FigureAsia 35 Under 35 · Business
Ritesh Agarwal
Age 32 · Hospitality platforms and hotel operations · India
Led a hospitality platform back to reported annual profitability
- Approximate age at the edition boundary
- 32
- Field
- Business
- Country or region
- India
- FigureAsia U35 Assessment
- 88.5 / 100
Profile
Career and operating record
For Ritesh Agarwal, a functioning result rather than a forecast anchors this profile. OYO completed fiscal 2025 with reported profit after tax of ₹6.23 billion, a 172 per cent increase.
Agarwal was founder and operating lead during the turnaround period, but a June 2026 filing records his transition to founder and chairman.
The operating recovery affected a large network of independent hotel owners and travellers across Asian and international markets. The limitations are equally clear: Adjusted measures, group proceedings, entity perimeter and the executive transition require reconciliation before selection.
Ritesh Agarwal is a founder and chair and serves as founder and chairman at Oravel Stays, trading as OYO and PRISM. In property, construction and urban services, the work addresses standardising and distributing independently operated budget accommodation across a fragmented international hotel market.
Revenue reached approximately ₹64.63 billion and gross booking value about ₹164.36 billion. The group reported 293,554 storefronts across more than 35 countries by the end of 2025.
FigureAsia selection
Why Ritesh Agarwal is on the list
OYO completed fiscal 2025 with reported profit after tax of ₹6.23 billion, a 172 per cent increase. Agarwal was founder and operating lead during the turnaround period, but a June 2026 filing records his transition to founder and chairman.
The turnaround is material, but weaker clarity on current operating agency keeps the case outside the selected cohort.
Revenue reached approximately ₹64.63 billion and gross booking value about ₹164.36 billion. The group reported 293,554 storefronts across more than 35 countries by the end of 2025.
Adjusted measures, group proceedings, entity perimeter and the executive transition require reconciliation before selection.
Verified work
The 2025–26 business record
Operating result
OYO completed fiscal 2025 with reported profit after tax of ₹6.23 billion, a 172 per cent increase. Agarwal was founder and operating lead during the turnaround period, but a June 2026 filing records his transition to founder and chairman.
Market consequence
Revenue reached approximately ₹64.63 billion and gross booking value about ₹164.36 billion. The result was completed within Agarwal’s verified responsibilities as founder and chairman at Oravel Stays, trading as OYO and PRISM, while delivery remains credited to the relevant team and partners.
Strategic execution
The group reported 293,554 storefronts across more than 35 countries by the end of 2025. The evidence connects Agarwal to strategy and accountable execution; organisational output is not assigned to the individual wholesale.
Market context
The work in its market
Ritesh Agarwal is assessed against founders and operators in property, construction and urban services. Company performance establishes scale; individual credit follows only where the public record ties decisions and execution to the person’s role.
FigureAsia U35 Assessment
Assessment breakdown
88.5out of 100
Operating execution
26.6 / 30
OYO completed fiscal 2025 with reported profit after tax of ₹6.23 billion, a 172 per cent increase. Agarwal was founder and operating lead during the turnaround period, but a June 2026 filing records his transition to founder and chairman. The result is completed and operational rather than announced.
Commercial consequence
22.1 / 25
The record produced measurable consequence in hospitality platforms and hotel operations, with company-wide outcomes kept distinct from personal credit.
Individual agency
17.7 / 20
As Founder and chairman, Ritesh Agarwal held an identifiable decision-making and execution remit.
Industry influence
13.3 / 15
Led a hospitality platform back to reported annual profitability. The work established a reference point beyond one financing or publicity cycle.
Asian and global relevance
8.8 / 10
Indian entrepreneur born in Odisha The work also carries consequence beyond one immediate market.