OYO Rooms offered standardized services like free wife, breakfast, clean bed, Flat LEDs and much more. A college dropout in a country where university pedigree is obsessed over, Agarwal has become an unlikely business star, with frequent appearances on televised award shows and a cover story last year in Forbes India. OYO Rooms has raised over $125 million from SoftBank, Greenoaks Capital, Sequoia Capital and Lightspeed India and several angel investors. 2. It's unlikely, Inside 'unicorn hunters' Accel India's VC play, and our PE/VC special, Challenging the myths of meritocracy, with Prof. Michael Sandel. Ritesh Agarwal, founder, Oyo Hotels. “If you want to change the world, being under 30 is now an advantage,” Forbes said. The self-made billionaire was praised by US President, Donald Trump, when he was … The first on our list is Byju Raveendran, founder of the major ed-tech startup Byju’s Next on the list is Ritesh Agarwal -- CEO of Oyo Rooms Sachin Bansal, an ex-Amazon employee, teamed up with his friend Binny Bansal to start an Amazon-like marketplace for the Indian market in 2007, dubbed Flipkart Fifth on the list is Karan Bajaj, the founder of WhiteHatJr -- an ed-tech startup that aims … Tags: Travel, Sequoia Capital, Lightspeed Venture Partners, Steve, Ritesh Agarwal, Forbes, Albrecht, Oyo, NACD, Association of Certified Fraud Examiners, Aditya Ghosh, Troy Alstead, United Nations FBI, American Accounting Association, Mohit Bhatnagar, Brigham Young University He. According to 5th Annual Forbes list under 30 list features 600 women and men, who are America’s most important young […] A college dropout, he became the first resident Indian at 19 to win the prestigious Thiel Fellowship, a two-year programme started by PayPal founder Peter Thiel.This profile is part of the 2016 Forbes India’s 30 Under 30 project, which celebrates the talent and promise of India's 30 youngsters under the age of 30. Ritesh Agarwal . He was named in the Forbes list of 30 under 30 in the consumer tech sector which in itself is such a great venture. The Forbes fifth annual ’30 Under 30′ list features 600 women and men, who are America’s “most important young entrepreneurs, creative leaders and brightest stars” and are “changing the world” across … I had the same idea a little different 3 years ago but because of my age I was not able to capitalise on the idea. We like his ability to communicate and convince; he gives us confidence that he can execute,” says Sanjay Mehta, an angel investor in OYO Rooms and founder of MAIA Intelligence.The boy who once sold mobile SIM cards has had a prodigious career so far, even penning a book, The Encyclopaedia of Indian Engineering Colleges, at 17. Forbes. Ritesh Agarwal Oyo Rooms founder is the first Indian resident to win the Thiel Fellowship which is a coveted scholarship award. Its portfolio combines fully operated real estate (comprising more than 23,000 hotels and more than 850,000 rooms) and 46,000 vacation homes. Investors have bought into his story. 2020 Bentley Flying Spur Review: Superior comfort and … When he was 17, Ritesh authored a best-selling book; The Encyclopaedia of Indian Engineering Colleges. Ritesh Agarwal came up with an aggregator business model that helped OYO to get more reach. The OYO Rooms Success plays a significant role in Ritesh Agarwal Wiki. Click here to see Forbes India's comprehensive coverage on the Covid-19 situation and its impact on life, business and the economy, (This story appears in the 19 February, 2016 issue of Forbes India. In the consumer tech segment is 22-year-old Ritesh Agarwal, the founder and CEO of OYO Rooms, billed to be the Airbnb of India. The OYO Rooms model is simple and differentiated (this is no me-too Airbnb, for instance): It partners with hotels to standardise rooms under the OYO Rooms brand so that the traveller experience is the same across cities, including free WiFi, breakfast and spotless white bed linen, with a per-night cost between Rs 999 and Rs 5,400. Which in itself is such a great venture player: Ducks … Ritesh Agarwal OYO Rooms has raised $... We value your opinion and the time you took to write to US and in filling own. S largest branded network of Budget hotels, it all comes from.. Was named in the consumer tech segment your comment, we value your and. 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