Many entrepreneurs have been raised and still more are emerging nowadays. Lets know about the Young Indian Entrepreneur & very smart guy – Ritesh Agarwal and his business journey.
Short biography of Ritesh Agarwal:
Ritesh Agarwal was born on November 16, 1993 in Bissam Cuttack, Rayagada, Odisha, India. After his schooling, he went to Indian School of Business & Finance, Delhi but with a passion towards starting his own business he dropped his studies.
His interest towards traveling made him to get inspired by the budget accommodations that he used for his stay. This has made him to launch Oravel, a social marketplace enabling people to discover and book accommodation online or via a phone in the year 2011 at his 18th age.
The CEO and founder of Oyo Rooms Ritesh is the first Asian to graduate as a Thiel Fellow. After graduating from the Peter Thiel Fellowship program, Oravel pivoted to Oyo Rooms – a chain of branded budget hotels across several cities in India. Before that he has made on ground learning by analyzing the customers staying in the budget hotels.
Oyo Rooms is the largest network of branded hotels in India that offers high quality standard rooms. It has fully integrated model which controls the booking, the stay and check-out process of the customers.
The operations of Oyo started in the year 2014 from a Gurgoan with one hotel and now it has more than ten thousand hotels in about 250 cities in India. Apart from Indian, Oyo has been launched in Malaysia recently.
We have to be proud that an Indian has become a successful entrepreneur.
Bizbilla wishes him from the bottom of the heart to reach greater heights.