Ritesh Agarwal Biography, Age, Education, Career and Net Worth

Ritesh Agarwal biography

Ritesh Agarwal is an Indian billionaire entrepreneur, investor and businessman. He is the founder and CEO of OYO Rooms and also featured in Shark Tank India in 2024. Ritesh Agarwal was born on 16 November 1993 in Bissam Cuttack, Rayagada, Orissa, India.

Ritesh Agarwal Profile


Ritesh Agarwal

Real Name

Ritesh Agarwal


16 November 1993


30 years (2023)



State of Origin








Known for



Geetansha Sood

Net worth

$1.2 Billion

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Educational Background

Ritesh Agarwal education

Ritesh Agarwal attended Sacred Heart School, and later St. Johns Senior Secondary School.

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In 2011, Ritesh Agarwal moved to New Delhi for College. He graduated from the University of London


Ritesh Agarwal career

Ritesh Agarwal founded OYO Rooms in 2013 after starting an Airbnb equivalent named “Oravel Stays” in 2011.

The company received significant recognition, including participating in the Venture Nursery accelerator program and winning the 2013 Thiel Fellowship with a grant of $100,000.

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By September 2018, OYO had raised $1 billion, and Agarwal tripled his stake in July 2019 by purchasing $2 billion in shares.

He was featured in the Forbes 30 under 30 list for Asia and became the youngest Shark to appear on Shark Tank India in 2023.


Ritesh Agarwal fraud case

However, controversies have surrounded Agarwal and OYO. Allegations of cheating by OYO’s co-founder, Manish Sinha, emerged, accusing Agarwal of fraudulent practices during the company’s early days.

Agarwal also faced fines and legal issues in the United States for deceptive business practices regarding OYO’s operations in California and Washington.

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Furthermore, accusations of fraud were made against Agarwal in India, with a case lodged in Dera Bassi for cheating and criminal conspiracy. OYO encountered backlash from 10,000 hotel owners who claimed that the company withheld undisclosed fees, leading to dissatisfaction.

Police cases were filed against OYO in various cities in Karnataka, including Bangalore and Mysore, accusing Agarwal of fraudulent activities. Agarwal managed to secure a stay order on one case in Bangalore, showcasing a mix of legal battles and challenges faced by OYO and its founder.

Ritesh Agarwal Net Worth

Ritesh Agarwal net worth

Ritesh Agarwal net worth is estimated to be $1.2 Billion. He is second richest young self made billionaires in the world.

Ritesh Agarwal Instagram

Ritesh Agarwal instagram handle is @riteshagar

Personal Life

Ritesh Agarwal wife

Ritesh Agarwal got married to his wife Geetansha Sood, on 7 March 2023.

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