What is the caste of Ritesh Agarwal?

Ritesh Agarwal, the founder of OYO Rooms, comes from a Marwari family, which is a business community from the Marwar region of Rajasthan, known for commerce; his family ran a small shop in Odisha where he was raised.

Is Ritesh Agarwal South Indian?

Ritesh Agarwal was born in a Marwari family in Bissam Cuttack, Orissa, India and was brought up in Titilagarh. His family operated a small shop in Rayagada, Odisha. He completed his schooling at Sacred Heart School, and later at St. John's Senior Secondary School, before moving to Delhi in 2011 for college.

Can Ritesh Agarwal speak Odia?

I can speak Odiya, Telugu, apart from Hindi and a little bit of Rajasthani, so, truly Indian from that context.

Is Ritesh Agrawal from IIT?

Before becoming one of India's youngest self-made billionaires, Ritesh failed the IIT entrance exam and even sold SIM cards just to survive. Instead of giving up, he kept learning, pitching, and building when nobody believed in him.

Is Ritesh Agarwal a CA?

My background as a Chartered Accountant and Company Secretary (achieving AIR-3 in CS) provides a foundation of financial discipline and strategic thinking.

OYO Founder Ritesh Agarwal's Speech Leaves Audience Speechless | Youngest BILLIONAIRE from India

Is Ritesh Agarwal veg?

Agarwal explained that as a vegetarian, he struggles to meet his daily quota of protein. This is where the protein water comes in handy.

Is OYO a profit or loss?

As per the company's annual report 2024-25, OYO clocked a profit after tax (PAT) of over Rs 200 crore in Q1 FY26, a sharp jump from Rs 87 crore in the same quarter last year.

Who is the youngest billionaire in India?

Top Youngest Billionaires in India (2026)

• Sridhar Vembu (Net Worth – $5.85B)
• Nikhil Kamath (Net Worth: $3.1B)
• Bhavish Aggarwal (Net Worth: $2.3B)
• Ritesh Agarwal (Net Worth: $2.1B)
• Deepinder Goyal (Net Worth: $1.8B)
• Vijay Shekhar Sharma (Net Worth: $1.5B)
• Binny Bansal (Net Worth: $1.4B)

Who is richer, Ritesh Agarwal or Ashneer Grover?

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. 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.

Why did Ritesh go to Kota?

Driven by a thirst for knowledge and a different path, Ritesh Agarwal moved to Kota, Rajasthan. This city was renowned for its coaching institutes catering to students aspiring to crack the IIT-JEE engineering entrance exam.

What is the downfall of OYO?

Not long after OYO's rapid growth in China, it began to encounter challenges that resulted in the company's downfall. The company struggled with profitability, and faced issues like poor operations, data fraud and conflicts with hotel owners, which intensified after the outbreak of Covid-19.

Who is the youngest billionaire in Odisha?

Ritesh Agarwal dropped out of college with ₹25,000 and became India's youngest billionaire by 23. His secret? He didn't just build a startup.

Which is correct, Odia or Oriya?

The Odia (ଓଡ଼ିଆ), formerly spelled Oriya, are an Indo-Aryan ethno-linguistic group native to the Indian state of Odisha who speak the Odia language.

Who is the richest Agarwal family?

Anil Agarwal (born 1954), is an Indian billionaire businessman who is the founder and chairman of Vedanta Resources Limited. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business.

Who is Ritesh Agarwal?

Ritesh Agarwal is the Founder and Group CEO of PRISM (parent of OYO).

Who is the richest shark in India?

Ritesh Agarwal is the richest shark in Shark Tank India. For more information refer to the tables below to find all information about the sharks and their companies.

Who is the no. 1 richest person in India?

As of late 2025, Mukesh Ambani, chairman of Reliance Industries, consistently ranks as India's #1 richest man, with a net worth around $105-$116 billion, leading ahead of Gautam Adani & family. His wealth stems from Reliance's diverse interests in petrochemicals, telecom (Jio), retail, and green energy, though figures vary slightly by publication and exact date.
 

Was Rakesh Jhunjhunwala a CA?

He would listen to his father talks about stocks, and slowly, he started developing an interest. Jhunjhunwala was also a certified Chartered Accountant (CA) and completed his education in 1985. After completing his CA, he wanted to enter the stock market.

Who is the youngest billionaire in Bangalore?

Nikhil Kamath (born 5 September 1986) is an Indian entrepreneur and investor. He is the co-founder of Zerodha, a retail stockbroker, and True Beacon, an asset management company. As of December 2025, Kamath is worth $3.3 billion, according to Forbes.

Who is the richest child in India?

The Heirs Apparent: Inheriting India's Largest Fortune

At the top of this list are the Ambani siblings: Akash, Isha and Anant (with a net worth of ₹3.5 lakh crore each). You simply can't discuss the wealthiest youngsters without them.

Which Indian city has the most millionaires?

*Cities With Most Millionaires in 2025* 1. Mumbai 1,42,000 millionaire households India's undisputed wealth capita 2. New Delhi 68,200 millionaire households Noted for a combination of commerce, administration, and real estate-driven prosperity.

Why did OYO fail?

In April 2021, the National Company Law Appellate Tribunal (NCLAT) initiated an insolvency resolution process on OYO on the basis of a hotelier's petition over a monetary dispute with the company.

Is OYO successful in the USA?

OYO HOTELS & Homes has successfully hit the 100+ hotels milestone in the United States. This is a major milestone for the young hotel startup and a testament to how the company is continuing to maintain its growth momentum.