summary of ritish agarwal
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Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. He became the world's second youngest billionaire in 2020.[2][3] Agarwal is also a recipient of the Business World Young Entrepreneur Award.[4]
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Summary of ritish agarwal:
Ritish Agarwal founded Oravel Stays, a budget accommodation portal for booking budget hotels. Venture Nursery was accepted into its accelerator program in September 2012 and was later one of the winners of the 2013 Thiel Grant Program, receiving a $100,000 grant. The company started as OYO Rooms in May 2013.
By September 2018, the company had raised $1 billion. it was reported that Agarwal bought $2 billion worth of shares in the company, tripling his stake in July 2019.
According to the Hurun Rich List 2020, his net worth was estimated at $1.1 billion (₹7,253 billion) in 2020. As of February 2020, he is the world's youngest self-made billionaire.
He has been included in the Forbes Asia 30 under 30 list.
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