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- ByStartupStory | September 30, 2023
Ritesh Agarwal, the self-made billionaire and founder of OYO Rooms, is set to become the youngest Shark on the panel of Shark Tank India Season 3. He joins a distinguished lineup of Sharks, including Aman Gupta (co-founder and CMO of boAt), Amit Jain (CEO and co-founder of CarDekho Group and InsuranceDekho.com), Anupam Mittal (founder and CEO of Shaadi.com – People Group), Namita Thapar (Executive Director of Emcure Pharmaceuticals), Vineeta Singh (Co-Founder and CEO of SUGAR Cosmetics), and Peyush Bansal (founder & CEO of Lenskart.com).
Agarwal’s entrepreneurial journey began when he founded OYO Rooms at the age of 19 in 2013. What started as a budget accommodation portal, Oravel Stays, has now grown into one of the world’s largest hotel chains, with a presence in over 80 countries and more than 1.5 million rooms.
His participation in Shark Tank India Season 3 was announced through a viral video posted by SET India, where the Sharks enthusiastically welcomed him to the show. Ritesh Agarwal’s success story is an inspiration to many, as he transformed a budget-conscious traveler’s idea into a global hospitality brand.
As a young and dynamic addition to the Shark Tank India panel, Ritesh Agarwal is expected to bring his unique perspective and entrepreneurial expertise to the show. Shark Tank India showcases aspiring entrepreneurs presenting their business ideas to a panel of investors or “sharks,” who decide whether to invest in these ventures.
With his remarkable achievements in the business world, Agarwal’s insights and investments on the show are highly anticipated. Shark Tank India Season 3 promises to be an exciting platform for entrepreneurs and investors alike.
Ritesh Agarwal expressed his excitement about joining Shark Tank India on LinkedIn, saying, “Shark Tank India made entrepreneurship a household conversation, and I am excited to be a small part of Season 3 and support more entrepreneurs emerging out of every corner of India.”
As an entrepreneur who benefited from mentorship and support during his journey, Agarwal has been keen on giving back to the startup ecosystem by mentoring and backing emerging entrepreneurs and small businesses in India.
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