Case Study of Entrepreneur

Presented by
Btech Student of cse Branch (batch A)

Aditya Prakash Singh

OYO hotels CASE Study

RITESH Agarwal

The Youngest
Entrepreneur of INDIA
 Topics covered in coming slides
1) Introduction
2) How Did He Started ?
3) Professional Life
4) Oravel To Oyo Rooms
5) Digital Oyo App
6) Awards And Recognition
7) Success Timeline of OYO
 Introduction
1) Ritesh Agarwal
is an Indian entrepreneur, the
founder and CEO of OYO Rooms - the fastest
growing Branded network of hotels offline &
online.
2) He
is considered as one of the youngest CEOs of
India because he started his entrepreneurial
journey at the age of 17.
 How Did He Started ?
1) Born and raised in Bissam, Cuttack in Orissa and belong to a business class
family.
2) Interestingly, he had started coding when he was just eight years old and by
the time he reached his 10th grade, he had a keen interest in software and
made up his mind that he wanted to take up coding for a living.
3) In 2009, during his coaching for IIT, started writing a book– ‘Indian
Engineering Colleges: A Complete Encyclopaedia of Top 100 Engineering
Colleges’. This book turned out to become huge on Flipkart and was sold out
in a while too.
4) When he turned 16 , Ritesh was chosen among the 240 children to be a part of
the Asian Science Camp held at the Tata Institute of Fundamental Research
(TIFR) in Mumbai.
 Professional Life
1) In 2011, he moved to Delhi with intentions of starting up
something of his own and at the same time to prepare for
SAT(Scholastic Assessment Test) to move to the US for further
studies.
2) He had joined the University of London’s Indian campus, but just
after three days of joining he felt that he couldn’t continue.
3) Soon, he started travelling extensively across India at the age of
17 and then he thought that there is an extensive need for budget
accommodations in India.
ORAVEL TO OYO hotels
1) Oravel Stays Pvt. Ltd was his first start-up in the year 2012.
2) Oravel was designed as a platform to enable listing and booking of
budget and premium accommodations.
3) In simpler terms, it was meant to be destination for short and
midterm rentals for bed and breakfast joints, private rooms and
serviced apartments.
4) Soon, Agrawal realised that just a combination of bed and dinner
would not fulfil the expectations of budget travellers in India so he
transformed Oravel stays to OYO ROOMS, 2013 with the key
proposition of offering affordable and standardized
accommodation.
 Continue
OYO Rooms is India's largest branded network of budget
hotel chain .It currently operates in more than 160 Indian
cities including major metros, regional hubs, leisure
destinations and pilgrimage towns ,with a current valuation
of nearly 360Cr. .
 DIGITAL OYO APP
1) OYO Rooms mobile app has been a huge success
that is downloaded more than 1 Million times and
more than 1 Lakh bookings have been made so far.
2) The app ranks amongst the best-rated apps on
Google Play Store and has also been listed as one of
the top three apps in the ‘Travel & Local’ category.
AWARDS AND RECOGNITION
1) First resident Asian to win Thiel Fellowship, 2013.
2) Top 50 Entrepreneurs in 2013 by TATA First Dot powered
by NEN Awards.
3) Named as one of the '8 Hottest Teenage Start Up Founders
in the World' in 2013 by Business Insider.
4) TiE-Lumis Entrepreneurial Excellence Award in 2014 &
Business World Young Entrepreneur Award in 2015.
SUCCESs TIMELINNE
OF Oyo hotels
Whenever you have to travel.
then visit to Oyo hotels. you
will not regret for your money

THANK
YOU