Who is Ritesh Agarwal
Table of Contents
About
Ritesh Agarwal is the founder and corporate executive of OYO Hotels & Homes.
And everybody deserves a higher life.
That’s, however, OYO was launching in could 2013. OYO nowadays is the world’s leading chain of hotels, homes, and spaces.
Such as, He is the founder and corporate executive of troubled welcome business and app – Oyo Rooms.
And also, a network of two,200 hotels operational in 154 cities across Bharat – with monthly revenues of $3.5m and 1,500 staff.
And aso, It’s raised a complete of $125million of funding in four rounds from seven investors.
Agarwal has won several awards and accolades for his work together with the Business World Young enterpriser Award.
Agarwal holds a highschool degree from St. Johns Senior lyceum.
What is the Experience of Ritesh Agarwal?
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Founder & corporate executive
OYO Rooms
Jun 2013 – Present7 years seven months
New Delhi space, India
Founder & corporate executive of OYO Rooms-India’s quickest growing network of Branded hotels offline and on-line.
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Fellow
The Thiel Foundation
Apr 2013 – Present7 years nine months
San Francisco Bay space
What is the Education of Ritesh Agarwal?
St. Johns Senior Secondary college
High School SeniorEnglish, Physics, Chemistry and Maths
2010 – 2012
What Languages known to Ritesh Agarwal?
He learn two languages
- Hindi
- And Marwari
What are the Groups involved by Ritesh Agarwal?
- Vacation Rental Professionals – the holiday Rentals cluster
- Africa Business Promotion Organisation
- Media & selling Professionals Worldwide
- Lodging welcome Marketplace
- And also,The connected CXO / President, CEO, COO, CIO, CTO, MD, VP, Director’s
What are the Articles Written by Ritesh Agarwal?
- A Visit to Bhutan: The Last Shangri La on Earth
By Ritesh Agarwal
March 30, 2020
- Jan 2020 – Reflections on the primary month of an enormous year for OYO
By Ritesh Agarwal
February 7, 2020
What is the Activity done by Ritesh Agarwal?
- Always pleasantly shocked to check these Desi creating sensible stories.
- Brothers have designed an enormous company on a straightforward plan.
- Ladakh’s initial touristry incentive policy focuses on making specific evenhanded and property development of all regions within the Union Territory.
- First “foreigner” corporate executive in Indian IT rejigs prime level, video conferences with 100+clients and cracks deals; stock soars. Thierry Delaporte.
- And also, The reports of Agarwal shopping for a back stake in OYO initial emerged in Gregorian calendar month 2019
What are the Breakdowns Of Ritesh Agarwal?
In Nov, reports surfaced that Lightspeed Venture Partners and redwood Capital Bharat completed their dealings to sell a few V-day stakes.
And also, in OYO to founder Ritesh Agarwal for $1.5 Bn.
The OYO founder has supported the redemption by taking a loan from Japanese banks Nomura and Mizuho.
The company’s valuation can double to $10 Bn with this deal compared to the already existing $5 Bn.
Considered the wealthiest cashout in India’s startup system, OYO was aforesaid to be shopping for half Lightspeed’s current thirteen.4% stake in OYO at $1 Bn, as per earlier reports.
And also, The US-based VC firm has backing OYO.
Since 2014, it endowed about to $28 Mn within the company up to now.
Considering the present redemption rate, Lightspeed is going to be earning 50x profit once the partial exit.
