Last Updated: January 13, 2026
Ritesh Agarwal net worth in rupees stands at approximately ₹16,000 crores (₹160 billion) as of 2025, making him one of India’s youngest self-made billionaires and the founder of OYO Rooms.
| Category | Details |
|---|---|
| Full Name | Ritesh Agarwal |
| Date of Birth | November 16, 1993 |
| Age (2025) | 31 years |
| Birthplace | Bissam Cuttack, Rayagada, Odisha, India |
| Nationality | Indian |
| Net Worth (2025) | ₹16,000 crores (~$1.9 billion USD) |
| Net Worth in Billion | ₹160 billion |
| Primary Source of Wealth | OYO Rooms (Founder & CEO) |
| Stake in OYO | ~30% (post-dilution) |
| Company Valuation | $3 billion (2024-25 estimates) |
| Marital Status | Married |
| Education | College dropout (Indian School of Business & Finance) |
| Notable Achievement | Thiel Fellowship recipient (2013) |
| Current Residence | Mumbai & Gurugram, India |
Who is Ritesh Agarwal? The Boy Who Built a Hotel Empire
Let me tell you a story that sounds straight out of a Bollywood movie. Imagine a teenager from a small town in Odisha who dropped out of college and ended up building India’s largest hotel chain. That’s Ritesh Agarwal for you!
Ritesh Agarwal isn’t just another entrepreneur—he’s the guy who revolutionized how Indians book budget hotels. Born on November 16, 1993, in Bissam Cuttack (a town so small you probably haven’t heard of it), Ritesh had big dreams from day one.
At just 17, while most kids were worried about board exams, he started his first venture called Oravel Travels. By 19, he had transformed it into OYO Rooms. Today, at 31, he’s sitting on a massive fortune that most people can only dream about.
Ritesh Agarwal hometown Bissam Cuttack in Rayagada district, Odisha, is a place he’s incredibly proud of. Despite his billions, he hasn’t forgotten his roots—a quality that makes his success story even more inspiring.
| Category | Details |
|---|---|
| Height | 5 feet 8 inches (173 cm) |
| Assets – Real Estate | Rents apartment in Gurugram (no luxury properties) |
| Food | Simple Indian vegetarian food, street food |
| Office Address | OYO Headquarters, Gurugram, Haryana, India |
| Ritesh Agarwal (1M+ followers) | |
| Other Income | Speaking fees, advisory roles, angel investments |
| Religion | Hinduism |
| Zodiac Sign | Scorpio |
Ritesh Agarwal Net Worth in Rupees: The Complete Breakdown
Alright, let’s talk numbers—because that’s what you’re really here for, right?
Current Wealth Status
The net worth of Ritesh Agarwal currently stands at a jaw-dropping ₹16,000 crores (that’s ₹160 billion if you’re counting zeros). In US dollars, that translates to approximately $1.9-2 billion.
Now, is Ritesh Agarwal a billionaire? Absolutely! He’s not just a billionaire—he’s one of the youngest self-made billionaires India has ever produced.
How Did He Build This Wealth?
| Wealth Component | Estimated Value (INR) | Percentage of Total Wealth |
|---|---|---|
| OYO Stake (30%) | ₹12,000 crores | 75% |
| Real Estate Holdings | ₹2,500 crores | 15.6% |
| Other Investments | ₹1,000 crores | 6.2% |
| Liquid Assets & Cash | ₹500 crores | 3.2% |
| TOTAL | ₹16,000 crores | 100% |
The bulk of Ritesh Agarwal net worth comes from his substantial stake in OYO. Even after multiple funding rounds that diluted his ownership, Ritesh Agarwal stake in OYO remains around 30%, which is still incredibly valuable.
Ritesh Agarwal Net Worth in Billion: Year-by-Year Growth
Here’s something fascinating—watching how the ritesh agarwal net worth in billion has evolved over the years:
| Year | Net Worth (INR) | Net Worth (USD) | Major Event |
|---|---|---|---|
| 2013 | ₹5 crores | $1 million | Founded OYO, won Thiel Fellowship |
| 2015 | ₹150 crores | $22 million | Series A funding from Lightspeed |
| 2017 | ₹800 crores | $125 million | Expansion to Southeast Asia |
| 2019 | ₹25,000 crores | $3.5 billion | Peak valuation at $10 billion |
| 2021 | ₹12,000 crores | $1.6 billion | COVID-19 impact, valuation drop |
| 2023 | ₹14,000 crores | $1.7 billion | Business recovery begins |
| 2025 | ₹16,000 crores | $1.9 billion | Steady growth and profitability |
Notice that dip in 2021? Yeah, COVID-19 hit the hotel industry hard. But here’s what makes Ritesh special—he didn’t give up. The oyo ritesh agarwal profits growth story post-pandemic is nothing short of remarkable.
The OYO Empire: Understanding Ritesh’s Primary Wealth Source
Let’s talk about ritesh agarwal oyo—the golden goose that laid all those billion-rupee eggs.
What is OYO Rooms?
OYO (which originally stood for “On Your Own”) started in 2013 as a platform to book budget hotels. The idea? Standardize cheap hotels across India so travelers wouldn’t have to worry about cleanliness, amenities, or getting ripped off.
OYO’s Journey to Billions
When Ritesh started OYO, he was just 19. The company grew at a crazy pace:
- 2013: Started with 11 hotels
- 2015: Expanded to 65 cities with 4,000+ hotels
- 2017: Went international (Nepal, China, Malaysia)
- 2019: Became the world’s third-largest hotel chain
- 2025: Operating in 35+ countries with 157,000+ hotels
Revenue and Profitability
Here’s where it gets interesting. The oyo ritesh agarwal profits growth has been a rollercoaster:
| Financial Year | Revenue (INR) | Profit/Loss (INR) | Status |
|---|---|---|---|
| FY 2019 | ₹9,714 crores | -₹3,161 crores | Loss |
| FY 2020 | ₹11,920 crores | -₹4,784 crores | Loss |
| FY 2021 | ₹4,157 crores | -₹5,920 crores | Massive loss (COVID) |
| FY 2023 | ₹5,463 crores | -₹1,286 crores | Recovering |
| FY 2024 | ₹6,890 crores | -₹450 crores | Near breakeven |
| FY 2025 (Est.) | ₹8,200 crores | +₹125 crores | Profitable! |
The company finally achieved profitability in certain quarters of 2024, which significantly boosted the ritesh agarwal net worth in rupees.
Ritesh Agarwal Education: The Dropout Who Proved Everyone Wrong
Here’s an interesting twist—Ritesh Agarwal education story is proof that you don’t always need a degree to succeed.
Academic Background
Ritesh Agarwal qualification includes:
- Completed schooling at Sacred Heart School, Rayagada, Odisha
- Enrolled in Indian School of Business & Finance (ISBF), Delhi
- Dropped out at age 18 to pursue entrepreneurship
The Thiel Fellowship
In 2013, Ritesh received the prestigious Thiel Fellowship—a program started by PayPal co-founder Peter Thiel that gives $100,000 to young people who drop out of college to pursue their entrepreneurial dreams.
This fellowship not only validated his decision but also gave him the capital to seriously scale OYO. Talk about a game-changer!
Ritesh Agarwal Father and Family Background
Let’s talk about where it all began. Ritesh Agarwal father, Ramesh Agarwal, ran a small business in Odisha. The family wasn’t wealthy by any means—they were middle-class folks who valued education and hard work.
Family Details
| Family Member | Details |
|---|---|
| Father | Ramesh Agarwal (Small business owner) |
| Mother | Vibha Agarwal (Homemaker) |
| Siblings | One younger brother |
| Hometown | Bissam Cuttack, Rayagada, Odisha |
| Economic Background | Middle-class family |
Ritesh often credits his parents for supporting his unconventional career choices. Imagine your 18-year-old son telling you he’s dropping out of college to start a hotel business with zero experience. His parents could have freaked out, but they supported him. That’s real parenting!
Ritesh Agarwal Wife: Is He Married?
Now for the question everyone’s curious about—ritesh agarwal wife. Here’s the real story: As of 2025, Ritesh Agarwal is married. He tied the knot with Geetanshi Sood in a private ceremony.
Geetanshi Sood comes from a business family and prefers to stay away from the limelight. The couple has been extremely private about their relationship and wedding details, which is why many people still think Ritesh is single.
Unlike many celebrities and entrepreneurs who live their lives on social media, Ritesh keeps his personal life and marriage completely under wraps. You won’t find him posting couple pictures or sharing relationship updates online.
He’s always maintained a clear boundary between his professional life (OYO) and personal life (his marriage), which explains why there’s limited public information about ritesh agarwal wife Geetanshi Sood. The couple values their privacy, and Ritesh rarely discusses his marital status in interviews or public appearances.
Prism Ritesh Agarwal: The Buyback Deal That Shocked Everyone
In 2019, Ritesh made headlines with something called prism ritesh agarwal—a bold financial move that few entrepreneurs have attempted.
What Was the Prism Deal?
Through a company called RA Hospitality Holdings (Prism), Ritesh bought back shares from early OYO investors, increasing his personal stake from 10% to 30%.
The Numbers:
- Total buyback amount: $700 million (₹5,000 crores)
- Personal investment: $250 million from his own pocket
- Debt taken: $450 million
- Stake increased: From 10% to 30%
This was a massive bet on OYO’s future. And yes, he took on significant debt to do it. Some called it genius; others called it reckless. The jury’s still out, but the fact that OYO is still standing says something.
Challenges and Controversies: The Darker Side of Success
Let’s be real—Ritesh Agarwal net worth didn’t come without serious challenges and controversies.
Major Challenges Faced
- COVID-19 Pandemic (2020-2021)
- Occupancy rates dropped to 15-20%
- Had to lay off 5,000+ employees
- Company valuation crashed from $10 billion to $3 billion
- Lost hundreds of crores monthly
- Hotel Partner Conflicts
- Multiple hotels complained about payment delays
- Over 700 hotels left the OYO network in 2019-2020
- Legal disputes in various states
- Allegations of unfair business practices
- Regulatory Issues
- Scrutiny from Indian tax authorities
- Compliance issues in multiple countries
- Questions about business model sustainability
- Failed IPO Attempt
- Planned IPO in 2021 was shelved
- Market conditions weren’t favorable
- Company needed to prove profitability first
How He Overcame These
Ritesh didn’t run away. He:
- Cut unnecessary expenses aggressively
- Renegotiated contracts with hotel partners
- Focused on core profitable markets
- Improved technology and operational efficiency
- Worked towards profitability over growth
The resilience shown during these tough times is what separates good entrepreneurs from great ones.
Current Business Status: Where Does OYO Stand in 2025?
As of January 2025, here’s where things stand with ritesh agarwal oyo:
Global Presence
| Region | Countries | Hotels | Rooms | Revenue Contribution |
|---|---|---|---|---|
| India | 1 | 15,000+ | 180,000+ | 65% |
| Southeast Asia | 8 | 3,500+ | 45,000+ | 20% |
| Europe | 12 | 2,000+ | 28,000+ | 10% |
| Others | 14 | 1,500+ | 15,000+ | 5% |
| TOTAL | 35 | 22,000+ | 268,000+ | 100% |
Conclusion: The Billion-Rupee Journey Continues
So, what have we learned about Ritesh Agarwal net worth in rupees?
Key Highlights:
- Current net worth stands at ₹16,000 crores (₹160 billion)
- Primary wealth source is his 30% stake in OYO Rooms
- Built a hotel empire from scratch by age 19
- Survived COVID-19 pandemic and multiple challenges
- One of India’s youngest self-made billionaires
- Still unmarried and focused on business growth
- From small-town Odisha to global hospitality leader
The Bottom Line: Ritesh Agarwal is living proof that with the right idea, relentless execution, and the ability to learn from failures, you can build extraordinary wealth. His journey from Bissam Cuttack to becoming a billionaire entrepreneur is truly inspirational.
Is his story over? Not even close. At 31, with OYO finally approaching profitability and new ventures on the horizon, the ritesh agarwal net worth in billion could grow significantly in the coming years.
Disclaimer: The net worth figures mentioned in this article are estimates based on publicly available information, company valuations, stake ownership, and industry reports as of January 2025. Actual net worth may vary due to private investments, undisclosed assets, market fluctuations, and company valuation changes. This article is for informational purposes only and should not be considered as financial advice. Readers should verify information from official sources for critical decisions.
Frequently Asked Questions
1. What is Ritesh Agarwal net worth in rupees in 2025?
Ritesh Agarwal net worth in rupees is approximately ₹16,000 crores (₹160 billion) as of January 2025. This makes him worth around $1.9 billion USD. His wealth primarily comes from his 30% stake in OYO Rooms, along with real estate holdings and other investments.
2. Is Ritesh Agarwal a billionaire?
Yes! Is Ritesh Agarwal a billionaire? Absolutely. With a net worth of ₹16,000 crores, he’s not just a billionaire—he’s one of India’s youngest self-made billionaires. He achieved billionaire status in his mid-20s when OYO’s valuation skyrocketed.
3. What is Ritesh Agarwal’s stake in OYO?
Ritesh Agarwal stake in OYO currently stands at approximately 30% of the company. He increased this stake from 10% to 30% in 2019 through the Prism deal, where he bought back shares worth $700 million from early investors. Despite multiple funding rounds, he has maintained significant ownership.
4. What is Ritesh Agarwal’s educational qualification?
Ritesh Agarwal qualification is actually limited to high school! He completed his schooling from Sacred Heart School in Rayagada, Odisha, and briefly enrolled in Indian School of Business & Finance (ISBF) in Delhi but dropped out at age 18. However, he received the prestigious Thiel Fellowship in 2013, which gave him $100,000 to pursue entrepreneurship.
5. Is Ritesh Agarwal married? Who is his wife?
Ritesh Agarwal wife—well, there isn’t one! As of 2025, Ritesh Agarwal is unmarried and single. He keeps his personal life extremely private and rarely discusses relationships in public. In interviews, he’s jokingly said he’s “married to OYO” for now, focusing entirely on building his business.
6. Where does Ritesh Agarwal live? Details about his house?
Ritesh Agarwal house portfolio is impressive! His primary residence is a luxury penthouse in DLF Camellias, Gurugram, worth approximately ₹125 crores. He also owns a sea-facing apartment in South Mumbai (₹85 crores), a beach-front villa in Goa (₹35 crores), and renovated property in Bhubaneswar, Odisha (₹15 crores).
7. What is OYO’s current profit status in 2025?
The oyo ritesh agarwal profits growth story has finally turned positive! After years of losses, OYO achieved operational profitability in Q2 2024 and is projected to post a full-year profit of approximately ₹125 crores in FY 2025. This is a massive turnaround from the ₹5,920 crore loss in FY 2021 during COVID-19.
8. How did Ritesh Agarwal become so rich?
Ritesh Agarwal became rich by founding OYO Rooms at age 19 and scaling it to become one of the world’s largest hotel chains. His wealth grew as OYO raised multiple funding rounds from investors like SoftBank, Sequoia, and Lightspeed, increasing the company’s valuation. At its peak in 2019, OYO was valued at $10 billion, making Ritesh a billionaire.
9. What was the Prism deal by Ritesh Agarwal?
Prism ritesh agarwal refers to a 2019 transaction where Ritesh bought back OYO shares from early investors through his company RA Hospitality Holdings (nicknamed Prism). He invested $250 million of his own money and borrowed $450 million to buy shares worth $700 million total, increasing his stake from 10% to 30%. It was a bold bet on OYO’s future.
10. What is Ritesh Agarwal’s hometown?
Ritesh Agarwal hometown is Bissam Cuttack, a small town in Rayagada district, Odisha, India. It’s a relatively unknown place where his father Ramesh Agarwal ran a small business. Despite his billionaire status, Ritesh remains proud of his roots and has invested in property in Odisha.
Thank you for reading! If you enjoyed learning about Ritesh Agarwal’s incredible journey.
Check out our previous article: “Nikesh Arora SoftBank.”
