How OYO come into existence?

OYO rooms, who don’t know the name nowadays? But have you ever wondered how the concept of this hotel chain giant came into existence? Meet Ritesh Agarwal, a normal guy like you and me from Odisha, India.

Ritesh Agarwal, CEO of OYO Rooms. OYO rooms near me.
Ritesh Agarwal, CEO of OYO Rooms

Oyo has now been a quite old startup in India which was named Oravel in 2011 by Ritesh Agarwal when he was only 18.

From his backpackers days, he found that apart from room availability, the room budget is a matter of concern for an ordinary person who makes their visit to someplace either for business or for recreation purposes.

What is different in OYO rooms?

In one of his interviews by NAS Daily, he told how he helped a neighboring hotel to gain more visitors which had merely in its running state.

He changed the linen of the rooms. Added few extra lights. Put some contrasting furniture. Added some color in the room and of course to the customer’s life! And with this, it became the necessary OYO standard to which every Hotel must comply to list their rooms under OYO.

Apart from being a young entrepreneur, Ritesh is an author, a coder and a public speaker.

His best-seller, A complete Encyclopedia of top 100 engineering colleges bagged his fame as an author in his early days.

Being a coder from the age of 8, at the age of 16, he occupied his space among the 240 students for an Asian Camp held at Tata Institute of Fundamental Research.

But, the majority of the business giants are a school or college dropouts. Ritesh added a count to the list. While studying in the prestigious Indian School of Business & Finance, Delhi, he decided to quit college.

The para above, should not be taken as a push to be dropped out from your school or college. All I am saying is that the business giants has got something unique in their mind and the way they execute things in their life.

Taking a desperate decision with a bit of hesitation he moved to business and accomplished his dreams. With hard work mixed with dedication and devotion, he started to put his footprints in the list of business giants in India.

Accolades of Ritesh Agarwal:

Here are some prestigious milestones that Ritesh Agarwal acquired:

  1. TiE-Lumis Entrepreneurial Excellence Award (2014)
  2. Named one of the Top 50 Entrepreneurs by TATA First Dot Awards (2013)
  3. Finalist of Global Student Entrepreneurship Awards-India
  4. The first resident Asian to win ’20 Under 20’ Thiel Fellowship (2013)
  5. One of the ‘8 Hottest Teenage Start-Up Founders in the World’ by Business Insider (2013)
  6. Written a book named ‘Kaleidoscope’ which has around 25 award-winning short stories
  7. Business World Young Entrepreneur Award
  8. World’s Youngest CEO at 17(recognized at 16)
  9. Forbes “30 under 30” in the Consumer Tech Sector

Tell us your experiences who stayed in OYO rooms before.

And those who have not entered in OYO rooms, remember to search OYO rooms near me to book your stay.

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