Young Indian Entrepreneurs.
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Ritesh Agarwal is an Indian entrepreneur and founder of OYO Rooms, which offers budget accommodation across India. He started OYO Rooms in 2013 with one hotel in Gurgaon and has since expanded to over 70,000 rooms in 8,500 hotels across 230 Indian towns. Rohit Bansal and Kunal Bahl are Indian entrepreneurs who founded Snapdeal, an e-commerce platform started in 2010 as a daily deals site but now an online marketplace with over 30 million products from 1,25,000 brands across India. Both OYO Rooms and Snapdeal have seen significant growth under the leadership of their young founders.
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Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal. It started as an online book retailer and has since expanded into other product categories. It has grown from an initial investment of 4 lakhs to $100 million in sales within 5 years. Flipkart aims to reach $1 billion in revenue by 2014 through continued growth in online shopping in India as internet usage increases.
Indian Young Entrepreneur
This PPT is topic on Indian Young Entrepreneurs. I hope that this PPT helps you in study purpose and business purpose also.
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.
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
Oyo case study
OYO is a hotel aggregator founded by 19-year old Ritesh Agarwal that partners with hotels to provide standardized, low-cost accommodations. It makes money by collecting fees from partner hotels for services like branding, customer service, and reservations. OYO uses technology and data analytics to improve the customer experience and drive business growth. It has expanded rapidly to become one of the largest hotel chains globally with over 270,000 rooms across 500+ Indian cities.
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.
Naukri.com
Connect with 20000+ employers. Apply to Millions of job opportunities across top companies, industries & locations on India's No.1 job site. Apply online. Post CV today.
first generation entrepreneurs in india
The document discusses several first generation entrepreneurs from India who achieved success through innovation and hard work without access to wealth or formal education. It profiles entrepreneurs such as Kailash Katkar, founder of Quick Heal Technologies, an antivirus company born in India; P.C. Mustafa, founder of ID Fresh which produces fresh idli and dosa batter; and Ramesh Babu, a billionaire who owns a fleet of luxury cars despite owning a barber shop. It also discusses N.R. Narayana Murthy, co-founder of Infosys, and Dr. Devi Shetty, founder of the affordable cardiac hospital chain Narayana Hrudayalaya. These entrepreneurs demonstrated what Indians can
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Young Indian Entrepreneurs.
- 1. SUBJECT : Entrepreneurship development. Topic : Indian Entrepreneurs. BNM INSTITUTE OF TECHNOLOGY.
- 2. 1.Ritesh Agarwal Founder & CEO, OYO Rooms •Education : Indian school of business and Finance •Ritesh Agarwal is a young Indian entrepreneur and founder of OYO Rooms, an organization that offers budget rooms for the travelers. •He confirmed that he wanted to create something for the budget traveler in India, and so, the concept of OYO rooms in India stuck him one day. With the initial plan launched with OYO rooms in Delhi and subsequently with OYO rooms in Bangalore
- 3. • It started with one city and one hotel in Gurgaon in January 2013. The company, as of September 2017 has around 70,000 Rooms in 8,500 hotels across 230 towns of India. The company has offices in gurugaon, Hariyana, and Hyderabad, India. •Agarwal has won many awards and accolades for his work including the Business World Young Entrepreneur Award. He is a regular speaker at entrepreneurial conferences and institutes across India and the world and a fellow of the Thiel foundation.
- 5. 2.Rohit Bansal and Kunal Bahl. Founders of Snapdeal. • Rohit Bansal and Kunal Bahl are an Indian entrepreneurs, and also COO and CEO of e- commerce platform Snapdeal respectively. • Snapdeal was started on 4 February 2010 as a daily deals platform, but expanded in September 2011 to become an online marketplace.
- 6. Education: Rohit Bansal : Indian Institutes of Technology. Kunal Bahl : Wharton School of the University of Pennsylvania. •As of 2014 Snapdeal had 3,00,000 sellers, over 30 million products across 800+ diverse categories from over 1,25000 regional, national, and international brands and retailers and a reach of 6,000 towns and cities across the country. •Snapdeal brought actor Aamir khan for the promotion of its website in India. • Snapdeal announced that it had achieved the milestone of 1000 sellers its platform getting sales of over Rs 1 crore. Jasper Infotech Pvt. Ltd led Snapdeal registered a revenue growth of 56% to Rs 1,457 crore from Rs 933 crore from Rs 1,328 crore in the year ended 31 March 2016.
- 8. References • https://www.google.co.in • https://www.wikipedia.org • https://www.google.co.in/imghp