Ritesh Agarwal started Oyo shortly after launching Orval and faced financial problems. He participated in entrepreneurship events in Delhi and was selected along with 10 others, becoming the first Indian selected. He received $100,000 in funding. Oyo then expanded internationally, launching in countries like Malaysia, Nepal, Dubai, and the UK. The document outlines Oyo's strategies of being asset-light by leasing hotels and investing minimally to standardize them, taking full responsibility for customer experience, focusing on predictability through data collection, and using technology for speed and scale like a mobile app.

4. SOME POINTS REGARDING OYO
1. SHORTLY AFTER LAUNCHING ORVAL HERE IS A BIG PROBLEM OF
FINANCE. DURING THAT DAYS MANY ORGINATIONAL EVENTS ARE
HELD IN DELHI.
2. RITESH TAKE PART IN THIS EVENTS AND HE SELECTED WITH 10 OTHER
CANDIDATES
3. HE BECOME 1ST INDIAN TO BE SELECTED IN THIS EVENT.
4. FROM HERE RITESH RECEIVED A GRANTS OF $1,00,000 AS APRT OF
THIEF FELLOWSHIP FROM PETER THIEF
5. IN JANUARY 2016, THE COMPANY LAUNCHED OPERATIONS IN
MALAYSIA.
6. IN APRIL 2017, THE COMPANY LAUNCHED OPERATION IN NEPAL.
7. IN APRIL 2018 OYO LAUNCHED ITS FIRST INTERNATIONAL OYO HOMES
IN DUBAI.
8. CURRENTLY THE COMPANY HAS PRESENCE IN 7 COUNTRIES,
INCLUDING INDIA, CHINA, NEPAL, INDONESIA, MALAYSIA, NEPAL, THE
UK AND UAE.

6. 1. AFFORDABLE
2. BED & BREAKFAST
3. STAY CONNECTED
4. STRATEGIC LOCATION
5. SECURITY

7. THE FORMULA ADOPTED BY RITESH
AGARWAL TO GET SUCCESS
MAKE MISTAKES
LEARN FROM THEM
MAKE YOUR SELF BETTER

8. TECHNIQUES USED BY RITHESH AGARWAL
BIG PROBLEM
CHALLANGING SOLUTION
AMBITION

9. STRATEGIS THAT MAKE OYO SUCCESSFUL
•ASSETS LIGHT STRATEGY
IN THIS STRATEGY HE DOSEN’T OWN HOTELS BUT TAKE THEM ON LEASE AND
INVEST A SMALL AMOUNT OF MONEY TO MAKE IT AS PER THE STANDARD OF THE
COMPANY.

10. •TAKE FULL RESPONSIBILITYOF CUSTOMER EXPERIENCE
• OYO TAKE END TO END RESPONSIBILITY OF COSTUMER EXPERIENCES
ITSELF.
• FOR EXAMPLE- SEARCHING HOTEL , BOOKING HOTEL , EASY CHECK IN ,
EASY CHECK OUT ETC.
•FOCUS ON PREDICTABILITY
• OYO COLLECT THE DATA FROM THE CONSUMER TO UNDERSTAND WHAT
CONSUMER LIKE OR WHAT NOT LIKE.
• THE MAIN AIM OF OYO IS TO CREATE REPEATABILITY THROUGH PREDICTABILITY
IN SERVICE.

11. USE OF TECHNOLOGY FOR SPEED AND SCALE
• OYO FOCUS ON MAKING A MOBILE APP THROUGH WHICH CUSTOMER BOOK ROOM IN 3 CLICKS
AND 5 SECONDS.
• THE COMPANY NOT ONLY CREATED AN APP FOR CUSTOMERS BUT IT ALSO CREATED A
SEPARATE APP FOR ITS PARTNERS. THUS, MINIMIZING THE USE OF THE HUMAN RESOURCE
THROUGH TECHNOLOGY.

12. •ANY QUARY
•&
•ANY SUGGESTION