Who is Ritesh Agarwal? | Ritesh Agarwal net worth | Ritesh Agarwal House | Ritesh Agarwal OYO founder

     Who is Ritesh Agarwal? Ritesh Agarwal is an Indian entrepreneur and the founder of OYO Rooms, which is currently one of the world's largest hotel chains. He was born on November 16, 1993, in Rayagada, Odisha, India.

        Agarwal dropped out of college at the age of 17 and founded Oravel Stays in 2012, which later became OYO Rooms. The company started as a platform for budget hotels but later expanded into a full-fledged hotel chain with operations in several countries. As of 2021, OYO Rooms has over 43,000 hotels in more than 800 cities across 80 countries.

        Agarwal has received several awards and recognition for his work as an entrepreneur, including the Business World Young Entrepreneur Award in 2018 and the Economic Times Entrepreneur of the Year award in 2018. He was also named in Forbes' 30 under 30 list in 2016 and 2018.

        Agarwal is considered one of the most successful and innovative entrepreneurs in India and has been featured in several publications, including Forbes, The Economic Times, and The Wall Street Journal.

    Ritesh Agarwal net worth : As of my knowledge cutoff of September 2021, Ritesh Agarwal's net worth was estimated to be around $1.1 billion USD according to Forbes. However, please note that his net worth may have fluctuated since then due to changes in his business ventures and investments. Agarwal's net worth is primarily derived from his holdings in OYO Rooms, which is currently valued at around $10 billion USD.

    Ritesh Agarwal House : It is known that he previously owned a $1.5 million USD house in South Delhi's Malviya Nagar area. The house had six bedrooms, a swimming pool, and a home theater. In 2018, he reportedly sold the house to a Delhi-based businessman. Since then, he may have moved to a different residence, but the details are not publicly available.

    Ritesh Agarwal OYO founder : Ritesh Agarwal is the founder and CEO of OYO Rooms, which is one of the fastest-growing hotel chains in the world. He founded OYO Rooms in 2013 when he was just 19 years old, with the vision of creating a network of standardized budget hotels across India.

        OYO Rooms started as a platform for budget hotels but later expanded into a full-fledged hotel chain with operations in several countries. OYO's innovative business model leverages technology to help hotel owners improve their operations and provide a consistent guest experience. The company also invests in building a strong brand and marketing its properties to attract more customers.

        Under Agarwal's leadership, OYO Rooms has grown rapidly and become one of the largest hotel chains in the world, with over 43,000 hotels in more than 800 cities across 80 countries. The company has raised billions of dollars in funding from investors such as SoftBank, Sequoia Capital, and Lightspeed Venture Partners.

        Agarwal has been widely recognized for his entrepreneurial achievements, and OYO Rooms has won several awards for its innovative business model and rapid growth. However, the company has also faced some challenges and controversies related to quality control and customer service. Despite these challenges, Agarwal remains committed to his vision of building a global hospitality brand that offers a consistent and affordable guest experience.

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