OYO Hotels offers budget-friendly room rates across South Asia and other countries in the world. In 2024, Oyo company founder Ritesh Agarwal net worth is $2.2 billion and Oyo Valuation Is $13B.They also give you great perks like complimentary breakfasts and special holiday deals. You can even save more through their referral program. All these provisions ensure customers enjoy excellent services without breaking the bank.
We are going to include him in the list of youngest billionaires by narrating the success story of the world’s largest hotel chain management company. Oyo company founder Ritesh Aggarwal.
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Discussion Topics :
1. Oyo Hotel Company Profile
2. Founder Ritesh Aggarwal Education and Net Worth
3.Oyo Hotel Establishment History
4.Oyo Company Funding
5. FAQ on Oyo Hotel and Rooms
Oyo Hotel Company Profile
Oyo is the world’s largest hotels and rooms chain management company with a net worth of nearly $12 Billion. Oyo is well known for its high-class hotel facilities. Oyo hotels is the online booking platform where customers can find out their best room and hotel with photos in high-class cities.
By using of Online Platform of Oyo customers can Find the Best prices with offers in different hotels and they can directly call on the hotel manager as given mobile number. oyo company net worth
Now OYO expands in the whole world. Ritesh Agarwal created history and world-first self made the youngest billionaire at that time. At the age of 21 years, he was established as a 360 crore valuation company.
Founder Ritesh Aggarwal Education and Net Worth
He had written a book at his young age on Top 100 Engineer College.Oyo company founder Ritesh agarwal
Ritesh Agarwal Ji was selected for the Asian Science Camp at the age of 16, in this camp children from all over Asia used to come and talk about the Science Technology Problem. Ritesh Agarwal net worth $700 million and Oyo value $12B in 2022
OYO FOUNDER biography: He was born on 19 November 1993 in Cuttack Bishar village, Orissa, he did his schooling at Sacred Heart School, and after that, he came to Kota and started his own career. He studied in Kota for the entrance exam of IIT.oyo company net worth
| Name | Ritesh Agarwal |
| Born Date | November 16, 1993 |
| Residence | Cuttack, Odisha, India |
| Founder & CEO | OYO |
| Net Worth | $2.2 Billion |
| Education | Indian School of Business and Finance, Delhi (drop-out) |
| Spousal Status | Married |
| CODING Learning | From the age of 6 Year |
Oyo Hotel Establishment History
He liked the business model of a San Francisco-based company Airbnb and this company provides the facility of Online Marketplace and Hospitality Brokerage.
He started his first in 2012, a startup which used to provide the facility of booking online rooms. but this business did not get and thus he had to close.
The great reasons for coming to the idea was that he had gone to a place. The hotel there was very dirty, neither cleanliness at all, nor bed sheets are right, nor the condition of the room nor the bathroom, everything was inverted, which caused them a lot of trouble, and they started the facility of Oyo Rooms by improving their previous startup.Oyo company founder Ritesh agarwal
Ritesh Made the hotel very clean, whatever the problem was in the room, he also eliminated that.
He knew very well, from where he has to collect funding and where to invest them. After he got the funding of ₹ 30,00,000 from Venture Nursery, he started his startup with High energy.
So he got his Oyo brand installed in small hotels, all the hotel chains used to pay attention to big hotels, but after paying attention to small hotels, its company get the goal. Oyo company value and founder ritesh agarwal net worth of $12B in 2024 to IPO Grow in Young age. Oyo hotel and rooms company founder Ritesh Net Worth. You can also check richest person in india.
Oyo Company Funding
| Funding Round | Date and Year | Total Money investment | Investor Company |
| Series B | Jul 2015 | $100M | Sequoia Capital, Lightspeed Venture Partners, SoftBank Capital, Greenoaks Capital |
| Series C | Aug 2016 | $90M | Sequoia Capital, Lightspeed Venture Partners, SoftBank Capital, Greenoaks Capital |
| Series D | Sept 2017 | $250M | Sequoia Capital, SoftBank Capital, Greenoaks Capital, Lightspeed Venture Partners India, Hero Enterprise |
| Unattributed | Sept 2017 | $10M | Huazhu Hotels Group |
| Series E | Sept 2018 | $1B | Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, SoftBank Vision Fund |
| Series E | Dec 2018 | $100M | Grab |
| Unattributed | Feb 2019 | $100M | Didi Chuxing, SoftBank Vision Fund |
| Series E | Apr 2019 | $100M | Airbnb |
| Debt | Nov 2019 | $7M | MyPreferred Transformation |
| Series F | Dec 2019 | $1.5B | Softbank, Ritesh Agarwal |
| Series F-1 | Mar 2021 | $7.4 m | Hindustan Media Ventures |
| Series F2 round | Aug 2021 | $5 M | Microsoft |
FAQ on Oyo Hotel and Rooms
Mr. Ritesh Agarwal is the CEO and founder of the world’s largest hotel and Rooms chain company with net worth of nearly $12 Billion in the year 2024.
OYo Company Founder Ritesh Agarwal net worth Is $2.2B in 2024 and its company value is about 12 billion in 2024.