STARTUP STORY – OYO
ROOMS
Ever
wondered where to shelter when in a new city? Here is the answer- Oyo room
Oyo is
considered to be one of the most rapidly growing start-ups in recent times. But
the most amazing part is that it was founded by a person who is very young and
hasn’t even studied beyond school i.e. a college dropout at 17 and a
millionaire at 22. Well that’s inspirational.
Ritesh
Aggarwal is the founder and CEO of OYO Rooms. He hails from Odisha but left
home in his teens in search of a better future and landed in Delhi. At the age
of 18 he founded ‘Oravel Stays’ which was a home sharing portal. But after
staying in different rooms and hotels he discovered an issue with these portals
that these portals were not standardised. It was then that he started OYO in
2013 only to make it India’s fastest growing network of hotel chain. Aggarwal
was named in the Forbes list of achievers under 30.
It started with
a single hotel and has lately spread over 6500+ hotels across 220+ cities. It
also provides a complimentary breakfast and Wi-Fi 24/7. It operates in Indian
cities and now has also been launched in Malaysia.
It has
become India’s largest budget hotel chain.
This
astounding and motivating start-up story shows that nothing is unattainable.
Dreams do come true if you want them to because the only thing that can limit
you is yourself....
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