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Sunday, November 6, 2016

Story of Ritesh Agarwal



Ritesh is the founder and CEO at OYO Rooms. He was selected for the 20 under 20 Thiel Fellowship which makes him one of the very few Indians to have been shortlisted. He started working early in his life at the age of 13 and by 18 he was building OYO Rooms.

There is more to the unkempt looks of Ritesh Agarwal, 21-year-old founder and CEO of OYO Rooms, which one might find unusual of his age and accomplishments. Sporting dishevelled hair, shabby beard and muddy shoes, Agarwal started with coding software at the age of eight, becoming a part of a global annual forum for improving science in Asia, authoring a book on top 100 Indian engineering colleges, starting a consulting firm for foreign companies entering India, launching Oravel Stays, an Indian clone of US-based online lodging service Airbnb, dropping out of college and becoming the first Indian Thiel fellow to pivoting Oravel Stays to OYO Rooms, a branded network of budget hotels while he was just 19. What he is now building upon is a globally disruptive idea in accommodation and hotel industry.

Ritesh Agarwal who is merely 23 years old, has certain awards and credentials to his name, some of which are:

–  Forbes “30 under 30” in the consumer tech sector
–  Top 50 entrepreneurs in 2013 by TATA First Dot powered by NEN awards
–  TiE-Lumis Entrepreneurial Excellence award in 2014
–  Business World young entrepreneur award

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Sudhir Pai - A qualified electronics engineer and management graduate with 18 years of work experience with companies like Jetking / ICICI Bank / Kotak is now a business consultant to corporates and SMEs. He is author of 2 motivational books and regularly speaks at various business forums. He can be reached on 9820073993.

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