A biography for Ritesh Agarwalhasn’t been written yet.
“We want to convert broken, unbranded assets around the globe into better-quality living spaces.”
“To provide affordability, we have made a few acqui-hires such as a data analytics firm to help us deliver the cheapest room prices in every town.”
“I dreamt of running my own business even as a kid, but if not a CEO, I would have probably been a pilot.”
“Leaders at Oyo aspire for ambitious targets which act as directional north stars for building for scale.”
“My father ran a grocery store.”
“I love Mark Twain's words - 'I've never allowed college to interfere with my education.'”
“I don't dissuade people from formal education. What I encourage them to do is to follow their dreams.”
“Building culture as part of your team is extremely important.”
“While one is in the process of coming up with a truly innovative solution, it is essential to keep an open mind.”
“My parents always wonder why I work round the clock and I never had an answer, until one day I came across a street full of Oyos. I saw so many families and friends on holiday there. This made me happy - life had come full circle in that moment!”
“We use innovative technology to facilitate standardization of services, amenities and in-room experience, thereby helping maintain service standards.”
“Oyo has no plans for an IPO because we are focused on execution.”
“We want to be a daily brand but not once-in-a-while brand.”
“My home has three-tier security, which is valuable to me considering I get five death threats a month.”
“For me as a young kid, my parents took me to random cities. I stayed at my relatives and the biggest trouble I had was watching TV on my own.”
“I had three other siblings, and I was the youngest of the lot.”
“From my perspective, as an entrepreneur, one is wired to take risks. You, of course, need to be smart and take calculated risks, and then do all you can to make it worth the risk.”
“No one in my town had ever gone to Kota. I mean, it was a big deal if people went to Bhubaneswar.”
“On the customer side, we are continuously making enhancements to our app and activating new partnerships to make their travel experience seamless through the OYO app.”
“For people who earn on an average about RS 15,000 a month and who travel a lot, if the salary is late then the landlord will throw him out. I know how life is after that because I have been there.”