Ritesh Agarwal Snapshot

• Ritesh Agarwal is one of India’s most successful young entrepreneurs. He is the founder of OYO, a company that has revolutionized the budget hotel industry. From starting as a small startup to becoming a global brand, Ritesh’s journey is inspiring.
  
  
• Ritesh Agarwal was born on November 16, 1993. As of 2025, Ritesh Agarwal age 32 years old. Despite his young age, he has achieved incredible success and is an inspiration to many young people.
  
  
  
• Born in Bissam Cuttack, Odisha, Ritesh Agarwal launched his first business at 13. Through innovative ventures and relentless work, he became one of India's youngest billionaires by his late 20s.
  
  
• Ritesh was born in Bissam Cuttack, Odisha, and grew up in a small town. He always had a passion for entrepreneurship and started his first business at the age of 13. His hard work and innovative ideas have made him one of the youngest billionaires in India.
  
  
• Ritesh Agarwal OYO Rooms was founded in 2013. He was only 19 years old at that time. He used ₹82 lakh to create a platform for booking cheap and budget-friendly stays. Today, OYO is one of the biggest hospitality brands in the world, with thousands of hotels in many countries.
  
  
• The net worth of Ritesh Agarwal is estimated at $225 million (₹1,900 crore) as of 2024, according to Planify. He was listed among the Top 10 youngest Indian billionaires in the Hurun Rich List 2024. Earlier estimates during COVID placed it closer to ₹8,000 crore.
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• Most of his wealth comes from his stake in OYO, which is valued at billions of dollars. OYO’s success has made Ritesh one of the youngest self-made billionaires in the world, making him one of the richest entrepreneurs in India.
  
  
• Ritesh Agarwal owns a significant stake in OYO. After buying back shares from investors like SoftBank and Sequoia Capital, his stake in the company increased to 32%. This makes him the largest shareholder in OYO.
  
  
• OYO’s valuation has grown over the years, and Ritesh’s stake is worth billions of dollars. His leadership has been key to OYO’s success. He has also invested in other startups and businesses. His investment portfolio includes:
  
  
  • OYO: His primary investment and the source of most of his wealth.
  • Startups: Ritesh has invested in several early-stage startups, especially in the tech and hospitality sectors.
  • Real Estate: He has also shown interest in real estate, investing in properties and land. Ritesh Agarwal dropped out of college to pursue his entrepreneurial dreams. He was studying at the Indian School of Business and Finance (ISBF) in Delhi but left to focus on building OYO.
    
    
• OYO is one of the most valuable startups in India. As of 2025, OYO’s net worth is estimated to be ₹74,000 crore. The company has grown rapidly, expanding to countries like the USA, Europe, and Southeast Asia. OYO’s success has made it a global brand and a leader in the budget hospitality industry.
  
  
• Ritesh Agarwal, a prominent investor on Shark Tank India 2025, has strategically invested in multiple startups across various industries. His investments include BL Fabrics (₹50 crores, 5% Final Deal Equity) in designer lehengas, Culture Circle (₹240 crores, 0.50% Final Deal Equity) in luxury fashion, Inner Gize (₹36 crores, 1.50% Final Deal Equity) in mental health wearables, and Tripole (₹100 crores, 1% Final Deal Equity) in travel gear. He also backed Speed Kitchen (₹66.67 crore, 3% Final Deal Equity), a coworking cloud kitchen, and Mudgar Club (₹5 crore, 10% Final Deal Equity), which focuses on traditional fitness. His portfolio further includes Aqua Peya (₹35 crores, 2%) in energy drinks, Shyle (₹70 crores, 1% Final Deal Equity) in jewellery, and Savani (₹300 crores, 1% Final Deal Equity) for monument restoration. These investments highlight his keen eye for high-growth sectors and innovative businesses.

Male

Married

• Shark Tank India Season 3
  Judge
  2024
• MobileSparks 2016
  Speaker
  New Delhi, Delhi, India, Asia
  Nov 18, 2016
  
• GMIC Bangalore 2016
  Speaker
  Bangalore, Karnataka, India, Asia
  Nov 16, 2016
  
• SURGE 2016
  Speaker
  Bengaluru, Karnataka, India, Asia
  Feb 23, 2016
  
• TiEcon Delhi 2015
  Speaker
  New Delhi, Delhi, India, Asia
  Oct 16, 2015
  
• MobileSparks 2016
  Speaker
  New Delhi, Delhi, India, Asia
  Nov 18, 2016