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Ritesh Agarwal

Kept our eyes and ears close to the ground” At 19, Ritesh Agarwal disrupted India’s hospitality industry when he founded OYO in 2013, an aggregator for budget hotels. Gurugram-based OYO has seen nothing short of a meteoric rise, becoming the fourth-most valued unicorn in the country. Despite dropping out of college as a teenager, Agarwal rose to become the world’s second youngest self-made billionaire, after American reality TV personality and make-up mogul Kylie Jenner. The SoftBank-backed firm has a network of 1.58-lakh hotels across 35 countries, including India, the U.S. and the U.K. OYO, which is planning a public listing over the next few months, plans to raise about $1.5 billion at a valuation of $14-16 billion. The Idea! What drove the inception of OYO was our intention to create a thriving economy for small hotels and holiday homes, so that they could earn substantially more. We also wanted to provide the Indian middle-income consumer with trustworthy, affordable,