Ritesh Agarwal's net worth is estimated at $1.1 billion. He is an Indian entrepreneur and the founder of OYO Rooms, now known as OYO Hotels & Homes. India's OYO is valued at $10 billion after founder Ritesh Agarwal purchased $2 billion in shares. Ritesh Agarwal's income is increasing day by day. Ritesh Agarwal's age is 32 years.
If you can do something big, then age does not matter. This line is proven true by the OYO Rooms founder, Ritesh Agarwal. At the age of just 18 years, OYO Rooms was started by Ritesh Agarwal. Due to his dedication to hard work, OYO Rooms are established in China, Malaysia, Nepal, the United Kingdom, the United Arab Emirates, Saudi Arabia, the Philippines, and Japan. All these countries' most popular 50+ cities have more than 450,000 OYO rooms.
Bio/Wiki
| Full Name | Ritesh Agarwal |
| Profession(s) | Entrepreneur, Founder & CEO of OYO Hotels & Homes |
| Famous For | Founding OYO Rooms at age 18; Forbes 30 Under 30; OYO valued at $10 billion |
| Net Worth | $1.1 billion (approx.) |
Physical Stats & More
| Height | 5 feet 7 inches (170 cm / 1.70 m) (approx.) |
| Eye Colour | Dark Brown |
| Hair Colour | Black |
Personal Life
| Date of Birth | 16 November 1993 |
| Age (as of 2026) | 32 Years |
| Birthplace | Bissam Cuttack, Odisha, India |
| Nationality | Indian |
| Marital Status | Married |
| Wife | Geetansha Sood (married 2023) |
Early Life of Ritesh Agarwal
Ritesh Agarwal is an Indian entrepreneur and the founder of OYO Rooms, now known as OYO Hotels & Homes. Born on November 16, 1993, in Bissam Cuttack, Odisha, India, Ritesh Agarwal showed a keen interest in entrepreneurship from a young age.
At the age of 17, Ritesh dropped out of college and embarked on his entrepreneurial journey. He started Oravel Stays, a platform for budget accommodation, in 2012. Later, he pivoted the business and rebranded it as OYO Rooms in 2013. The concept of OYO Rooms was to provide standardized and affordable hotel rooms to travelers across India.
Under Ritesh Agarwal's leadership, OYO Rooms experienced rapid growth and expansion. The company received funding from prominent investors and venture capital firms, which helped fuel its growth and establish its presence in several countries, including Malaysia, China, the United Kingdom, and the United States.
Ritesh Agarwal has been recognized for his entrepreneurial achievements and has received accolades such as the Forbes 30 Under 30 in Consumer Technology and the Asian Achievers Award for Entrepreneur of the Year. His vision and innovative approach have made OYO Hotels & Homes one of the largest hospitality chains globally.
Beyond OYO, Ritesh Agarwal is involved in various initiatives and investments. He has shown a keen interest in supporting young entrepreneurs and fostering innovation in the Indian startup ecosystem.
In Rajasthan Kota, Ritesh Agarwal wrote a book titled "A Complete Encyclopedia of the Top 100 Engineers Colleges". At the age of 16 years, Ritesh Agarwal was selected for the Tata Institute of Fundamental Research Asian Science Camp. This was the stage where Asian students discussed problems and helped advance science and technology.
Ritesh Agarwal also likes to read business startup books. He attended Mumbai and Delhi seminars — this is the reason Ritesh Agarwal was living in hotels under his budget. During this time, a business idea occurred in Ritesh Agarwal's mind. He was very impressed with the Airbnb company model. Airbnb is also an online marketplace hospitality service brokerage company based in San Andreas.
Starting of Oravel Stays
With full planning, Ritesh Agarwal started his first startup, Oravel Stays, in 2012. The main aim of this company was to provide a room at a low price which could also be booked online. Before starting this company, Ritesh Agarwal gained all the knowledge. He knew how to get funding and move forward. This is the reason Ritesh Agarwal got $3,000,000 in funding from Venture Nursery.
Now Ritesh Agarwal had enough money to grow his business. Oravel Stays was a startup where a customer got a hotel room at a low price, but the only problem was that people's daily needs facility was not available, and slowly Oravel Stays' popularity went down.
Starting of OYO Rooms
After that, Ritesh Agarwal researched Oravel Stays' drawbacks and relaunched the company as OYO Rooms. This time customers got a room at a low price with a full facility. Now every OYO room has a standard, and every hotel should follow it. Due to these facilities, Ritesh Agarwal's company OYO Rooms became India's largest hospitality company.
Seeing OYO Rooms' brilliant strategy, Lightspeed Venture Partners, DSG Consumer Partners, Sequoia Capital & Greenoaks Capital gave five million dollars in funding to OYO Rooms. From here, OYO Rooms never looked back. OYO Rooms' success is an inspiration for millions of newcomers who want to become successful with their hard work and smart work in any field.
Ritesh Agarwal Net Worth Breakdown
| Net Worth | $1.1 billion (approx.) |
| Annual Income | $200 million (approx.) |
| Monthly Income | $19.5 million (approx.) |
| Company Valuation | $10 billion (OYO) |
| Primary Income Source | OYO Hotels & Homes, investments, startup ventures |
Some Lesser Known Facts About Ritesh Agarwal
- He founded OYO Rooms at the age of just 18.
- He dropped out of college at 17 to pursue entrepreneurship.
- He wrote a book titled "A Complete Encyclopedia of the Top 100 Engineers Colleges" while in Kota, Rajasthan.
- At 16, he was selected for the Tata Institute of Fundamental Research Asian Science Camp.
- He was inspired by the Airbnb business model.
- He received the Forbes 30 Under 30 award in Consumer Technology.
- He received the Asian Achievers Award for Entrepreneur of the Year.
- OYO Rooms operates in China, Malaysia, Nepal, the UK, UAE, Saudi Arabia, Philippines, and Japan.
- OYO has more than 450,000 rooms across 50+ cities worldwide.
- He is one of the youngest self-made billionaires in India.
Social Media Presence
| X (Twitter) | @riteshagar |
| Ritesh Agarwal | |
| @riteshagarwal |
Frequently Asked Questions (FAQs)
Who is Ritesh Agarwal?
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of OYO Hotels & Homes. He was born on 16 November 1993 in Bissam Cuttack, Odisha, India.
What is Ritesh Agarwal's age?
Ritesh Agarwal is 32 years old as of 2026. He was born on 16 November 1993.
What is Ritesh Agarwal's net worth?
Ritesh Agarwal's net worth is estimated at $1.1 billion. His primary income comes from OYO Hotels & Homes, investments, and startup ventures.
What is Ritesh Agarwal's monthly income?
Ritesh Agarwal's monthly income is estimated at $19.5 million, with an annual income of approximately $200 million.
How old was Ritesh Agarwal when he founded OYO?
Ritesh Agarwal was just 18 years old when he founded OYO Rooms. He dropped out of college at 17 to pursue entrepreneurship.
Who is Ritesh Agarwal's wife?
Ritesh Agarwal married Geetansha Sood in 2023.
What is OYO Rooms?
OYO Rooms, now known as OYO Hotels & Homes, is an Indian hospitality chain of leased and franchised hotels, homes, and living spaces. It was founded by Ritesh Agarwal in 2013 and has expanded to multiple countries worldwide.
What awards has Ritesh Agarwal won?
Ritesh Agarwal has received the Forbes 30 Under 30 award in Consumer Technology and the Asian Achievers Award for Entrepreneur of the Year.
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