Q: Who funded ₹30 lakhs to Ritesh Agarwal?

Ritesh Agarwal received ₹30 lakhs from VentureNursery , a Mumbai-based accelerator, which was his first major funding. This investment helped him kickstart OYO’s journey and develop his startup project.

Q: At what age did Ritesh Agarwal start OYO?

Ritesh Agarwal started OYO in 2013 at the age of 19 . He dropped out of college to pursue his entrepreneurial dream and turned OYO into one of the world’s fastest-growing hospitality chains.

Q: What are the companies of Ritesh Agarwal?

Ritesh Agarwal is primarily known for founding OYO Rooms (now OYO). He has also invested in several startups and is involved in philanthropic initiatives through the Ritesh Agarwal Foundation .

Question 1

Who is Ritesh Agarwal?

Accepted Answer

Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of OYO Rooms, a leading global hospitality chain.

Question 2

What inspired Ritesh Agarwal to start OYO?

Accepted Answer

Ritesh noticed the lack of affordable, standardised hotels during his travels across India, which inspired him to launch Stays in 2012, later rebranded as OYO Rooms in 2013.

Question 3

What is OYO Rooms?

Accepted Answer

OYO Rooms is a global hospitality platform that partners with hotels and homes to standardise guest experiences and provide affordable, quality accommodations.

Question 4

What are Ritesh Agarwal’s key achievements?

Accepted Answer

Youngest self-made Indian billionaire (as per 2020 Forbes ranking).
Winner of the Business World Young Entrepreneur Award.
Featured in the Forbes 30 Under 30 Asialist in 2016.

Question 5

Who funded ₹30 lakhs to Ritesh Agarwal?

Accepted Answer

Ritesh Agarwal received ₹30 lakhs from VentureNursery, a Mumbai-based accelerator, which was his first major funding. This investment helped him kickstart OYO’s journey and develop his startup project.

Question 6

How much is OYO worth?

Accepted Answer

As of the latest update, the total value of these shares is estimated to be around ₹330 crore (approximately $38 million), based on OYO’s last valuation of $9.6 billion. In June 2024, OYO raised an additional $100–125 million in a new funding round, further increasing its valuation and strengthening its position in the global hospitality market.

Question 7

How much of OYO does Ritesh Agarwal own?

Accepted Answer

Ritesh Agarwal owns approximately 32% stake in OYO as of 2023. He increased his ownership by buying back shares from early investors like SoftBank and Lightspeed Ventures.

Question 8

Who is the real owner of OYO?

Accepted Answer

Ritesh Agarwal is the founder and CEO of OYO. While he owns a significant stake, OYO is also backed by major investors like SoftBank, Sequoia Capital, and Airbnb, who hold shares in the company.

Question 9

At what age did Ritesh Agarwal start OYO?

Accepted Answer

Ritesh Agarwal started OYO in 2013 at the age of 19. He dropped out of college to pursue his entrepreneurial dream and turned OYO into one of the world’s fastest-growing hospitality chains.

Question 10

What are the companies of Ritesh Agarwal?

Accepted Answer

Ritesh Agarwal is primarily known for founding OYO Rooms (now OYO). He has also invested in several startups and is involved in philanthropic initiatives through the Ritesh Agarwal Foundation.

Question 11

What is the business of Ritesh Agarwal?

Accepted Answer

Ritesh Agarwal’s business, OYO, is a global hospitality chain that offers affordable and standardized accommodations. OYO partners with hotels, homes, and vacation rentals to provide a seamless booking experience for travelers.

Question 12

Who is the richest shark tank in India?

Accepted Answer

Ritesh Agarwal, the founder and CEO of OYO Rooms, is the wealthiest judge on "Shark Tank India," with a net worth of ₹16,000 crore.

Question 13

What are OYO’s profit projections for FY26?

Accepted Answer

According to Economics Times, OYO forecasts a Rs 1,100 crore Profit After Tax (PAT) and Rs 2,000 crore EBITDA in FY26, boosted by Motel 6’s Rs 630 crore EBITDA contribution. The company reported Rs 166 crore PAT in Q3 FY24, a 6x YoY rise.

Question 14

Who is the richest on Shark Tank India?

Accepted Answer

As of 2025, Ashneer Grover, the co-founder of BharatPe, is considered one of the richest sharks on Shark Tank India, with a net worth of over ₹1,000 crores. Other wealthy sharks include Namita Thapar (Emcure Pharmaceuticals) and Aman Gupta (boAt).

Question 15

Who has the highest net worth in Shark Tank India?

Accepted Answer

The judge with the highest net worth on Shark Tank India is Ritesh Agarwal, founder and CEO of OYO Rooms, His net worth doubled in four years, rising from ₹8,000 crore in 2020.

Question 16

What is Ritesh Agarwal’s net worth?

Accepted Answer

As per the Hurun India Rich List 2024, Ritesh Agarwal, founder of OYO Hotels & Homes, has a net worth of $225 million (₹1,900 crore). He owns a 33.15% stake in the company.

Date	Sector	Round	Investments
	EdTech	Angel	₹ 340 Cr
2025-01-24	Jewelry and Fashion Accessories	seed	₹ 75 Lakh
2025-01-21	Food & Beverage	Angel	₹ 75 Lakh
2025-01-14	Food & Beverage	Angel	₹ 2.2 Cr
2024-09-12	Fintech	seed	₹ 18.8 Cr
2024-03-30	organic and wellness	Angel	₹ 55.3 Lakh
2024-03-29	Healthcare	Angel	₹ 1.1 Cr
2024-03-28	Healthcare Hygiene Products	Angel	₹ 1.1 Cr
2024-03-28	health and wellness	Angel	₹ 85.5 Lakh
2024-03-24	robotics and automation	Angel	₹ 78 Lakh
2024-03-21	fashion and apparel	Angel	₹ 40.8 Lakh
2024-03-19	Agriculture	Angel	₹ 85.1 Lakh
2024-03-15	Sustainable Design and Innovation	Angel	₹ 50 Lakh
2024-03-15	EdTech	Angel	₹ 80.9 Lakh
2024-02-28	Luggage and Travel Accessories	Angel	₹ 9.1 Cr
2024-02-16	Sustainable and Eco-Friendly Products	Angel	₹ 88.2 Lakh
2024-02-16	beauty and wellness	Angel	₹ 1.9 Cr
2024-02-09	fashion and accessories	seed	₹ 2.5 Cr
2024-02-08	food and beverage	seed	₹ 80.9 Lakh
2024-02-06	Healthcare	Angel	₹ 30.1 Lakh
2024-01-29	food and beverage	Angel	₹ 2.4 Cr
2023-11-09	Food & Beverage	seed	₹ 9.2 Cr
2023-03-14	EdTech	seed	₹ 9.1 Cr
2022-06-08	Marketing and Advertising	Secondary	₹ 121.8 Cr
2022-03-22	media and entertainment	Angel	₹ 28.1 Cr
2021-11-17	Food & Beverage	Angel	₹ 29 Cr
2021-09-06	E-Commerce	seed	₹ 10.8 Cr
2021-08-02	Technology	Angel	₹ 58.3 Cr
2021-07-15	Food & Beverage	Angel	₹ 48.2 Cr
2021-07-14	Transportation	seed	₹ 2.4 Cr
2015-08-01	Technology	seed	₹ 4.9 Cr

Ritesh Agarwal Snapshot

Ritesh Agarwal

Ritesh Agarwal Investments

Is This Your Account?