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Founded in 2013, OYO is India’s largest hotel company with presence in over 200 cities. These include major metros, regional hubs, top leisure destinations as well as pilgrimage towns. OYO is also present in Malaysia. OYO’s network spans across 70,000 rooms in 7,000 hotels.The company’s vision is to become the most preferred and trusted hotel brand in the world. OYO was founded by Ritesh Agarwal, the first resident Asian to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel).
OYO has pioneered predictable and affordable stays by kitting hotel rooms with standardized elements like flat-screen TV, free Wi-Fi, AC, complimentary breakfast and 24/7 support across its network. Travellers can book a room in three taps using the OYO app. Besides booking a room, the OYO app can be used to call a cab and locate nearby restaurants. Hotel owners that partner with OYO witness a significant rise in occupancy levels and become part of a brand that is recognized and loved by travellers nationwide.
A global disruptor from India, OYO has received several accolades including Express IT Startup of the Year Award (2015), NDTV Dream Chaser of the Year (2016) and IAMAI Digital Startup of the Year Award (2016). It was included in Business Today's list of India's Coolest Start-Ups (2016) and LinkedIn ranked it as one of the top employee attractors in India. OYO is backed by leading global investors, including the SoftBank Group, Greenoaks Capital, Sequoia Capital and Lightspeed India.
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Ritesh is the founder and CEO at OYO. He was the first resident Asian to be selected for the 20 under 20 Thiel Fellowship.