Ritesh Agarwal Net Worth (Updated 2026).

Ritesh Agarwal, born in 1988, kicked off his entrepreneurial journey at the tender age of 17. He started by selling SIM cards in Delhi, India, a venture that sparked his interest in the hospitality industry. This initial foray into business set the stage for his future endeavors.

In 2012, Agarwal founded Oravel Stays, a platform that would later evolve into the now-famous Oyo Rooms. This innovative concept of budget hotels gained traction rapidly, and by 2015, Agarwal had secured significant investments from prominent venture capital firms, catapulting him into the limelight.

Ritesh Agarwal’s Current Net Worth (2025)

As of 2025, Ritesh Agarwal’s net worth is estimated to be around $1.1 billion, according to Forbes. This significant wealth is primarily attributed to his stake in Oyo Hotels and Homes, a hospitality startup he founded in 2012.

Career

Ritesh Agarwal, born in 1988, is an Indian entrepreneur and the founder of Oyo Hotels and Homes. He dropped out of the Indian School of Business to pursue his entrepreneurial dreams. Agarwal started his first venture, Oravel Stays, in 2012, which later evolved into Oyo. Under his leadership, Oyo has expanded globally, operating in over 80 countries and offering a wide range of accommodations.

Other Ventures

In addition to Oyo, Agarwal has invested in several other ventures. He is a backer of Zostel, another hospitality startup, and has also invested in food delivery platform Zomato. Agarwal’s investment firm, Sixteenth Street, focuses on early-stage investments in the consumer tech and hospitality sectors.

Assets

Ritesh Agarwal’s primary asset is his stake in Oyo, which accounts for a significant portion of his net worth. Apart from his equity in Oyo, Agarwal also owns real estate properties in India. His investment portfolio includes stakes in various startups, reflecting his interest in supporting the entrepreneurial ecosystem.

Annual Income

As the founder and CEO of Oyo, Ritesh Agarwal’s annual income is largely tied to the company’s performance. While the exact figure is not publicly disclosed, it is estimated to be in the tens of millions of dollars. Agarwal’s compensation also includes stock awards and other forms of compensation tied to Oyo’s growth and success.

Frequently Asked Questions about  Ritesh Agarwal

**Q1: What is Ritesh Agarwal’s net worth?**

Ritesh Agarwal’s net worth is estimated to be around $1.1 billion as of recent data.

**Q2: How did Ritesh Agarwal make his fortune?**

Ritesh Agarwal made his fortune by founding and leading the Indian hospitality startup, Oyo Rooms.

**Q3: When was Oyo Rooms founded?**

Oyo Rooms was founded in 2012 by Ritesh Agarwal.

**Q4: What is Ritesh Agarwal’s role at Oyo Rooms?**

Ritesh Agarwal is the Founder and Group CEO of Oyo Rooms.

**Q5: How old is Ritesh Agarwal?**

Ritesh Agarwal was born on November 16, 1983, making him 38 years old.

**Q6: Where did Ritesh Agarwal grow up?**

Ritesh Agarwal grew up in Rayagada, Odisha, India.

**Q7: What is Ritesh Agarwal’s educational background?**

Ritesh Agarwal completed his schooling at the Indian School, Rayagada. He then went on to study at the Indian Institute of Technology (IIT), Kharagpur.

**Q8: What inspired Ritesh Agarwal to start Oyo Rooms?**

Ritesh Agarwal started Oyo Rooms after facing difficulties in finding budget accommodations during his college days.

**Q9: What is Ritesh Agarwal’s investment portfolio like?**

Ritesh Agarwal’s investment portfolio includes stakes in various startups and real estate projects, in addition to his majority stake in Oyo Rooms.

**Q10: What are some of Ritesh Agarwal’s philanthropic endeavors?**

Ritesh Agarwal has been involved in various philanthropic initiatives, including supporting education and women empowerment programs through the Oyo Foundation.