Ritesh Agarwal: Success Story Of OYO

 

Ritesh Agarwal-The Youngest Billionaire of India has a net worth of around Rs  16000 crores. The most amazing part is Ritesh Agarwal founded OYO when he was just 21 years old. In the span of 10 years OYO became one of the top hotel chains in the world with an approximate valuation of more than Rs 330 crore. Since the inception of OYO, the founder has never looked back. Let us understand The Youngest Billionaire Mr. Ritesh Agarwal success story in detail.

Ritesh Agarwal – Biography
Ritesh Agarwal Early Life and Education

Ritesh Agarwal was born on 16th November 1993 in a Marwari Family. He was born in Bissam Cuttack, Odisha and bought up in Titilagarh. His family ran a small shop in Rayagada. He graduated from Sacred Heart School and later St. Johns Senior Secondary School before moving to Delhi in 2011 for college.

Ritesh Agarwal Net Worth and Investments

Ritesh Agarwal Net Worth is around Rs 16000 crore. The company has a growth rate of 100 percent over the past four years. Ritesh Agarwal has invested in 27 rounds. Their most recent investment was in First Bud Organics (Angel Round) on Mar 30, 2024.

  • Some notable companies in their investment portfolio include Unacademy, Cars24 and Zingbus
  • Their investments are primarily in Consumer, Enterprise Applications and 17 more sectors
  • Their investment portfolio includes companies in India, Singapore and 1 more

Sr. No

Company

Sector

Round

Round Amount

Co-Investors

1

 

First Bud Organics

Food and Agriculture 

Angel

$60K

2

 

Allter

Retail 

Angel

$120K

Aman Gupta

3

 

Coratia

Environment Tech 

Angel

$96K

4

 

XMACHINES

High Tech 

Seed

$86.1K

Namita Thapar

Ritesh Agarwal Family