Ritesh Agarwal, the founder and CEO of OYO Rooms, has had a remarkable journey in entrepreneurship. Starting from selling SIM cards at the age of 13, Agarwal dropped out of college and was selected for the Thiel Fellowship in 2013. He went on to start Oravel Stays, which later became OYO Rooms, a budget accommodation portal for booking budget hotels.
Agarwal's vision and determination paid off, and by September 2018, OYO Rooms had raised a staggering $1 billion. The company's success did not go unnoticed, and Agarwal's net worth was estimated to be around $1.1 billion in 2020. He became the youngest self-made billionaire in the world, according to Hurun Rich List 2020.
Agarwal's entrepreneurial spirit and success have earned him recognition from various institutions. He was featured in the Forbes 30 under 30 list for Asia and was recently recognized by the International Hospitality Institute on the Global 100 in Hospitality, a list featuring the 100 most powerful people in global hospitality.
Agarwal's success story is a testament to the power of determination and hard work. Despite facing many challenges, he remained focused on his goals and built a company that has changed the budget accommodation industry. He is an inspiration to many young entrepreneurs who aspire to make a difference in the world. In conclusion, Ritesh Agarwal's story is a true example of how a young entrepreneur can achieve greatness through perseverance and hard work. His journey is an inspiration to many and shows that with dedication, anything is possible. We can all learn from his determination and the drive to succeed
