Ritesh Agarwal, Founder and CEO – OYO, speaks to budding entrepreneurs on Carlton’s digital property ‘LegendSpeak’
National,9th November 2016:Carlton, the premium luggage brand from the house of V.I.P. Industries, hasreleased the 3rd episode of the series ‘LegendSpeak’ with Ritesh Agarwal, Founder and CEO – OYO.LegendSpeak aims to be an interactive reference point for aspiring young business entrepreneurs,where they will be able to gain inspiration from the success stories of some of the most well-known and respected homegrown entrepreneurs. The property has been conceptualized and created exclusively by Carlton, The Venturatortheonline entrepreneur networking portaland is hosted at Tata Starbucks.
Speaking about his groundbreaking journey on LegendSpeak, Ritesh Agarwal, Founder and CEO – OYO said, “Starting outrequires a great deal of conviction and self-belief. We faced considerablechallenges in the initial phase including lack of funds and resources. It was also tough to convince hotel-owners to participate in a new model of doing business. But through sheer grit and the team’s commitment, we pulled through to create what is today India’s largest hotel-network.”
Speaking to upcoming entrepreneurs he added, “It’s important to have an idea that solves a real problem but that is only half the battle. The real test of an entrepreneur is execution. People say you need experience to start your own business, but what reallyhelps you grow are your failures. It is only when you come to terms with them and see them as something to gain from, that you will really be on the path to success.”
Link to the video: https://www.youtube.com/watch?v=X3HeolCR2vc
Elaborating on the digital property Mr. Sudip Ghose, Vice President-Marketing, V.I.P Industries said, “We are extremely thrilled to provide our audience an access to some of the most creative minds in the entrepreneurial eco-system in our country. As a brand, we simply aspire to fuel the passion within the startup community which is currently growing at a rapid pace. Ritesh Agarwal is one of the youngest entrepreneurs this country has seen and he truly has a compelling success story. With LegendSpeak we want to inspire the future entrepreneurs of India who will be the New Face of Business.”
Links to the previous episodes of LegendSpeak:
- Sachin Bhatia, Co-founder of TrulyMadly.com and MakeMyTrip.com
- Anurag Jain, Co-founder of CarDekho.com
Carlton is one of the leading global luggage brands providing quality luggage to discerning consumers for over 40 years. With its design aesthetic rooted in London, Carlton has grown into an international brand, selling contemporary, durable, innovative and stylish luggage in over 60 countries across four continents. Carlton carries a British heritage that manifests itself through design, quality, communication and imagery.
Starbucks entered the Indian market in October 2012 through a 50:50 Joint Venture with Tata Global Beverages and currently operates 84 stores in India across Mumbai, Delhi NCR, Hyderabad, Chennai, Bengaluru and Pune, through a network of over 1200 passionate partners (employees). Starbucks stores are operated by the joint venture, TATA Starbucks Private Limited, and branded as Starbucks Coffee – “A Tata Alliance”.
About The Venturator:
The Venturator is an online platform that helps early stage startups connect with investors and other ecosystem enablers. The core philosophy of The Venturator is to help startups scale from Point A to Point B in the shortest time span. As a part of their offline engagement, they conduct The Velocity Series every year on one Saturday of every month.
Founded in 2013, OYO is today India’s largest branded network of hotels operating 6,500 hotels and 70,000 rooms in more than 200 Indian cities. These include major metros, regional hubs, top leisure destinations as well as pilgrimage towns. OYO is also present in Malaysia.
The company’s mission is to become the world’s most preferred and trusted hotel brand. OYO pioneered the industry-wide standardization of stay experience in India by providing AC rooms equipped with flat-screen TV, complimentary breakfast, free Wi-Fi 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. To deliver a seamless, standardized experience to guests, OYO partners with IRCTC, Airtel, Samsung, Lenovo, Biotique, Cleartrip, Itzcash, FreeCharge, Mobikwik and Grofers.
Committed to delivering innovative offerings to travellers, OYO recently introduced ‘Sunrise Check-in’ – a global-first initiative at this scale. With this, guests can avail assured early check-in instead of the standard noon check-in – a universal pain point impacting travel plans. OYO has also introduced a ‘relationship mode’ in its app enabling guests to discover couple-friendly OYO hotels.
OYO has received awards including Express IT Start-Up of the Year award (2015) and was recognized by Business Today as among the Coolest Start-Up in India (2016). It was also ranked by LinkedIn 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. For more information, log on to:https://www.oyorooms.com/