Shark Tank India, with its unique format and dramatic flair, has truly won over hearts. It not only showcases awe-inspiring business ideas, but also serves up some meme-worthy moments that keep the audiences hooked. Even for businesses that miss out on funding, the show provides a platform to gain attention and make the most of the opportunity. Above all, it is the panel of judges who bring the much-needed spice to the show along with their amazing entrepreneurial skills. Now hold on to your seats as Shark Tank India recently unveiled its new judge for the upcoming season, who is none other than the founder and CEO of OYO, Ritesh Agarwal.
Ritesh will be joining fellow sharks Aman Gupta (boAt CEO and co-founder), Peyush Bansal (Lenskart Co-founder and CEO Lenskart), Vineeta Singh (Sugar Cosmetics’ CEO), Anupam Mittal (founder of Shaadi.com), and Amit Jain (CarDekho CEO and co-founder). Ritesh is currently 29 years old, making him the youngest judge on the Shark Tank panel. Here’s everything to know about the show’s newest member.
When I began my entrepreneurial journey, resources were hard to come by. However, the generosity and kindness of the ecosystem (mentors, VCs, other founders) that took me in made the journey a bit easier and more fulfilling. To be able to replicate this has been a long-standing… pic.twitter.com/Ku8SBTUjaN— Ritesh Agarwal (@riteshagar) September 30, 2023
Born in Bissam, Cuttak, Ritesh moved to Delhi for college in 2011 after completing his studies at St. John’s Senior Secondary School, Kota. However, he dropped college in the hope of doing something bigger, and well, he did. According to Seed To Sacle, Ritesh started a company providing budget-friendly accommodation, Oravel Stays, in 2012 and even got accepted into the accelerator program by Venture Nursery. In 2013, he became the first Indian to be selected for the Thiel Fellowship and received grant money of $100,000 (83,03,500 approximately) as a winner. With this money, he went on to establish OYO Rooms in 2013 and managed to raise $1 billion by September 2018. Throughout his journey, Ritesh has won many awards and accolades including ‘Forbes 30 Under 30’ and Young Entrepreneur Award by Business World among others. And in 2020, his net worth was estimated to be approximately $1.1 billion.
We are sure that Ritesh’s experience and success in the business world would add a new layer of excitement to the show.
Featured Image: Instagram