- Startup Mic
OYO - The birth of a Unicorn
Launch: 2013
Founders: Ritesh Agarwal
Industry: Hospitality
Estimated Valuation: $16 billion
Ritesh Agarwal, the founder of the homegrown unicorn Oyo, has established itself as one of the largest hotels and hospitality chains around the world with operations in over 800 cities across 80 countries, including India, the US, China, Europe, China, and more.
Airbnb was the biggest source of inspiration for Ritesh, who started out on his journey of being one of the best entrepreneur success stories as a teenager.
Fact: Ritesh launched Oravel Stays in 2012, which was later relaunched as Oyo in 2013.
Visit their website here.