Oyo hotel and rooms company founder Ritesh Net Worth of $9.6B to IPO

Oyo hotel and rooms company founder Ritesh Net Worth of $9.6B to IPO
25/09/2021 No Comments Startup, Trending Anshul

Here is How Oyo hotel and rooms company founder Ritesh Net Worth of $9.6B to IPO Grow in Young age.

we are going to Delivered the world’s largest hotel chain management company’s success history to make him the Youngest Billionaire list.

TO KNOW : Startup News IPO(Initial Public Offering) See Advantages of unicorn list

Discussion Topics :

1. About OYO Rooms and Hotels.

2. Education and Career History Of Ritesh Agarwal.

3. Idea to start Oyo Rooms

4. Story of Oyo Rooms Establishment

5. Finding To IPO Generation

About Oyo hotel and rooms company founder Ritesh Net Worth :

Oyo is the world’s largest hotels and rooms chain management company with a net worth of nearly $9 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.

Now OYO expands in the whole world. Ritesh Agarwal created history and world-first delf made the youngest billionaire at that time. At the age of 21 years, he was established as a 360 crore valuation company.

Education and Career of company founder Ritesh Net Worth of $9.6B in Young age.:

he had written a book at his young age on Top 100 Engineer College.

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.

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.

NameRitesh Agarwal
Born Date November 16, 1993 (age 27)
Residence Cuttack, Odisha, India
Founder & CEO OYO
Net Worth$9 BILLION
EducationIndian School of Business and Finance, Delhi (drop-out)
Spousal StatusSingle
CODING LearningFrom the age of 6 Year

Idea to start Oyo hotel and rooms company :

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

Story of Oyo hotel and rooms company Establishment :

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. Here is How Oyo hotel and rooms company founder Ritesh Net Worth of $9.6B to IPO Grow in Young age.

Oyo hotel and rooms Funding To IPO Grow :

Funding RoundDate and YearTotal Money investment Investor Company in Funding rising series for oyo brands from the beginning
Series BJul 2015$100MSequoia Capital, Lightspeed Venture Partners, SoftBank Capital, Greenoaks Capital
Series CAug 2016$90MSequoia Capital, Lightspeed Venture Partners, SoftBank Capital, Greenoaks Capital
Series DSept 2017$250MSequoia Capital, SoftBank Capital, Greenoaks Capital, Lightspeed Venture Partners India, Hero Enterprise
UnattributedSept 2017$10MHuazhu Hotels Group
Series ESept 2018$1BSequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, SoftBank Vision Fund
Series EDec 2018$100MGrab
UnattributedFeb 2019$100MDidi Chuxing, SoftBank Vision Fund
Series EApr 2019$100MAirbnb
DebtNov 2019$7MMyPreferred Transformation
Series FDec 2019$1.5BSoftbank, Ritesh Agarwal
Series F-1Mar 2021$7.4 mHindustan Media Ventures
Series F2 round Aug
2021
$5 MMicrosoft

Now the company has decided to file a $1.2 Billion IPO in next month for more visit the

Business News-OYO Big IPO deal coming soon up to $1.2B Investor Raise

FAQ On Oyo hotel and rooms company founder Ritesh Net Worth :

Who is the founder of the OYO company?

Mr. Ritesh Agarwal is the CEO and founder of the world’s largest hotel and Rooms chain company with net worth of nearly $9.6 Billion in the year 2021.

What is the founder of Ritesh Net Worth and Company Valuation?

Oyo is the world’s largest hotels and rooms chain management company with a net worth and company valuation of nearly $9 Billion

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