Ritesh Agarwal
Founder and CEO, Oyo Rooms

Twenty-six-year-old Ritesh Agarwal is the founder and CEO of Oyo Rooms. The six-year-old start-up, which today operates in over 80 markets and manages over 1.2 million rooms, is valued at $10 billion. Oyo entered China last year and has about 5,90,000 rooms there across 332 cities. Its existing investors include names like SoftBank Group, Lightspeed Venture Partners and Sequoia India. Today, Oyo Hotels & Homes’ portfolio combines fully operated real estate comprising more than 23,000 hotels and 125,000 vacation homes in more than 800 cities in 80 countries, including the US, Europe, UK, India, China, Malaysia, Middle East, Indonesia, Philippines and Japan. Under Agarwal’s leadership, Oyo Hotels & Homes has become the world’s thirdlargest and fastest-growing chain of hotels