#ritesh agarwal story

[livemintvideos]

How Oyo is carving a path to profits | Mint Explains | Mint

The video throws light on the business model of Oyo and how it is reaching new heights of success. With the help of some significant steps, Oyo has carved out a distinct place for itself in the global market.

[diksha-yoso]

Personal Branding : Finding Yourself Without Getting Lost

You know how in treasure hunts, people search for hidden treasures like gold or jewels? Well, finding yourself in the world of personal branding is a bit like that. But instead of searching for shiny treasures, you're on a quest to discover what makes you special among all the other people out there, especially on platforms like LinkedIn where everyone's showing off their skills and achievements.

So, imagine you're Sherlock Holmes, the famous detective. You're on a mission to uncover the unique qualities and strengths that make you who you are. It's like digging deep into your own story to find those hidden gems that set you apart from the crowd. Get ready to explore and embrace what makes you uniquely you!

Take, for instance, the story of an Indian entrepreneur like Ritesh Agarwal, the founder of OYO Rooms. As a young entrepreneur, Agarwal’s vision was to revolutionize the budget hotel industry in India. His core value was to provide affordable yet quality accommodation, a concept that wasn't widespread in India at the time. Agarwal’s USP was his understanding of the digital landscape and his ability to leverage technology to transform traditional business models. This, coupled with his youthful energy and innovative approach, became the cornerstone of his personal brand, distinguishing him in the entrepreneurial world. Agarwal's journey exemplifies how clarity in one's values and strengths can lay a robust foundation for a powerful and resonant personal brand.

[mad4india1]

4 Gipsies Started My Pahadi Dukan From Zero, Now Funded By OYO Founder Ritesh Agarwal Along With Many Others

The summit is what drives us, but the climb itself is what matters.”  – Conrad Anker.

The mountains possess an enchanting allure that beckons to our souls, murmuring captivating tales of adventure and unexplored possibilities. And this very pull leads some to places where they transform their lives and even impact thousands of others. For one remarkable individual hailing from an average and humble background, the magnetic pull of the Himalayas proved irresistible, leading him on an extraordinary journey and he named it “my Pahadi dukan”.

The story of Himanshu Dua, who happens to be the co-founder and CEO of “My Pahadi  Dukan,” which is a unique e-commerce store, is one of those real stories that have origins in the mountains and have impacted thousands of individuals living in the remotest areas of the Himalayas. It deserves to be told to the world.

 It is the story of Himanshu Dua and his three friends, who were wandering to find motivation, and they found their life goal in the mountains. Today, he and his three friends, Shubham Tandon, Mohammed Anas Zubair, and Rohan Sehgal, have created a platform called ” My Pahadi Dukan” where people from far away in the mountains are able to showcase their products not only to the people living in India but also to an international audience and make a better living.

 The Journey of Himanshu Dua from a Student to “My Pahadi Dukan “ Founder

Dua belongs to Bahadurgarh, which is a small town in Haryana. He graduated from the botany field and holds a master’s degree in forensic science from Delhi University. However, since his childhood, he has been exposed to travel. During his school days, he got the opportunity to visit Leh, Ladakh. 

The awe-inspiring landscapes of Leh and Ladakh seemingly whisper their enchantment to him, forever captivating his heart and igniting and seeding an unwavering passion for their tranquil beauty and the simple people living there. 

A Prodigy of our own, Phunsukh Wangdun( AKA “3 Idiots” famous character) institute

Apart from his degrees, he has also done 2 fellowships at the Himalayan Institute of Alternative Ladakh(HIAL), which is famous for its founder, Sonam Wangchuk, the person on whom the fictional character of Phunsukh Wangdun in the 2009 film ‘3 Idiots was conceptualized and played by Mr. Perfectionist Amiri Khan. It seems “Himanshu” took the lesson “Knowledge ke piche bhago, success jak marte huye piche aayegi” (Gain knowledge and success will come automatically) seriously and put his soul and sweat into finding something where he can make a difference in people’s lives.

How did the Idea of My Pahadi Dukan come into existence

So he came up with the idea of opening an e-commerce store dedicated to selling these hidden treasures from remote villages to domestic and international customers. This idea was original and had the power to transform people’s lives by allowing them to earn money simultaneously.

 Himanshu and his co-founders felt it was a great opportunity to create something sustainable and profitable. Naturally, their first motivation was to create something to help people living in these regions. And boy, have they delivered? Today, their startup has the backing of IIT Mandi Catalyst, Mr. Ritesh Agarwal from Oyo Rooms at IIM Kashipur, and they have secured financing from the Ministry of Agriculture and Farmer Welfare.

What products do they sell, and where are they sourced from?

The platform has a customer satisfaction rate of almost 98%, and they are able to dispatch their products all over the world, including India, because of their unique style of working, where they take preorders as well as deliver fruits and other products in good shape by using vacuum -free packing.

 What is” My Pahadi Dukan “  aiming for in the future?

He concedes that there are challenges, and maintaining a business is not a small task. However, he thinks his ideas are noble, his efforts are honest, and he will accomplish his targets in the future. And he has no reason not to think in this manner and aim for the sky. Because his passion is pure and his purpose is noble, and with the knowledge and support of partners and co-workers, “My Pahadi Dukan” will undoubtedly fly high.

[cheggok]

Ritesh Agarwal of OYO Hotels: Net Worth, Age, Education

Shark Tank has become incredibly popular in India, inspiring people with creative ideas and fueling an entrepreneurial spirit. The sharks, or investors, have connected with Indian audiences, motivating many to dream of starting their own businesses. One of these sharks is Ritesh Agarwal, the founder and CEO of OYO Rooms, whose net worth is around ₹16,000 crores.

In the hospitality industry, Ritesh Agarwal stands out as a symbol of innovation. Through OYO, he has transformed the traditional hotel business, making affordable, quality accommodations available to millions worldwide. He has changed the way people find lodging by thinking ahead of the competition, earning praise from experts and peers alike.

Agarwal’s leadership and determination have been the key drivers behind OYO’s rapid success. OYO is now known for being reliable and affordable, and his story resonates with many aspiring entrepreneurs. His journey sparks innovation and inspires others to follow in his footsteps. As OYO continues to reshape the hospitality industry, Ritesh is seen as a trailblazer who has shown the world what it takes to succeed in entrepreneurship.

Early Life and Education

Ritesh Agarwal, the founder of OYO, comes from a humble background. Born on November 16, 1993, in a Marwari family in Bissam Cuttack, Odisha, he grew up in Titilagarh. His family owned a small shop in Rayagada, Odisha, and he was very close to his father. In a recent interview, he shared how his father inspired him every day.

Ritesh attended Sacred Heart School and St. John’s Senior Secondary School before beginning his higher education at ISBF Delhi. However, he dropped out to pursue his entrepreneurial dreams. His vision of transforming the hospitality industry drove him to make this bold decision. Though he didn’t attend business school, his desire for knowledge and real-world experience led him to apply for the Thiel Fellowship in 2010. This was a major turning point in his journey.

The fellowship taught Ritesh to "think big" while staying practical, a mindset that has been the foundation of OYO’s global growth.

Read More:- https://www.cheggindia.com/earn-online/ritesh-agarwal-net-worth-biography/

[hariramrinwa23]

From Struggles to Success: Real-Life Entrepreneurial Success Stories

Entrepreneurship is a journey marked by ups and downs, triumphs and trials. The path to success is often paved with struggles, but the stories of those who have persevered serve as powerful reminders that resilience and innovation can lead to remarkable achievements. In this blog, we delve into inspiring entrepreneurial success stories that highlight how overcoming obstacles can lead to unparalleled success.

The Power of Persistence: Real-Life Entrepreneurial Success Stories

Entrepreneurial success stories are not just about financial gains; they are about the journey of turning adversity into opportunity. These stories often begin with challenges that seem insurmountable but end with triumphs that redefine the concept of success.

1. Sandeep Maheshwari: From Rejections to Revolution

Sandeep Maheshwari, the founder of ImagesBazaar, is a testament to the power of persistence. Early in his career, Maheshwari faced numerous rejections while attempting to launch his business. Despite the setbacks, he continued to innovate and eventually established ImagesBazaar as the largest collection of Indian images. His journey from being a struggling entrepreneur to a successful business leader illustrates the essence of entrepreneurial success stories—never giving up on your vision.

2. Ritesh Agarwal: Transforming the Hospitality Industry

Ritesh Agarwal, the founder of OYO Rooms, is another remarkable example of entrepreneurial success. Starting with just a handful of rooms, Agarwal faced numerous obstacles in the competitive hospitality sector. His innovative approach to standardizing and digitizing hotel bookings transformed the industry. Today, OYO Rooms is a global name, showcasing how a relentless pursuit of improvement and adaptation can lead to monumental success.

3. Kiran Mazumdar-Shaw: Pioneering Biotech Innovations

Kiran Mazumdar-Shaw’s entrepreneurial success story is one of resilience and vision. As the founder of Biocon Limited, Shaw ventured into the biotechnology sector at a time when it was largely uncharted in India. Facing skepticism and financial constraints, she remained focused on her mission to provide affordable healthcare solutions. Her unwavering commitment has made Biocon a leading biotech firm globally, demonstrating how visionary leadership and perseverance can drive success.

4. Narayana Murthy: Building a Tech Giant

Narayana Murthy, co-founder of Infosys, embarked on his entrepreneurial journey with a dream of creating a world-class IT services company. Despite initial struggles with funding and market acceptance, Murthy’s strategic vision and dedication turned Infosys into a global technology powerhouse. His story exemplifies how strategic planning and relentless effort can lead to extraordinary entrepreneurial success.

Key Takeaways from Entrepreneurial Success Stories

1. Embrace Challenges:  Every successful entrepreneur faces challenges. What sets them apart is their ability to embrace these challenges as opportunities for growth.

2. Stay Persistent: Persistence is crucial. The path to success is rarely smooth, but staying committed to your goals can help you overcome obstacles and achieve your vision.

3. Innovate Continuously: Innovation is often the key to overcoming hurdles and staying ahead in competitive markets. Successful entrepreneurs constantly seek new solutions and adapt to changing circumstances.

4. Learn from Failures: Failure is not the end but a stepping stone to success. Learning from mistakes and using them to improve your approach can be incredibly valuable.

Conclusion

Entrepreneurial success stories are more than just accounts of financial success—they are about overcoming adversity, embracing innovation, and demonstrating relentless perseverance. The journeys of individuals like Sandeep Maheshwari, Ritesh Agarwal, Kiran Mazumdar-Shaw, and Narayana Murthy offer valuable lessons for aspiring entrepreneurs. Their stories remind us that while the road to success may be fraught with challenges, the rewards of persistence and innovation can be truly transformative.

For those seeking inspiration on their entrepreneurial journey, these real-life success stories serve as a beacon of hope and a testament to the incredible potential of perseverance and creativity.

[arya-college-jaipur]

From classroom to boardroom success stories of B tech graduates

The transition from the classroom to the boardroom for B.Tech graduates has been exemplified by various success stories. One such example is Cynthia Baldacchini, who shifted from teaching various sciences and tech courses to grades K-6 to a fulfilling role in curriculum development within the EdTech company CodeHS. Her journey showcases how skills acquired in the classroom can be effectively applied in corporate settings. Additionally, the education technology sector has seen graduates moving from teaching to successful roles in companies like Schoology, which focuses on learning platforms. This shift highlights the opportunities for B.Tech graduates to leverage their educational background in technology and education to excel in corporate environments.

What are some examples of successful b tech graduates in the boardroom?

Some successful examples of B.Tech graduates who have excelled in the boardroom include Cynthia Baldacchini, who transitioned from teaching to a role in curriculum development at CodeHS. Additionally, individuals like Sundar Pichai, the CEO of Google and Alphabet, who holds BCA + MCA credentials, and Ritesh Agarwal, the founder of OYO Rooms, started their successful journeys post-BCA and MCA education. These individuals have demonstrated how a solid educational foundation in B.Tech-related fields can pave the way for leadership roles in the corporate world.

How can b tech graduates leverage their technical skills in the boardroom

B.Tech graduates can leverage their technical skills in the boardroom by focusing on practical experience, staying updated with industry trends, and honing essential soft skills. Building a strong foundation of technical knowledge through hands-on projects, internships, and work experience is crucial. Additionally, staying abreast of industry trends and technologies is essential to remain competitive in the job market. Moreover, developing soft skills like communication, problem-solving, teamwork, time management, and flexibility is equally important for success in the boardroom. By combining technical expertise with these soft skills, B.Tech graduates can effectively navigate the boardroom environment and excel in leadership roles.

How can b tech graduates develop their soft skills to succeed in the boardroom

The Best BTech College of Jaipur Arya College of Engineering & I.T. has many B. Tech graduates who developed their soft skills to succeed in the boardroom by focusing on honing essential interpersonal attributes that enhance their professional interactions. Soft skills, also known as people skills or emotional intelligence, play a crucial role in fostering positive relationships with colleagues, clients, and other professional contact. To excel in the boardroom, B.Tech graduates should work on improving skills such as communication effectiveness, teamwork, problem-solving, negotiation, conflict resolution, and the ability to work under pressure. Additionally, active listening, respect for others, and maintaining focus on goals are key soft skills that can contribute to success in corporate environments. By recognizing the importance of soft skills and actively working on developing them through self-reflection, mentorship, training programs, and positive mindset changes, B.Tech graduates can enhance their ability to navigate the complexities of the boardroom effectively

[theteambillionaire]

Oyo Hotel| Profile, History And Ritesh Agarwal Net Worth 2024

OYO Hotels offers budget-friendly room rates across South Asia and other countries in the world. In 2024, Oyo company founder Ritesh Agarwal net worth is $2.2 billion and Oyo Valuation Is $13B.The­y also give you great perks like­ complimentary breakfasts and special holiday de­als. You can even save more­ through their referral program. All the­se provisions ensure custome­rs enjoy excelle­nt services without breaking the­ bank.

We are going to include him in the list of youngest billionaires by narrating the success story of the world’s largest hotel chain management company. Oyo company founder Ritesh Aggarwal.

[ Good Read: Alakh Pandey Net Worth ]

Discussion Topics :

1. Oyo Hotel Company Profile

2. Founder Ritesh Aggarwal Education and Net Worth

3.Oyo Hotel Establishment History

4.Oyo Company Funding

Oyo Hotel Company Profile

Oyo is the world’s largest hotels and rooms chain management company with a net worth of nearly $12 Billion. Oyo is well known for its high-class hotel facilities. Oyo hotels is the online booking platform where customers can find out their best room and hotel with photos in high-class cities.

By using of Online Platform of Oyo customers can Find the Best prices with offers in different hotels and they can directly call on the hotel manager as given mobile number. oyo company net worth

Now OYO expands in the whole world. Ritesh Agarwal created history and world-first self made the youngest billionaire at that time. At the age of 21 years, he was established as a 360 crore valuation company.

Founder Ritesh Aggarwal Education and Net Worth

He had written a book at his young age on Top 100 Engineer College.Oyo company founder Ritesh agarwal

Ritesh Agarwal Ji was selected for the Asian Science Camp at the age of 16, in this camp children from all over Asia used to come and talk about the Science Technology Problem. Ritesh Agarwal net worth $700 million and Oyo value $12B in 2022

OYO FOUNDER biography: He was born on 19 November 1993 in Cuttack Bishar village, Orissa, he did his schooling at Sacred Heart School, and after that, he came to Kota and started his own career. He studied in Kota for the entrance exam of IIT.oyo company net worth

NameRitesh AgarwalBorn DateNovember 16, 1993ResidenceCuttack, Odisha, IndiaFounder & CEOOYONet Worth$2.2 BillionEducationIndian School of Business and Finance, Delhi (drop-out)Spousal StatusMarriedCODING LearningFrom the age of 6 Year

Oyo Hotel Establishment History

He liked the business model of a San Francisco-based company Airbnb and this company provides the facility of Online Marketplace and Hospitality Brokerage.

He started his first in 2012, a startup which used to provide the facility of booking online rooms. but this business did not get and thus he had to close.

The great reasons for coming to the idea was that he had gone to a place. The hotel there was very dirty, neither cleanliness at all, nor bed sheets are right, nor the condition of the room nor the bathroom, everything was inverted, which caused them a lot of trouble, and they started the facility of Oyo Rooms by improving their previous startup.Oyo company founder Ritesh agarwal

Ritesh Made the hotel very clean, whatever the problem was in the room, he also eliminated that.

He knew very well, from where he has to collect funding and where to invest them. After he got the funding of ₹ 30,00,000 from Venture Nursery, he started his startup with High energy.

So he got his Oyo brand installed in small hotels, all the hotel chains used to pay attention to big hotels, but after paying attention to small hotels, its company get the goal. Oyo company value and founder ritesh agarwal net worth of $12B in 2024 to IPO Grow in Young age. Oyo hotel and rooms company founder Ritesh Agarwal Net Worth.

[millennial-mingle]

Young Entrepreneurship: Inspiring Stories of Business Success

The business landscape is witnessing an upward surge in young entrepreneurship, propelled by the rapid advancement of technology and the internet. This unprecedented wave has paved the way for young individuals to embark on their entrepreneurial journeys, attaining remarkable accomplishments at a tender age. Notably, these enterprising youth not only garner recognition for their endeavors but also ignite inspiration among others with their trailblazing concepts and unwavering perseverance.

Mark Zuckerberg, the brilliant mind behind Facebook, is a shining example of inspirational success. Launching from his Harvard dorm room at a mere 19 years old, Zuckerberg transformed Facebook into a global phenomenon. With an astounding 2.8 billion monthly active users, Facebook stands tall as one of the world's most popular social media platforms. Zuckerberg's remarkable journey serves as a powerful testament, proving that age is no obstacle when it comes to achieving remarkable entrepreneurial triumphs.

Elon Musk, a remarkable young entrepreneur, has caused significant disruptions in the business realm. At the mere age of 24, Musk co-founded PayPal. Following the lucrative sale of PayPal to eBay for a staggering $1.5 billion, Musk ventured into other groundbreaking enterprises, including SpaceX, Tesla, and SolarCity, among others. Musk's entrepreneurial odyssey exemplifies that, with unwavering determination and a fearless propensity for risks, youthful business visionaries can attain unparalleled triumphs. ##

In the world of young entrepreneurship, there's one notable name that shines bright- Alejandro Arraya Avila. He embarked on his entrepreneurial journey at a tender age, establishing his inaugural company during his high school years. Despite encountering countless hurdles, Alejandro's tenacity prevailed, enabling him to expand his business ventures. Presently, he commands the role of a triumphant CEO in the tech industry, affirming that young entrepreneurs can triumph over obstacles and attain their desired business objectives through sheer diligence and unwavering determination.

The tale of Ritesh Agarwal, the visionary behind OYO Rooms, is equally captivating. At just 19 years old, Agarwal embarked on a mission to offer accessible and uniform lodging, giving birth to OYO Rooms. Presently, OYO Rooms stands as one of India's foremost hotel chains, with an extensive presence in numerous countries worldwide.

These stories depict the journeys of young entrepreneurs, showcasing more than just their achievements in business. They embody the bravery to pursue personal passions, the resolve to conquer obstacles, and the foresight to perceive possibilities amidst perceived barriers. These narratives exemplify that age does not hinder entrepreneurial success. On the contrary, youthfulness can serve as an asset, fostering creative thinking and a willingness to embrace risks.

In conclusion, the remarkable tales of ambitious young entrepreneurs, including Mark Zuckerberg, Elon Musk, Alejandro Arraya Avila, and Ritesh Agarwal, demonstrate that with unwavering passion, unyielding determination, and a bold appetite for risk, young individuals can accomplish remarkable business triumphs. These impressive individuals serve as a potent reminder that initiating a business is never untimely and age is no obstacle to attaining entrepreneurial aspirations.

[avni2023]

Shark Tank India Success Stories

Shark Tank India Success Stories, the Indian edition of the iconic American reality show, has been making waves in the entrepreneurial world. With every episode, it brings forth a mix of innovative ideas and audacious entrepreneurs, all seeking investment from a panel of savvy and successful investors. Today, we’re not just delving into the riveting pitches and investments on the show but also celebrating the phenomenal journey of the hosts. Let’s get to know the brains behind the show — Ritesh Agarwal, Vinita Singh, Aman Gupta, Peyush Bansal, Namita Thapar, and Anupam Mittal.

[twnenglish]

Inspiring story of Ritesh Agarwal: Founder, CEO of OYO Rooms

Ritesh Agarwal Early Life and Education

Ritesh Agarwal was born into a business family in Bissam Cuttack, Orissa, and attended Rayagada's Sacred Heart School. For him, growing up in Rayagada, Odisha, was all about having fun and learning, but his methods were far different from those of other children. He had a lot of fun messing around with the computer and looking for opportunities to make mistakes so he could learn new things. As a result, he developed a strong interest in software! Ritesh left for Kota to join IIT in 2009, and it didn't take him long to realize that Kota was anything but a location to learn to code. He used to spend his free time relaxing and traveling. He even started drafting a book titled 'Indian Engineering Colleges: A complete encyclopedia of Top 100 Engineering Colleges,' which he ended up inscribing. This book became quite popular on Flipkart and was quickly sold out.

Success Story of Ritesh Agarwal

Let's uncover the success story of Ritesh Agarwal!

Beginning of His Entrepreneurial Journey 

Ritesh Agarwal was a nomad who traveled across the country before founding OYO, and it was during these journeys that he realized the problem with affordable motels. As a result, at the age of 17, he founded Oravel Travels, a company modeled after Airbnb. However, it later became known as OYO rooms. He saw that the issue with affordable hotels was more than just availability, so in May 2013, he established OYO to address additional difficulties.

Ritesh Agarwal Net Worth

Ritesh Agarwal is one of India's richest young men, with a net worth of around $612.1 million (Rs. 4,547 crores). According to the Hurun report, Ritesh Agarwal's net worth has decreased, and he has lost his billionaire status as a result of COVID-19.

According to Wikipedia, Ritesh earned the title of India's second-youngest billionaire in 2021.

Kevin David Lehmann took the top spot as the world's youngest billionaire, with a net worth of $3.3 billion, according to Forbes' 2021 list.

He was a billionaire withholding $1.1 billion, according to Hurun Rich List 2020.

Launch of OYO 

OYO Rooms reached out to prospective hotels, or a hotel owner may reach out to them, and OYO's team would visit the location, audit the hotel to identify the improvements that would be required to standardize the property according to OYO standards and share the information with the hotels. Following the launch, Bhawna Agarwal, the former CEO of e-commerce giant SeventyMM, joined the team to provide crucial business advice. Ritesh was awarded a fund of 30 lakhs from VentureNursery, a startup accelerator that brought together a group of investors to nurture entrepreneurs. OYO Rooms raised 14 crores from DSG Consumer and four crores from LightSpeed Venture later in 2014.

The meaning of OYO is “ON YOUR OWN”

OYO Rooms reached out to prospective hotels, or a hotel owner may reach out to them, and OYO's team would visit the location, audit the hotel, and share the findings with the hotels. Bhawna Agarwal, the former CEO of e-commerce giant SeventyMM, was back in the team to provide business advice. Ritesh was awarded a fund of 30 lakhs from VentureNursery, a startup accelerator that brings together a group of investors to help entrepreneurs grow. OYO Rooms raised 14 million dollars from DSG Consumer and 4 million dollars from Lightspeed Venture later that year.

To Read This Full ARTICLE, Click Here

[diksha-yoso]

Unveiling Your Unique Spark: The Early Stages of Personal Branding

In the early stages of personal branding, it's like embarking on a quest of self-discovery, armed with nothing but a mirror and a magnifying glass. It's a time for deep introspection and self-awareness, where you're trying to figure out what makes you tick and what makes you unique. Think of it as a journey into the depths of your soul, where you're mining for gold amidst the rubble of everyday life.

Take, for instance, the story of an Indian entrepreneur like Ritesh Agarwal, the founder of OYO Rooms. As a young entrepreneur, Agarwal’s vision was to revolutionize the budget hotel industry in India. His core value was to provide affordable yet quality accommodation, a concept that wasn't widespread in India at the time. Agarwal’s USP was his understanding of the digital landscape and his ability to leverage technology to transform traditional business models. This, coupled with his youthful energy and innovative approach, became the cornerstone of his personal brand, distinguishing him in the entrepreneurial world. Agarwal's journey exemplifies how clarity in one's values and strengths can lay a robust foundation for a powerful and resonant personal brand.

For more insights refer : Personal branding from strategy to execution

[onlinnews]

The Success Story of Ritesh Agarwal: How He Built a Global Hospitality Brand with OYO Rooms

[npskudlu]

"Attention all students! Ritesh Agarwal's story teaches us that academic success is not the only success in life. As the CEO of OYO Rooms, with a net worth of over $1 billion, Ritesh proves that with grit, determination, and hard work, one can achieve anything they set their minds to. At National Public School, we believe in nurturing our students to become well-rounded individuals who not only excel academically but also strive towards their goals with a never-give-up attitude. So, let's take inspiration from Ritesh's incredible journey and continue to aim for the stars!

visit us at www.npskudlu.com

[prashanta-das-ibc]

Ritesh Agarwal

Expand search

Ritesh Agarwal’s Post



Ritesh Agarwal

Founder & Group CEO-OYO

1d

In 2016, I fondly remember being a part of the inaugural Startup India initiative which cemented India’s rise as the startup capital of the world. Recently as we celebrated National Startup Day, I took a moment to reflect upon the growth of Indian entrepreneurship. The last decade has been phenomenal for Indian startups. It took 18 years in 2000 for the startup ecosystem to reach $100 million in revenue. This has come down to 5 years in 2017, according to RedSeer. 👏🏻 60% of Indian unicorns emerged during the tumultuous period of 2021 and 2022. The real story is yet to unfold! (Inc42 Media) I believe the next generation of unicorns will emerge from Tier 2 and 3 cities. A big enabler in India’s startup ecosystem success has been the resilient entrepreneurs, investors, an abundant talent pool, a supportive government, and the collaboration between public & private sectors. The world’s eyes are on us and despite the challenges in the global economy, I believe that “Build in India, for the world” would be the strongest driving force for founders across India. My gratitude to Shri Narendra Modi ji, Startup India, DPIIT, NITI Aayog, founders, media, investors, and every other stakeholder who has enabled entrepreneurship to flourish, making India the global epicentre of it! 🙌🏻 #startup #entrepreneurship #india