Ritesh Agarwal’s Education, Success Story And Net Worth

By Anshika Verma20, Mar 2025 11:35 AMjagranjosh.com

Who is Ritesh Agarwal?

OYO’s founder and CEO, Ritesh Agarwal is now recognised as the name behind India’s first hospitality Unicorn.

Early Life

Ritesh was born on 16th November 1993. From a young age, he expressed his desire to become an entrepreneur.

Education

He attended St. John's Senior Secondary School and completed some college-level coursework, but did not complete a degree.

Birth of Oravel Stays

In 2012, as an undergraduate student, Ritesh launched Oravel Stays. It was a budget travel accommodation website.

Rise of OYO Rooms

In 2013, Ritesh rebranded Oravel as OYO Rooms and extended the services to provide affordable and standardised hotels.

OYO’s Global Success

OYO has expanded its services to over 800 cities across the world especially China, USA and India and it is backed by Softbank.

Achievements

He won the ‘Thiel Fellowship’ and got featured on Forbes 30 Under 30 list.

Net Worth

As of 2025, his net worth is estimated to be at a whopping Rs 16,000 crore, making him one of the youngest billionaires in India.

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