Ritesh Malik
| Ritesh Malik | |
|---|---|
| File:Ritesh-Malik.jpgRitesh-Malik.jpg | |
| Born | 14 June 1989 New Delhi, India |
| 🏳️ Nationality | Indian |
| 🎓 Alma mater | Theni Government Medical College |
| 💼 Occupation | Founder & CEO of Innov8 Coworking, Investor |
| 👩 Spouse(s) | Shruti Malik |
| 🌐 Website | drriteshmalik |
Ritesh Malik (born June 14, 1989) is a medical graduate who turned into an investor and an entrepreneur. He is best known as the founder of Innov8 Coworking[1][2][3][4], a firm that was acquired by the Softbank-backed OYO (100 percent stakes) at $31.84 million in 2019.[4][5][6] Ever since he founded Innov8 in 2015, Malik has been its Chief Executive Officer, a role that he continues to play to date.[7][8]
In 2013, he had founded Project Guerrilla, an angel investment venture that he continues to run to date.[4] Through this venture, Malik has invested in more than 50 start-ups, including Josh Talks[9], Akancha Against Harassment[10], Leverage Edu[11], Dockabl[12], Pepper,[13][14] Addodoc.[15] [16]
Early life and business career
Malik was born in New Delhi, India, on June 14, 1989. He attended Theni Government Medical College at Theni, Tamil Nadu and graduated as a medical doctor in 2012. He did a short-term marketing course from the London School of Economics in 2010.[5][17] He worked as a medical House Surgeon at Sir Ganga Ram Hospital, New Delhi from 2012 to 2013. He had also co-founded Adstuck Consulting in 2012, where he continued to work before he founded Innov8.[5][15]
Project Guerrilla
In 2013, Ritesh started an angel investment and funding venture by the name of Project Guerrilla, that went on to fund 41 start ups in a span of around six years.[4][15][16]
Innov8
In October 2015, Ritesh started a co-working platform and space provider by the name of Innov8 Coworking, a Y-Combinator company headquartered in Gurugram, India.[1][2][3][15] Additionally, the firm got backed by Google India’s Rajan Anandan, and Paytm’s Vijay Shekhar Sharma.[17]
Innov8 under OYO
In March 2019, Innov8 was acquired by OYO in an all-cash deal, with founder Ritesh Malik and other investors of Innov8 exiting as a part of the buyout.[4][6][8][18] Ritesh, however, continues to work as the Chief Executive Officer of Innov8 under OYO.[7][19]
Recognition
- Forbes 30 under 30 Asia 2016[20]
- Fortune 40 under 40 India 2018[17]
- PWC & SPH 40 Influential Indians [15][21]
- Business World 40 under 40 2017[15][21][22]
- St. Gallen’s Leaders of Tomorrow (Switzerland)[15]
- Entrepreneur Magazine 35 under 35 India 2017[15]
- Star of Delhi Award by Hurun Report[15]
- CEO of the Year (Real Estate) by Economic Times
Personal life
Ritesh Malik is married to Shruti Malik since February 18, 2017.
References
- ↑ 1.0 1.1 "Startup Events This Week: Founders Meetup By Inc42, MSME Startups Summit And More". inc42.com. 2 March 2020. Retrieved 29 March 2020.
- ↑ 2.0 2.1 "From startups to large enterprise, coworking spaces are thriving: Innov8's Ritesh Malik". The Economic Times. Retrieved 30 March 2020.
- ↑ 3.0 3.1 Ganguly, Shreya (20 February 2020). "Co-living, Co-working Provides Higher Rental Yields Than Traditional Leasing Models: Report". Entrepreneur (magazine). Retrieved 31 March 2020.
- ↑ 4.0 4.1 4.2 4.3 4.4 "Meet India's young & popular entrepreneurs". The Economic Times. Retrieved 30 March 2020.
- ↑ 5.0 5.1 5.2 Bhatt, Prashasti (24 February 2020). "Ending FY20 On The Right Note: Founders Meetup On March 12 With Innov8's Ritesh Malik". inc42.com. Retrieved 29 March 2020.
- ↑ 6.0 6.1 Choudhury, Karan. "OYO acquires co-working space firm Innov8, to open 35 new offices". Business Standard. Retrieved 2020-03-31.
- ↑ 7.0 7.1 "OYO Acquires Innov8 For INR 220 Cr In An All Cash Deal". inc42.com. 15 March 2019. Retrieved 29 March 2020.
- ↑ 8.0 8.1 Khan, Sobia; Gooptu, Biswarup (17 July 2019). "Oyo buys co-working firm Innov8, eyes 50 centres by year-end". The Economic Times. Retrieved 30 March 2020.
- ↑ "Social tech startup Josh Talks mops up pre-Series A funding". www.vccircle.com. 28 February 2020. Retrieved 2020-04-01.
- ↑ "Vijay Shekhar Sharma, Ritesh Malik, Indian Police Other Authorities Come Together To Back A Unique Cyber Safety Initiative". Retrieved 29 March 2020.
- ↑ "Leverage Edu raises seed money from Alok Mittal, Ritesh Malik, others". www.vccircle.com. 6 November 2017. Retrieved 2020-04-01.
- ↑ Venugopalan, Anjali (7 June 2019). "Dockabl raises $1.26 million in Pre-Series A funding round". The Economic Times. Retrieved 31 March 2020.
- ↑ "Funding in Indian startups this week (24 Feb-29 Feb)". entrackr.com. 2020-04-01.
- ↑ "Pepper raises Rs 2.2 crore from Snapdeal founders' Titan Capital, other investors". The Economic Times. 25 February 2020. Retrieved 30 March 2020.
- ↑ 15.0 15.1 15.2 15.3 15.4 15.5 15.6 15.7 15.8 "Ritesh Malik - Entrepreneur 2020". www.entrepreneurindia.com.
- ↑ 16.0 16.1 Sabharwal, Punita (22 November 2019). "Dr Ritesh Malik wants to create founder-driven seed initiatives". Entrepreneur (magazine). Retrieved 31 March 2020.
- ↑ 17.0 17.1 17.2 "RITESH MALIK - India's Young & Brightest Entrepreneurs in 40 Under 40 2018 - Fortune India". Fortune India.
- ↑ Sikdar, Shubhomoy. "Workspaces have transformed in three years: Innov8 founder Ritesh Malik". Business Standard. Retrieved 2020-03-31.
- ↑ "OYO Workspace's Rohit Kapoor And Innov8's Ritesh Malik On Plug-&-Play Offices". inc42.com. 20 July 2019. Retrieved 29 March 2020.
- ↑ Barton, Merrilee. "2016 30 Under 30 Asia: Finance & Venture Capital - Ritesh Malik". Forbes.
- ↑ 21.0 21.1 "Startup Summit 2019 - Ritesh Malik". www.entrepreneurindia.com. Retrieved 31 March 2020.
- ↑ "'Be The Best, Be Different' - Says Ritesh Malik, Innov8". Retrieved 29 March 2020.
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