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The deal is with 50 hotels in the country for more than 3,000 rooms across seven cities.
From a regular 17-year-old to the owner of a million-dollar company at the age of 22, Ritesh Agarwal's story is what fantasies are made of.
There are a lot of successful Indian entrepreneurs who are actually college dropouts and could make it big only because of their zeal to succeed.
We are all aware of OYO rooms which is a very successful start-up. Sadly, we hardly know anything about the man behind OYO rooms.
The teenage boy – Ritesh Agarwal is the Founder & CEO of OYO Rooms – fastest growing Branded network of hotels offline & online.
According to a report shared by the OYO Rooms, SoftBank-backed budget hotel room aggregator OYO Rooms said it has attained profitability at an aggregate level, which means, on an average, they are making profit on every room sold.