PRESENTATION ON BIOGRAPHY OF RITESH AGARWAL

Ritesh Agarwal – Founder of OYO rooms

Presented by: Presented to:

Shubham Budhlakoti Dr. M.A. Ansari
Id.no. 56814
 D.O.B. – 16 November 1993
Biodata Place of birth – Cuttack, Rayagada, Odisha
School – Sacred Heart School, Odisha
– St. John’s Senior Secondary School, Kota
College - Indian School of Business and Finance, Delhi
(left within 3 days of joining)
Occupation - CEO and Founder of OYO rooms
Awards – Theil Fellowship, Business world young Entrepreneur
Net worth - $1.1 Billion, about ₨. 9,000 crore
 Sell SIM cards at 13 for his daily expenses.
Career
Started his first venture “Oravel Stays” in 2012.
Re-launch as “OYO Rooms” in 2013.

Nominated for “Theil fellowship” – A 2 year program

initiated by PayPal founder Peter Theil, under this
students are trained by revolutionary entrepreneurs like
Mark Zuckerberg, Elon Musk, Etc. He was paid $1,00,000
during that period.
Travelling Ritesh was very fond of Travelling.
Biggest pain during travelling – finding a good hotel.
Good hotels – unaffordable.
Affordable hotels – No facility.
Existing hotel chains > 100 rooms per hotel.
More than 90% of hotels have less than 100 rooms.
Started OYO – “On Your Own”
 Collaborate with hotels.
OYO Rooms
Upgrade and refurnish the rooms.
Provide a brand name “OYO” to small hotels.
Created strong mobile application.
Claims to book a room in just 3 clicks in 5 seconds.
Weekly audits by managers in hotels.
Training centres for employees.
Affordable, available and focus on feedback.
 Ritesh selected for 1 Million check-ins OYO rooms became
Theil fellowship with mark and also Unicorn in September
funding of $100,000 launched in Malaysia 2018

2013 2016 2018

2015 2017 Today

OYO mobile app was Continuing expansion, OYO has about

launched followed by OYO launched its 45,000 hotels with
massive expansion. business in Nepal 1.2M rooms
THAN
K
YOU