Ritesh Agarwal
Ritesh Agarwal
Biography
At the age of 12 years old he had his first experience staying at a hotel as part of a trip to represent his school at a trivia competition in another town that is few hours away.
Career
Hotels

Photo of Ritesh Agarwal that has been shared on his Facebook page.
Years later as a teenager in high school, he focused on solving the issue of building a hotel company or entity with nicer rooms and services that people around India can also afford.
[5] He initially began to get the idea of solving the issue after traveling around the country on a low-budget and lodging at horrible places.
After repairing them and aggregate them on a website he realized he had to learn more about hotels and their system.
To learn about hotels from the ground up, he worked as cleaner for a small motel.
OYO Rooms
In 2013, after experiencing first-hand the conditions of running a hotel, let alone a franchise, he founded the company, Oyo Hotels.
Some time after starting the company he received $100,000 from Thiel Foundation as a way to subsidize his entrepreneurial efforts in starting his own company as a college-dropout.
In 2015, he got $100 Million in venture funding from investors including Silicon Valley's Sequoia Capital and Japan’s SoftBank Corp. [5] [1]