. 2015 led by Alibaba investors Softbank.

News


30 Under 30 2016: Consumer Tech - Forbes

more. Reyad Allie, 26. Global Threat Analyst, Uber Technologies Inc. more. Ritesh Agarwal, 22. Founder & CEO, OYO Rooms. more. Javier Ag├╝era Reneses, 23.

Related Speakers View all


More like Ritesh