Ritesh Agarwal logo

Ritesh Agarwal

Asia, India

Description

Ritesh Agarwal, the visionary founder and Group CEO of OYO, has emerged as a prominent angel investor in the Indian startup ecosystem. Leveraging his extensive experience in building a decacorn from the ground up, Agarwal primarily focuses on early-stage companies, offering not just capital but also invaluable mentorship and strategic guidance. His investment philosophy centers on backing passionate founders with innovative ideas and strong execution potential, often in sectors he understands well, such as consumer technology, mobility, and ed-tech.

Agarwal's personal investment portfolio is diverse, spanning various high-growth segments. He has notably invested in over 20 startups, demonstrating a consistent commitment to fostering the next generation of Indian entrepreneurs. His investments include prominent names like Unacademy, a leading ed-tech platform, and BluSmart Mobility, an electric ride-hailing service, showcasing his interest in disruptive business models.

Typically, Ritesh Agarwal's first cheques for these early-stage ventures range from approximately $100,000 to $500,000. These investments are often part of larger seed or pre-Series A rounds, where he co-invests alongside established venture capital firms. His involvement is seen as a significant validation for young companies, given his journey with OYO, which has become one of India's most recognized global hospitality brands. His active participation as an angel investor underscores his belief in India's startup potential and his desire to contribute to its continued growth.

Investor Profile

Ritesh Agarwal has backed more than 25 startups, with 11 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Undisclosed rounds (top funding stages).
  • Majority of deals are located in India, Singapore.
  • Strong thematic focus on EdTech, Education, Food and Beverage.
  • Led 3 rounds in the past year.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (40%)
  • Series A (16%)
  • Undisclosed (16%)
  • Debt Financing (8%)
  • Series H (4%)
  • Series Unknown (4%)
  • Series B (4%)
  • Series E (4%)
  • Pre Seed (4%)

Country Focus

  • India (80%)
  • Singapore (12%)

Industry Focus

  • Edtech
  • Education
  • Food And Beverage
  • E-learning
  • Artificial Intelligence (Ai)
  • Software
  • Training
  • B2b
  • Machine Learning
  • Saas
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ritesh Agarwal frequently co-invest with?

Owl Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Titan Capital
Asia, Haryana, India, Gurgaon
Co-Investments: 2
Z47
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Venture Catalysts
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Lightspeed India Partners
Asia, Delhi, India, New Delhi
Co-Investments: 5
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 2
Aroa Venture Partners
Asia, Haryana, India, Gurgaon
Co-Investments: 3
100Unicorns
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
IIFL Finance
Asia, Maharashtra, India, Mumbai
Co-Investments: 2

Which angels does Ritesh Agarwal often collaborate with?

Aakash Chaudhry
Asia, Delhi, India, New Delhi
Shared Deals: 2
FS
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 2
CG
Europe, England, United Kingdom, London
Shared Deals: 2
Vineeta Singh
Asia, Maharashtra, India, Mumbai
Shared Deals: 3
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Abhinav Sinha
Asia, Haryana, India, Gurgaon
Shared Deals: 3
Anupam Mittal
Asia, Maharashtra, India, Mumbai
Shared Deals: 2
AA
North America, California, United States, San Francisco
Shared Deals: 1
Maninder Gulati
Asia, Haryana, India, Gurgaon
Shared Deals: 2
Namita Thapar
Asia, Maharashtra, India, Pune
Shared Deals: 4

What are some of recent deals done by Ritesh Agarwal?

Kluisz.ai

Bengaluru, Karnataka, India

Kluisz.ai is a startup focused on building a generative AI (GenAI)-powered private cloud platform.

Cloud ComputingGPUSecurity
SeedJul 23, 2025
Amount Raised: $9,600,000
Culture Circle

Haryana, Haryana, India

Culture Circle largest Collection of Authentic Drip.

FashionRetail
UndisclosedJul 16, 2025
Tribalveda

Udaipur, Rajasthan, India

Tribalveda offers organic products made from Jamun fruit, hand-processed by tribal women.

E-CommerceFood and BeverageOrganic Food
UndisclosedMar 3, 2025
Amount Raised: $57,256

We are India's leading manufacturers in sleeping bags, neck pillows, passport holders, air pillows and messenger bags category.

SeedFeb 28, 2025
Amount Raised: $57,161

We are India's leading manufacturers in sleeping bags, neck pillows, passport holders, air pillows and messenger bags category.

Debt FinancingFeb 28, 2025
Amount Raised: $57,161
Earthful

Hyderabad, Andhra Pradesh, India

Earthful is a plant-based nutrition brand that offers products that are science-backed nutrition supplements.

Health CareNutritionPersonal Health
SeedFeb 27, 2025
Amount Raised: $573,496

A startup working in the field of education and providing consulting, management services and solutions to rural schools in India.

Debt FinancingFeb 27, 2025
Amount Raised: $57,256

A startup working in the field of education and providing consulting, management services and solutions to rural schools in India.

SeedFeb 27, 2025
Amount Raised: $57,256
Bambinos Learning Solutions Pvt. Ltd.

Bengaluru, Karnataka, India

Bambinos is India’s #1 English learning platform for kids built by a team of IIM Graduates.

Education
UndisclosedFeb 11, 2025
Amount Raised: $114,847
BorderPlus

Mumbai, Maharashtra, India

BorderPlus is a talent mobility platform that offers international career opportunities for healthcare professionals.

Pre SeedFeb 10, 2025
Amount Raised: $7,000,000