Saturday, June 15, 2024
Outlook.com
Outlook India
Outlook Business

OYO Founder Ritesh Agarwal Invites PM Modi to Wedding

Agarwal also discussed his commitment to the growth of the tourism industry across India and the promotion of entrepreneurship

OYO Founder Ritesh Agarwal Invites PM Modi to Wedding
Twitter

Outlook Start-Up Desk

POSTED ON February 20, 2023 2:24 PM

Ritesh Agarwal, the founder of the OYO hotel chain, invited Prime Minister Narendra Modi to his upcoming wedding in a tweet shared on Sunday. The young entrepreneur shared pictures with PM Modi, calling it a new beginning and expressing his gratitude for the warm welcome he received from the Prime Minister.

Agarwal also thanked Modi for his valuable time and said that his mother was impressed by Modi's vision of women empowerment. He affirmed his commitment to the growth of the tourism industry across India and the promotion of entrepreneurship.

Agarwal's OYO Rooms was established in 2013 as a platform for booking budget hotels and guesthouses in India. He noticed the inconsistency and poor quality of budget accommodations while traveling across the country on a shoestring budget and saw an opportunity to create a chain of standardized, clean, and comfortable budget hotels.

Under his leadership, OYO Rooms grew rapidly to become the largest hotel chain in India and now has a global presence in over 800 cities across 80 countries, valued at several billion dollars.

Agarwal has been recognized for his entrepreneurial achievements and has received numerous awards, including the Business World Young Entrepreneur Award and the Forbes 30 Under 30 Asia list. He is also a Thiel Fellow, a prestigious program created by billionaire entrepreneur Peter Thiel that provides young entrepreneurs with mentorship and funding to pursue their projects.

  • Related Articles

    Prior to this, the company raised a seed round of Rs 2 crore in March 2021 led by Artha Venture Fund

    SaaS Platform GetWork Raises Rs 7 Crore In Pre-Series A Funding

    The prospective plants are expected to generate nearly 3,000 jobs in the next five years

    Ola To Invest Rs 7,600 Crore To Boost EV Manufacturing In Tamil Nadu

    Bansal invested Rs 10 lakh against one per cent of iMumz’s equity

    Shark Tank Season Two: Peyush Bansal Invests Rs 10 Lakh In iMumz