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Oyoroom
Ritesh Agarwal is the 22-year-old founder and CEO of OYO Rooms, which is now India's largest hotel chain with over 20,000 hotels. He started Oravel Stays in 2012 at age 17 to address the lack of standardized budget accommodations in India, and transformed it into OYO Rooms in 2013. OYO Rooms has since received over $850 million in funding and offers affordable, consistent accommodations in over 160 Indian cities. Ritesh is considered one of the youngest and most successful entrepreneurs in India due to his innovative problem-solving approach and strong work ethic.
Ch 5 A Oyo Case Study.pdf
This document provides a case study on OYO Rooms, an Indian startup company that offers affordable hotel rooms. It discusses:
- The background and success of founder Ritesh Aggarwal in identifying an opportunity to standardize and brand India's budget hotel segment.
- How OYO Rooms partners with small hotels to improve quality and offer consistent amenities like WiFi and AC through their app-based platform.
- Their growth from 10,000 rooms in 70 cities to 12,000+ rooms, and plans to expand to 250 cities and 500,000 rooms with a $100 million investment.
- The competition they face from other startups and how the growing Indian economy and tourism sector supports
Ritesh Agarwal-CEO of OYO rooms
This ppt contains The life story of Ritesh agarwal , the Indian Entrepreneur who is founder of OYO rooms and has current net worth of 360 Cr and is world's 2nd youngest billionaire in 2020
OYO Rooms Term Report
Oyo Rooms began as an idea by Ritesh Agarwal to improve standards in India's hotel industry. He started by making improvements to small hotels. This grew into Oyo becoming India's largest hotel network with over 4,500 hotels under its brand. Oyo used technology like its app and machine learning to streamline the booking process and attract more customers. It launched various initiatives like rooms for unmarried couples and women-only hotels. After establishing itself in India, Oyo raised more funding to expand internationally.
9be75572.pptx
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. He started coding at age 8 and founded Oravel Stays in 2012, which he later rebranded as Oyo Rooms in 2013. Oyo Rooms works to standardize affordable accommodation options across Asia, America, and Europe. Ritesh faced challenges with Oravel Stays and had to pivot his idea, but was able to raise funding and expand Oyo Rooms to become one of India's largest hotel chains with a valuation of $360 million. He became the youngest CEO of a unicorn startup at age 17.
Rithesh agarwal
Rithesh Agarwal is an Indian billionaire entrepreneur and CEO of OYO Rooms. He launched Oravel Travels at age 17, which he later rebranded as OYO Rooms. OYO Rooms has grown to become one of the largest hotel chains in India with over 17,000 employees globally and thousands of hotels in its network. Agarwal has received several awards for his success with OYO Rooms, including being named the world's youngest CEO at age 17 and one of Forbes' 30 under 30 in the consumer tech sector.
Rithesh agarwal
Rithesh Agarwal is an Indian billionaire entrepreneur and CEO of OYO Rooms. He launched Oravel Travels at age 17, which he later rebranded as OYO Rooms. OYO Rooms has grown to become one of the largest hotel chains in India with over 17,000 employees globally and thousands of hotels in its network. Agarwal has received several awards for his success with OYO Rooms, including being named the world's youngest CEO at age 17 and one of Forbes' 30 under 30 in the consumer tech sector.
0-201013154834.pptx
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. Some key points:
- He founded Oyo Rooms in 2013 at the age of 17, making him the youngest CEO of a unicorn startup.
- Oyo Rooms is a hotel chain that partners with budget hotels to standardize amenities and pricing. It has expanded globally and was valued at $10 billion in 2021.
- Prior to founding Oyo, Ritesh started another budget hotel venture called Oravel Stays in 2012 which struggled. He then rebranded it as Oyo Rooms with a new business model of standardizing partner hotels.
- Oyo has since raised
Recommended
Oyoroom
Ritesh Agarwal is the 22-year-old founder and CEO of OYO Rooms, which is now India's largest hotel chain with over 20,000 hotels. He started Oravel Stays in 2012 at age 17 to address the lack of standardized budget accommodations in India, and transformed it into OYO Rooms in 2013. OYO Rooms has since received over $850 million in funding and offers affordable, consistent accommodations in over 160 Indian cities. Ritesh is considered one of the youngest and most successful entrepreneurs in India due to his innovative problem-solving approach and strong work ethic.
Ch 5 A Oyo Case Study.pdf
This document provides a case study on OYO Rooms, an Indian startup company that offers affordable hotel rooms. It discusses:
- The background and success of founder Ritesh Aggarwal in identifying an opportunity to standardize and brand India's budget hotel segment.
- How OYO Rooms partners with small hotels to improve quality and offer consistent amenities like WiFi and AC through their app-based platform.
- Their growth from 10,000 rooms in 70 cities to 12,000+ rooms, and plans to expand to 250 cities and 500,000 rooms with a $100 million investment.
- The competition they face from other startups and how the growing Indian economy and tourism sector supports
Ritesh Agarwal-CEO of OYO rooms
This ppt contains The life story of Ritesh agarwal , the Indian Entrepreneur who is founder of OYO rooms and has current net worth of 360 Cr and is world's 2nd youngest billionaire in 2020
OYO Rooms Term Report
Oyo Rooms began as an idea by Ritesh Agarwal to improve standards in India's hotel industry. He started by making improvements to small hotels. This grew into Oyo becoming India's largest hotel network with over 4,500 hotels under its brand. Oyo used technology like its app and machine learning to streamline the booking process and attract more customers. It launched various initiatives like rooms for unmarried couples and women-only hotels. After establishing itself in India, Oyo raised more funding to expand internationally.
9be75572.pptx
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. He started coding at age 8 and founded Oravel Stays in 2012, which he later rebranded as Oyo Rooms in 2013. Oyo Rooms works to standardize affordable accommodation options across Asia, America, and Europe. Ritesh faced challenges with Oravel Stays and had to pivot his idea, but was able to raise funding and expand Oyo Rooms to become one of India's largest hotel chains with a valuation of $360 million. He became the youngest CEO of a unicorn startup at age 17.
Rithesh agarwal
Rithesh Agarwal is an Indian billionaire entrepreneur and CEO of OYO Rooms. He launched Oravel Travels at age 17, which he later rebranded as OYO Rooms. OYO Rooms has grown to become one of the largest hotel chains in India with over 17,000 employees globally and thousands of hotels in its network. Agarwal has received several awards for his success with OYO Rooms, including being named the world's youngest CEO at age 17 and one of Forbes' 30 under 30 in the consumer tech sector.
Rithesh agarwal
Rithesh Agarwal is an Indian billionaire entrepreneur and CEO of OYO Rooms. He launched Oravel Travels at age 17, which he later rebranded as OYO Rooms. OYO Rooms has grown to become one of the largest hotel chains in India with over 17,000 employees globally and thousands of hotels in its network. Agarwal has received several awards for his success with OYO Rooms, including being named the world's youngest CEO at age 17 and one of Forbes' 30 under 30 in the consumer tech sector.
0-201013154834.pptx
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. Some key points:
- He founded Oyo Rooms in 2013 at the age of 17, making him the youngest CEO of a unicorn startup.
- Oyo Rooms is a hotel chain that partners with budget hotels to standardize amenities and pricing. It has expanded globally and was valued at $10 billion in 2021.
- Prior to founding Oyo, Ritesh started another budget hotel venture called Oravel Stays in 2012 which struggled. He then rebranded it as Oyo Rooms with a new business model of standardizing partner hotels.
- Oyo has since raised
Narayan's seema maam project
Ritesh Agarwal is an Indian entrepreneur who founded OYO Rooms at age 18 after dropping out of college. He started his business career at age 17 and was the first resident Indian to win the Thiel Fellowship. OYO Rooms has grown to become India's largest budget hotel chain with over 4,000 hotels and 40,000 rooms in more than 170 Indian cities.
Success story of Ritesh Aggrwal
Ritesh Agarwal is the founder and CEO of OYO Rooms, one of India's fastest growing hotel chains. He was raised in a middle-class family and dropped out of college to start his own company. Inspired by his travels across India experiencing different budget accommodations, he launched Oravel Stays in 2012 which he later transformed into OYO Rooms. Starting with just one hotel in 2013, OYO Rooms has expanded to over 23,000 hotels across 800 cities worldwide and is now valued at $10 billion, making it one of the most successful internet startups in India.
Oyo cce1
Ritesh Agarwal is the founder and CEO of OYO Rooms, which he started in 2013. He launched Oravel Stays in 2012 to address issues with budget hotels during his travels. Realizing the problems went beyond availability, he pivoted to launching OYO to standardize services across budget hotels. OYO now has over 65,000 rooms across more than 200 Indian cities and Malaysia. Ritesh was just 23 when he started OYO and has received several awards for his success in building India's largest branded hotel chain.
Ritesh agrawal
Ritesh Agarwal started his entrepreneurial journey by selling SIM cards in his hometown in India. He was inspired to launch Oravel Stays in 2012 after experiencing budget accommodations during his travels across India while in college. Oravel Stays was later pivoted to OYO Rooms, a branded network of hotels. OYO Rooms has received funding from investors like Greenoaks Capital, Venture Nursery, and SoftBank and is estimated to have a pre-investment valuation of 600 crores. Ritesh was selected for the Thiel Fellowship in 2013, making him the only Indian to receive the fellowship which provides $100,000 and mentorship. SoftBank later confirmed OYO's acquisition of Z
Ritesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal: The Visionary Entrepreneur Behind OYO RoomsIn the dynamic landscape of entrepreneurship, where innovation meets determination, Ritesh Agarwal stands as a beacon of inspiration. Born on November 16, 1993, in Bissam Cuttack, a small town in the eastern state of Odisha, India, Agarwal's journey from humble beginnings to the founder and CEO of OYO Rooms, one of the world's largest hospitality chains, is nothing short of extraordinary.Early Life and EducationAgarwal's entrepreneurial spirit was evident from an early age. Despite coming from a middle-class family, he displayed an innate curiosity and drive to create something impactful. His journey began when he enrolled in the Indian School of Business and Finance in New Delhi, where he pursued a degree in business administration.The Genesis of OYOWhile still a teenager, Agarwal embarked on a solo trip across India, staying in various budget accommodations. It was during this journey that he recognized the glaring gap in the hospitality industry: the lack of standardized, affordable, and reliable accommodations for budget travelers. Armed with this insight and fueled by his passion for entrepreneurship, Agarwal set out to revolutionize the hotel industry.In 2013, at the tender age of 19, Agarwal founded Oravel Stays, a platform that aimed to connect travelers with affordable and standardized accommodations. However, it wasn't until a pivot in business strategy that OYO Rooms was born. Agarwal transformed Oravel Stays into OYO Rooms, with a focus on offering budget hotels that adhered to standardized quality norms.The OYO PhenomenonUnder Agarwal's visionary leadership, OYO Rooms rapidly expanded its presence across India. Leveraging technology and data analytics, Agarwal ensured that each OYO property met stringent quality standards, offering travelers a consistent and reliable experience. This emphasis on quality control, coupled with aggressive pricing strategies, propelled OYO Rooms to meteoric success.OYO's business model struck a chord with both hotel owners and customers. For hotel owners, OYO offered a platform to increase occupancy rates and revenue, while customers benefited from affordable yet comfortable accommodations. This win-win proposition fueled OYO's growth trajectory, attracting investors and stakeholders alike.Challenges and TriumphsDespite its rapid growth, OYO faced its fair share of challenges along the way. Agarwal navigated through regulatory hurdles, operational complexities, and fierce competition to steer OYO towards success. His ability to adapt to changing market dynamics and his unwavering commitment to OYO's mission played pivotal roles in overcoming these obstacles.One of Agarwal's defining moments came in 2019 when OYO expanded its operations beyond India's borders, venturing into international markets such as China, the United States.
English presentation
The document discusses the growth of the Indian startup ecosystem, from 3,100 startups in 2014 to a projected 11,500 by 2020. It highlights the NASSCOM 10,000 Startups initiative, which aims to enable incubation, funding, and support for 10,000 startups over 10 years. Two successful Indian startups are described - OYO Rooms, founded by 21-year-old CEO Ritesh Agarwal, which is the largest network of branded hotels in India; and Alma Mater, co-founded by Varun Agarwal after dropping out of engineering school, which is now India's largest provider of merchandise to students.
HR Entrepreneurs
The document discusses opportunities for entrepreneurship in the HR domain in India. It notes that while India ranks poorly in business indicators, the HR field presents opportunities for entrepreneurs. Several successful Indian entrepreneurs who started HR companies are profiled, highlighting the importance of understanding customers, having the right strategic partners and investors, and passion for the business. The future remains promising for HR entrepreneurs in India as the sector remains largely untapped.
Startup India PPT
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Newsletter dated 15th January, 2016
Ritesh Agarwal is an Indian entrepreneur and founder/CEO of OYO Rooms, one of India's largest budget hotel chains with over 40,000 rooms. He started Oravel Stays at age 18 to address issues with budget accommodations, and pivoted it into OYO Rooms in 2013. That same year, at age 19, he became the first resident Indian to win the Thiel Fellowship, which provides $100,000 to young entrepreneurs. OYO Rooms focuses on standardizing non-branded hotels to provide more predictable, affordable options for travelers. Agarwal has received several awards for his entrepreneurship.
TOP 10 YOUNG ENTREPRENEURS FROM INDIA
This document summarizes 10 young successful entrepreneurs in India and their accomplishments. It discusses entrepreneurs like Shravan Kumaran and Sanjay Kumaran who created mobile apps, Advait Thakur who started a tech company at age 15, and King Siddharth who founded an online magazine. It also profiles entrepreneurs who founded companies like Oyo Rooms, RedBus, and cybersecurity firm TAC Solutions at a young age and have found business success. The document highlights the dedication, hard work, and risk-taking that has allowed these entrepreneurs to achieve success and prosperity at early ages.
ENTREPRENEURSHIP
Ritesh Agarwal is an Indian entrepreneur who founded OYO Rooms. At a young age, he was interested in programming and wrote a book about engineering colleges. He moved to Delhi for college but dropped out after 3 days to start his entrepreneurial venture. He realized the need for affordable and consistent quality hotels while traveling and started Oravel Stays, which became OYO Rooms. OYO Rooms provides affordable rooms with standard facilities across India and globally. The COVID-19 pandemic severely impacted OYO's business, but its gross margins returned to pre-COVID levels before the second wave in India. As an entrepreneur, Ritesh faced rejection from 80% of venture capitalists initially.
Oyo rooms (Marketing strategy)
Ritesh Agarwal is the founder and CEO of OYO Rooms, India's largest hotel chain. He started Oravel Stays in 2012 at age 17 to book budget accommodations, before rebranding as OYO Rooms in 2013 to offer affordable, standardized hotels. OYO now has operations in over 160 Indian cities and a valuation of $360 million, transforming through strategic partnerships with hotel owners.
Ritesh Agarwal, CEO, OYO Rooms
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. He started coding at age 8 and founded Oravel Stays in 2012, which he later rebranded as Oyo Rooms in 2013. Oyo Rooms standardized hotel rooms across India by creating quality standards and affordable prices. The company raised funding and expanded across Asia, America, and Europe. Ritesh faced challenges with his initial ventures not succeeding but persevered with the idea of standardizing affordable hotel rooms through Oyo Rooms, which became very successful. He is now one of the youngest CEOs and billionaires in the world.
Nitesh_60.pdf
The document discusses entrepreneurship in India. It provides an overview of entrepreneurship in India throughout history and its current state. While entrepreneurship has grown, challenges remain around access to funding, regulations, and skilled talent. The government has launched initiatives like Startup India to support entrepreneurs. Successful entrepreneurs mentioned include Kiran Mazumdar-Shaw of Biocon and Ritesh Agarwal of OYO Rooms. Characteristics of successful entrepreneurs are discussed, along with ongoing challenges faced by entrepreneurs in India.
The most trusted financial consultants to watch in 2021
With rapid globalization, the word is moving forward at faster pace. New industries have come up and they have all opened up new
avenues for the investors. But with the exciting new
opportuniƟes, it has also increased the risk. And to cater to
these worries, our financial consultants have stood guard.
With the help of financial consultants, people have been able
to make informed decisions and grow in their financial space.
5 young entrepreneurs and their successful start ups
In this presentation you will get to know all about the 5 YOUNG ENTREPRENEURS. Who started the own Company at a very young age and are known and successful business person.
Doc-entreprenutr .pptx
This presentation summarizes 5 young entrepreneurs and their successful start-ups:
Ritesh Agrawal founded OYO Rooms, India's largest branded hotel network, transforming budget accommodation across India. Bhavish Aggarwal co-founded Ola Cabs, making booking a cab easy through their app. Ashish Kashyap founded Ibibo Group, one of India's top online travel aggregators. Chitra Gurnani Daga co-founded Thrillophilia, an activities and tours company focused on building value for customers and employees. Shradha Sharma founded YourStory Media to champion and promote India's entrepreneurial ecosystem through stories of over 15,000 entrepreneurs.
Rise of Entrepreneurship in India
This document provides information about several Indian startups including Flipkart, Ola, Hike, Zoomcar, Zomato, Urban Ladder, Bluestone, Snapdeal, Redbus, Chumbak. For each startup it lists the location, founders, year founded, services provided, funding amounts. It also includes brief profiles of entrepreneurs like Sachin Bansal, Binny Bansal, Naveen Tiwari, Kunal Bahl, and business philosophies from various entrepreneurs.
B S Nagesh
corporate social responsibility, csr, philanthropic activity, philanthropy, social welfare activities
Oyo
Ritesh Agarwal is the 21-year-old founder and owner of Oyo Rooms, which he started in 2012 after dropping out of college at age 17. Oyo Rooms is India's largest branded hotel network with over 4,500 hotels across 174 cities. It provides affordable, standardized hotel rooms through its app-based booking platform. Ritesh has received several awards for his success in building Oyo Rooms from a single hotel in 2013 to India's largest hotel brand today. The company has raised over $125 million in funding from investors like Lightspeed Venture Partners and Softbank to continue its rapid nationwide expansion.
How to Add Chatter in the odoo 17 ERP Module
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
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Narayan's seema maam project
Ritesh Agarwal is an Indian entrepreneur who founded OYO Rooms at age 18 after dropping out of college. He started his business career at age 17 and was the first resident Indian to win the Thiel Fellowship. OYO Rooms has grown to become India's largest budget hotel chain with over 4,000 hotels and 40,000 rooms in more than 170 Indian cities.
Success story of Ritesh Aggrwal
Ritesh Agarwal is the founder and CEO of OYO Rooms, one of India's fastest growing hotel chains. He was raised in a middle-class family and dropped out of college to start his own company. Inspired by his travels across India experiencing different budget accommodations, he launched Oravel Stays in 2012 which he later transformed into OYO Rooms. Starting with just one hotel in 2013, OYO Rooms has expanded to over 23,000 hotels across 800 cities worldwide and is now valued at $10 billion, making it one of the most successful internet startups in India.
Oyo cce1
Ritesh Agarwal is the founder and CEO of OYO Rooms, which he started in 2013. He launched Oravel Stays in 2012 to address issues with budget hotels during his travels. Realizing the problems went beyond availability, he pivoted to launching OYO to standardize services across budget hotels. OYO now has over 65,000 rooms across more than 200 Indian cities and Malaysia. Ritesh was just 23 when he started OYO and has received several awards for his success in building India's largest branded hotel chain.
Ritesh agrawal
Ritesh Agarwal started his entrepreneurial journey by selling SIM cards in his hometown in India. He was inspired to launch Oravel Stays in 2012 after experiencing budget accommodations during his travels across India while in college. Oravel Stays was later pivoted to OYO Rooms, a branded network of hotels. OYO Rooms has received funding from investors like Greenoaks Capital, Venture Nursery, and SoftBank and is estimated to have a pre-investment valuation of 600 crores. Ritesh was selected for the Thiel Fellowship in 2013, making him the only Indian to receive the fellowship which provides $100,000 and mentorship. SoftBank later confirmed OYO's acquisition of Z
Ritesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal: The Visionary Entrepreneur Behind OYO RoomsIn the dynamic landscape of entrepreneurship, where innovation meets determination, Ritesh Agarwal stands as a beacon of inspiration. Born on November 16, 1993, in Bissam Cuttack, a small town in the eastern state of Odisha, India, Agarwal's journey from humble beginnings to the founder and CEO of OYO Rooms, one of the world's largest hospitality chains, is nothing short of extraordinary.Early Life and EducationAgarwal's entrepreneurial spirit was evident from an early age. Despite coming from a middle-class family, he displayed an innate curiosity and drive to create something impactful. His journey began when he enrolled in the Indian School of Business and Finance in New Delhi, where he pursued a degree in business administration.The Genesis of OYOWhile still a teenager, Agarwal embarked on a solo trip across India, staying in various budget accommodations. It was during this journey that he recognized the glaring gap in the hospitality industry: the lack of standardized, affordable, and reliable accommodations for budget travelers. Armed with this insight and fueled by his passion for entrepreneurship, Agarwal set out to revolutionize the hotel industry.In 2013, at the tender age of 19, Agarwal founded Oravel Stays, a platform that aimed to connect travelers with affordable and standardized accommodations. However, it wasn't until a pivot in business strategy that OYO Rooms was born. Agarwal transformed Oravel Stays into OYO Rooms, with a focus on offering budget hotels that adhered to standardized quality norms.The OYO PhenomenonUnder Agarwal's visionary leadership, OYO Rooms rapidly expanded its presence across India. Leveraging technology and data analytics, Agarwal ensured that each OYO property met stringent quality standards, offering travelers a consistent and reliable experience. This emphasis on quality control, coupled with aggressive pricing strategies, propelled OYO Rooms to meteoric success.OYO's business model struck a chord with both hotel owners and customers. For hotel owners, OYO offered a platform to increase occupancy rates and revenue, while customers benefited from affordable yet comfortable accommodations. This win-win proposition fueled OYO's growth trajectory, attracting investors and stakeholders alike.Challenges and TriumphsDespite its rapid growth, OYO faced its fair share of challenges along the way. Agarwal navigated through regulatory hurdles, operational complexities, and fierce competition to steer OYO towards success. His ability to adapt to changing market dynamics and his unwavering commitment to OYO's mission played pivotal roles in overcoming these obstacles.One of Agarwal's defining moments came in 2019 when OYO expanded its operations beyond India's borders, venturing into international markets such as China, the United States.
English presentation
The document discusses the growth of the Indian startup ecosystem, from 3,100 startups in 2014 to a projected 11,500 by 2020. It highlights the NASSCOM 10,000 Startups initiative, which aims to enable incubation, funding, and support for 10,000 startups over 10 years. Two successful Indian startups are described - OYO Rooms, founded by 21-year-old CEO Ritesh Agarwal, which is the largest network of branded hotels in India; and Alma Mater, co-founded by Varun Agarwal after dropping out of engineering school, which is now India's largest provider of merchandise to students.
HR Entrepreneurs
The document discusses opportunities for entrepreneurship in the HR domain in India. It notes that while India ranks poorly in business indicators, the HR field presents opportunities for entrepreneurs. Several successful Indian entrepreneurs who started HR companies are profiled, highlighting the importance of understanding customers, having the right strategic partners and investors, and passion for the business. The future remains promising for HR entrepreneurs in India as the sector remains largely untapped.
Startup India PPT
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Newsletter dated 15th January, 2016
Ritesh Agarwal is an Indian entrepreneur and founder/CEO of OYO Rooms, one of India's largest budget hotel chains with over 40,000 rooms. He started Oravel Stays at age 18 to address issues with budget accommodations, and pivoted it into OYO Rooms in 2013. That same year, at age 19, he became the first resident Indian to win the Thiel Fellowship, which provides $100,000 to young entrepreneurs. OYO Rooms focuses on standardizing non-branded hotels to provide more predictable, affordable options for travelers. Agarwal has received several awards for his entrepreneurship.
TOP 10 YOUNG ENTREPRENEURS FROM INDIA
This document summarizes 10 young successful entrepreneurs in India and their accomplishments. It discusses entrepreneurs like Shravan Kumaran and Sanjay Kumaran who created mobile apps, Advait Thakur who started a tech company at age 15, and King Siddharth who founded an online magazine. It also profiles entrepreneurs who founded companies like Oyo Rooms, RedBus, and cybersecurity firm TAC Solutions at a young age and have found business success. The document highlights the dedication, hard work, and risk-taking that has allowed these entrepreneurs to achieve success and prosperity at early ages.
ENTREPRENEURSHIP
Ritesh Agarwal is an Indian entrepreneur who founded OYO Rooms. At a young age, he was interested in programming and wrote a book about engineering colleges. He moved to Delhi for college but dropped out after 3 days to start his entrepreneurial venture. He realized the need for affordable and consistent quality hotels while traveling and started Oravel Stays, which became OYO Rooms. OYO Rooms provides affordable rooms with standard facilities across India and globally. The COVID-19 pandemic severely impacted OYO's business, but its gross margins returned to pre-COVID levels before the second wave in India. As an entrepreneur, Ritesh faced rejection from 80% of venture capitalists initially.
Oyo rooms (Marketing strategy)
Ritesh Agarwal is the founder and CEO of OYO Rooms, India's largest hotel chain. He started Oravel Stays in 2012 at age 17 to book budget accommodations, before rebranding as OYO Rooms in 2013 to offer affordable, standardized hotels. OYO now has operations in over 160 Indian cities and a valuation of $360 million, transforming through strategic partnerships with hotel owners.
Ritesh Agarwal, CEO, OYO Rooms
Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. He started coding at age 8 and founded Oravel Stays in 2012, which he later rebranded as Oyo Rooms in 2013. Oyo Rooms standardized hotel rooms across India by creating quality standards and affordable prices. The company raised funding and expanded across Asia, America, and Europe. Ritesh faced challenges with his initial ventures not succeeding but persevered with the idea of standardizing affordable hotel rooms through Oyo Rooms, which became very successful. He is now one of the youngest CEOs and billionaires in the world.
Nitesh_60.pdf
The document discusses entrepreneurship in India. It provides an overview of entrepreneurship in India throughout history and its current state. While entrepreneurship has grown, challenges remain around access to funding, regulations, and skilled talent. The government has launched initiatives like Startup India to support entrepreneurs. Successful entrepreneurs mentioned include Kiran Mazumdar-Shaw of Biocon and Ritesh Agarwal of OYO Rooms. Characteristics of successful entrepreneurs are discussed, along with ongoing challenges faced by entrepreneurs in India.
The most trusted financial consultants to watch in 2021
With rapid globalization, the word is moving forward at faster pace. New industries have come up and they have all opened up new
avenues for the investors. But with the exciting new
opportuniƟes, it has also increased the risk. And to cater to
these worries, our financial consultants have stood guard.
With the help of financial consultants, people have been able
to make informed decisions and grow in their financial space.
5 young entrepreneurs and their successful start ups
In this presentation you will get to know all about the 5 YOUNG ENTREPRENEURS. Who started the own Company at a very young age and are known and successful business person.
Doc-entreprenutr .pptx
This presentation summarizes 5 young entrepreneurs and their successful start-ups:
Ritesh Agrawal founded OYO Rooms, India's largest branded hotel network, transforming budget accommodation across India. Bhavish Aggarwal co-founded Ola Cabs, making booking a cab easy through their app. Ashish Kashyap founded Ibibo Group, one of India's top online travel aggregators. Chitra Gurnani Daga co-founded Thrillophilia, an activities and tours company focused on building value for customers and employees. Shradha Sharma founded YourStory Media to champion and promote India's entrepreneurial ecosystem through stories of over 15,000 entrepreneurs.
Rise of Entrepreneurship in India
This document provides information about several Indian startups including Flipkart, Ola, Hike, Zoomcar, Zomato, Urban Ladder, Bluestone, Snapdeal, Redbus, Chumbak. For each startup it lists the location, founders, year founded, services provided, funding amounts. It also includes brief profiles of entrepreneurs like Sachin Bansal, Binny Bansal, Naveen Tiwari, Kunal Bahl, and business philosophies from various entrepreneurs.
B S Nagesh
corporate social responsibility, csr, philanthropic activity, philanthropy, social welfare activities
Oyo
Ritesh Agarwal is the 21-year-old founder and owner of Oyo Rooms, which he started in 2012 after dropping out of college at age 17. Oyo Rooms is India's largest branded hotel network with over 4,500 hotels across 174 cities. It provides affordable, standardized hotel rooms through its app-based booking platform. Ritesh has received several awards for his success in building Oyo Rooms from a single hotel in 2013 to India's largest hotel brand today. The company has raised over $125 million in funding from investors like Lightspeed Venture Partners and Softbank to continue its rapid nationwide expansion.
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Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Entrepreneur.pptx fo knowledge and information
- 2. DifferencebetweenEntrepreneursandBusinessman The significant difference between an entrepreneur and a businessman is that: An Entrepreneur comes up with a unique concept or idea. While a Businessman sets up a business as a new entrant in an existing market on industrial or commercial grounds.
- 3. Ritesh Agarwal As a teenager, Ritesh started selling SIM cards in a small Indian town. He decided to move to the capital of India, Delhi. Ritesh found himself attending events and conferences where he met with successful business owners. Drop out of college and begin his entrepreneurial journey. He was only 17. Through his love for traveling. He think how difficult it was for budget travelers in his country to find decent accommodation that met their basic needs.
- 4. This made him launch his first large-scale business venture, called “Oravel Travels” in 2011. Using the portal, travelers could easily discover pocket-friendly bed and breakfast joints, private rooms, and serviced apartments all across India. Secure funding for around $40,000 from Venture Nursery through India's first angel-backed (give financial, material, or moral support) startup accelerator. Ritesh believed in running his company not as a businessman but as a customer first. he ended up staying at over 100 bed and breakfasts all over the country.
- 5. He realized the real issue wasn’t just the discovery of affordable hotels in India, but rather the lack of service quality. The business model did not suit the Indian market; Ritesh was now left with only Rs30 in his bank account. Instead of giving up, he worked on tweaking his original business model for Oravel Travels and submitted it to the Thiel Fellowship – a two-year program that enables young college dropouts to receive a $100,000 grant for building their businesses. Selected for the grant.
- 6. In 2013, Oravel Travels was relaunched as OYO Rooms (On Your Own). {Which sounds like something a teenager might make up} The new model helped participating small and independent hotel owners improve the quality of their services through major and minor upgrades. Ritesh receive Business World Young Entrepreneur Award. OYO Rooms eventually expanded to become OYO Hotels & Homes, a full-fledged hotel chain that includes more than 43,000 hotels across 80 countries. By 2020, 27-year-old Ritesh Agarwal’s net worth was estimated to be $1.1 billion, making him the second-youngest, self-made billionaire in the world.
- 7. OYO founder Ritesh Agarwal
- 8. What is the motto of OYO Rooms? #AurKyaChahiye OYO estimated revenue : $629 million in FY22 OYO expects its revenue in FY23 to be $751 million
- 9. THANK YOU