Ritesh Agarwal
Ritesh Agarwal is the founder of mobile hotel aggregator company OYO Rooms and became one of the youngest millionaires in India at age 22.[1] He is also a winner of the Thiel Fellowship.
| Ritesh Agarwal | |
|---|---|
| Born | 16 November 1993 (age 24 years) Bissam Cuttack, Odisha |
| 🏳️ Nationality | Indian |
| 🏫 Education | St. Johns Senior Secondery School |
| 💼 Occupation | |
| Known for | Founder & CEO of OYO Rooms |
He is the founder and CEO of hospitality business and app - Oyo Rooms - a network of 2,200 hotels operating in 154 cities in India - with monthly revenues of $3.5m and 1,600 employees.[citation needed] It has raised a total of $125 million of funding in four rounds from seven investors.[citation needed] Agarwal received the Business World Young Entrepreneur Award.[citation needed] He is a regular speaker at entrepreneurial conferences[which?] and institutes[which?] in India and abroad[citation needed], and a fellow of the Thiel foundation. Agarwal holds a high school diploma from St. Johns Senior Secondary School
Early life[edit]
Ritesh was born in Bissam Cuttack, a small town south of Odisha on 16 November 1993. He is a dropout, which made him eligible for the Peter Thiel fellowship for $100,000.[2]
Career[edit]
Agarwal founded OYO Rooms in 2013, with a valuation of $5B within 5 years as of 2018.[3]
Awards and recognition[edit]
Agarwal is a Thiel fellow and was listed as a Forbes 30 under 30 in 2016.[4]
References[edit]
- ↑ "SIM card seller, college dropout, millionaire at 22: Boy from Naxal area scripts incredible story". The Economic Times. 2018-06-25. Retrieved 2018-10-07.
- ↑ "Oravel founder Ritesh Agarwal wins Thiel Fellowship". Retrieved 2013-04-07.
- ↑ "How This 24-Year-Old College Dropout Built a $5 Billion Business in Just 5 Years". Money. Retrieved 2018-10-07.
- ↑ "Ritesh Agarwal". Forbes. Retrieved 2018-10-07.
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