When OYO CEO Ritesh Agarwal had Rs 23 in his bank account and no place to stay. Watch

In a video released on X (formerly Twitter), Ritesh Agarwal could be heard talking to movie producer Ronnie Screwvala and sharing a story from his early days of struggle in Delhi.

Moneycontrol News

September 02, 2023 / 13:49 IST

Ritesh Agarwal shared a video where he was heard speaking to Ronnie Screwvala about his early struggles.

OYO CEO Ritesh Agarwal has had to endure a journey full of ups-and-downs on his way to becoming a successful entrepreneur. In a video released on X (formerly Twitter), Agarwal could be heard talking to movie producer Ronnie Screwvala and sharing a story from his early days of struggle in Delhi.

"Few days I went out to meet other hotel owners, stay there etc. When I came back, ghar locked tha, saman packed hoke seediyon main rakha hua tha and manager owner ke guard se poocha toh sahab ne bola ki saman bahar rakh doh aapka security lapse ho gaya. Maine bola raat ko kahaan jaaunga main. Main Dilli main naya tha, main sirf iss business ko karne ke liye wahaan tha,(The house was locked and all my belongings were kept on the staircase. I asked the guard who said the owner had told to keep all the belongings outside since the security had got lapsed. I said where will I go at night. I was new in Delhi and had come for business purposes)" Agarwal said.

Throwback to when I spoke to @RonnieScrewvala about my early experiences.
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Every founder's journey is uniquely woven with the struggles and losses they’ve dealt with early on. With time, those moments of uncertainty start seeming like chapters of character-building.
If… pic.twitter.com/XT0wtwCzmz
— Ritesh Agarwal (@riteshagar) September 1, 2023

Agarwal added that he only had Rs 23 in his bank account at the time and his telephone was blocked by the company since he had not yet paid the phone bill.