Ritesh Agarwal: An Indian Business Youth Icon

OccupationFounder & CEO of OYO Rooms
BornNovember 16, 1993, Bissam Cuttack, Odisha, India
Age30 years old (as of January 2024)
Net WorthEstimated at $1.1 billion (as of October 2023)
Marital StatusMarried to Geetansha Sood on March 7, 2023
Living CityGurugram, Haryana, India
EducationDropped out of the University of London International Program at the Indian School of Business and Finance, Delhi
Career HighlightsFounded Oravel Stays (later OYO Rooms) in 2011 at the age of 17
Won the Thiel Fellowship in 2013, receiving a $100,000 grant
Grew OYO Rooms into India’s largest hotel chain and a global hospitality leader
Featured in Forbes 30 under 30 Asia list

Few stories shine as brightly as Ritesh Agarwal’s in the wide landscape of Indian industry. Ritesh, who was born on November 16, 1993, in Cuttack, Odisha, has emerged as a source of inspiration for the youth, demonstrating that age is just a number when it comes to fulfilling one’s aspirations.

Ritesh’s journey began under humble conditions. He was raised in a middle-class family and showed an entrepreneurial spirit from a young age. His interest in technology and business laid the groundwork for what would become a great career. Little did he know as a young lad in Cuttack that he was destined for greatness.

After completing his schooling, Ritesh took a plunge into the world of higher education at the Indian School of Business and Finance. However, his passion for business couldn’t be confined within the classroom walls. The decision to drop out marked the beginning of a path less traveled.

In 2013, at the tender age of 19, Ritesh Agarwal founded what was initially known as Oravel Stays. This brainchild would later transform into OYO Rooms. The concept was simple yet revolutionary – to provide affordable, standardized, and reliable accommodation options for travelers across India. And so, the OYO saga began.

The early days of OYO were far from easy. Ritesh had to deal with financial limits as well as distrust from potential partners. His drive and unbreakable belief in the vision, on the other hand, moved OYO forward. The turning point came with critical investment from investors, which provided OYO with the necessary boost.

OYO’s success story did not end at the country’s borders. The brand developed abroad and reached new heights under Ritesh’s guidance. Ritesh Agarwal rose to prominence on the world arena, gaining spots on notable lists such as Forbes 30 Under 30 and TIME 100 Next.

Ritesh Agarwal is a visionary leader with a heart for giving back, not merely a business mogul. He has showed a commitment to education and skill development through numerous projects, with the goal of empowering youth and contributing to society.


Ritesh Agarwal‘s life is a story of courage, determination, and the unwavering pursuit of one’s aspirations. His journey from a small hamlet in Odisha to the global commercial arena is an inspiration for young entrepreneurs. Ritesh’s experience shows us that problems are stepping stones, not roadblocks, and that goals can become a reality with perseverance and creativity. Ritesh’s biography serves as a gentle reminder that age is just a number and that the journey is just as important as the destination as it is the destination.

Leave a Reply

Your email address will not be published. Required fields are marked *