Find out ‘Who Are Ritesh Agarwal Father And Mother?’ To help travelers on a restricted budget, Agarwal established the online hotel reservation service Oravel Stays. It was accepted into Venture Nursery’s accelerator program in September 2012, and as one of the 2013 Thiel Fellowship program’s winners, it was awarded a $100,000 grant.
The Firm made its debut as OYO Rooms in May 2013. His net worth was estimated to be around $1.1 billion in 2020 by Hurun Rich List. He is the youngest self-made millionaire in the world as of February 2020.
Forbes has compiled a list of Asia’s 30 Under 30. It includes Ritesh Agarwal. Learn more about Ritesh Agarwal’s parents now.
Who Are Ritesh Agarwal Father And Mother?
People are interested in Ritesh Agarwal’s parents. Ritesh Agarwal was born into a Marwari family in Bissam Cuttack, Odisha, India, and was reared in Titilagarh.
In the southern Odisha city of Rayagada, where his family had a little shop, Ritesh attended the Sacred Heart School.
At the age of 13, he started selling SIM cards. He moved to Delhi to study college after earning his diploma from St. Johns Senior Secondary School in Kota, Rajasthan (on Bundi Road).
He was selected in 2013 for the Thiel Fellowship, which Peter Thiel created, after graduating from college.
Ritesh Agarwal Father Death: What Happened?
Father of Oyo founder Ritesh Agarwal passes away after falling from a building in Gurugram.
According to the Police, Ramesh Agarwal, the father of Oyo Rooms founder Ritesh Agarwal, died on March 10 after falling from a high-rise building on Gurugram’s 20th floor.
The Police claim that at about 1:00 pm, DLF Security notified them that someone had fallen from the 20th story of Gurugram’s DLF Crest Society.
According to Ritesh Agarwal
Ritesh Agarwal said, “With a heavy heart, my family and I, would like to share that our guiding light and strength, my father, Shri Ramesh Agarwal passed away on 10 March. He lived a full life and inspired me and so many of us every single day. His death is a tremendous loss for our family. My father’s compassion and warmth saw us through our toughest times and carried us forward. His words will resonate deep in our hearts. We request everyone to respect our privacy in this time of grief.”
More Details About Mahesh Agarwal Personal Life
Ritesh Agarwal is one of the youngest billionaires in the world. He finished college early. His father, Ramesh Agarwal, once lived in the Rayagarh region of Odisha.
He is from a low-income household. Ramesh Agarwal formerly ran a tiny company. He wanted his son to go into engineering. But Ritesh had other plans.
Ritesh Agarwal visited Delhi in Grade 10 to get ready for the IIT-Jee. At an early age, he started selling SIM cards.
He did this in order to get understanding of the particulars of business management. He also didn’t want to borrow money from his family members.
After finishing his studies, Ritesh enrolled in an engineering institution but subsequently left. He had made the decision to launch his own company.
He visited with Prime Minister Narendra Modi to issue an invitation before getting married. He said on Twitter, “With Pradhan Mantri Narendra Modi ji’s blessings, we are all prepared for a fresh start.
Ritesh received his schooling at St. John’s Senior Secondary School. In 2012, he established a business named Oravel Stays. The Firm received a grant of 30 lakh rupees.
The same year he was awarded the prestigious Thiel Fellowship, he was given a $15,000 stipend. Ritesh Agarwal visited Delhi in Grade 10 to get ready for the IIT-Jee.
At an early age, he started selling SIM cards. He did this in order to get understanding of the particulars of business management. He also didn’t want to borrow money from his family members.
Upon his graduation from high school, Ritesh enrolled in an engineering institution but subsequently left. He had made the decision to venture out on his own.
FAQ
Oyo was a runway success. By September 2018, he managed to raise 1 billion dollars for his company. In 2020, his net worth was 1 billion dollars (around Rs 8,200 crore.)
OYO was preceded by Oravel – Ritesh Agarwal had partaken in a fair deal of traveling across the country and prior to creating OYO, he recognized the issues that pertained to budget hotels. At the age of 17, he chose to launch Oravel Travels which was based on the Airbnb setup.
OYO Rooms is a hospitality company that offers budget hotel accommodation to travelers. The company was founded in 2013 by Ritesh Agarwal and has grown to become one of the largest hospitality chains in India.
Ritesh Agarwal is an Indian entrepreneur who is the founder and CEO of OYO Rooms, a hospitality company that provides budget hotel accommodation.
OYO Rooms is headquartered in Gurugram, Haryana, India, and has operations in several countries, including India, China, Malaysia, Nepal, Indonesia, and the United Arab Emirates.
As of 2021, OYO Rooms has over 43,000 hotels in more than 800 cities worldwide.
OYO Rooms offers a range of services, including budget hotel accommodation, vacation rentals, corporate stays, and wedding planning services. The company also provides amenities such as free Wi-Fi, complimentary breakfast, and 24/7 customer support.
