Ritesh Agarwal Success Story of CEO & Founder of OYO
From a college dropout to becoming a billionaire, the success story of Ritesh Agarwal is nothing short of inspirational. Today OYO is a recognized brand, offering the world’s most affordable hotel chains, with over 1 million rooms and 43,000 properties across 80 countries in about 800 cities. It was estimated that in 2019, OYO had approximately 8000 Indian and South Asian employees and over 17000 employees globally. OYO, or Oyo Hotels & Homes, is a multinational hospitality chain of franchised and leased hotels, homes, and living spaces. Ritesh Agarwal founded OYO in 2012. The visionary OYO Founder , initially named this venture Oravel Stays. Oravel Stays received a USD 100000 grant from the Theil Fellowship, a two-year program from Peter Theil. With a strong start, OYO went on to become one of the most successful startups and inspired millions of entrepreneurs to come forward with their unique ideas. Ritesh Agarwal educat...