OYO Rooms is a travel company founded by Thiel fellow Ritesh Agarwal in 2013. Started as a social marketplace for short stay accommodation aggregating inventory of non-traditional accommodation, the Company has pivoted into a hotel management company under the OYO Rooms brand, which is today India's largest branded network of hotels spread across over 200 cities with more than 300,000 properties in India & China. OYO is now the largest budget hotel group in India and the third largest hospitality chain in the world.