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Aroa Ventures
Aroa Ventures was formed as the investment vehicle for Ritesh Agarwal after he founded OYO. The firm operates from Gurgaon with an additional office in...
Aroa Ventures
Aroa Ventures was formed as the investment vehicle for Ritesh Agarwal after he founded OYO. The firm operates from Gurgaon with an additional office in Singapore. It targets seed through growth equity opportunities. The portfolio spans Digital Health, FinTech, PropTech, AgriTech & FoodTech, Mobility & Transportation, Gaming, Media & Entertainment, and HRTech. Investments occur through direct equity and SPV structures. Confirmed co-investments include Easy Eat AI alongside Reddy Futures Family Office and Prophetic Ventures. Additional positions appear in the EdTech sector with Deepinder Goyal and Mirae Asset. Activity remains focused on India and broader Asia. The team includes Gaurav Gulati as Head of Ventures and Sekhar Puli and Nitin Wadhwa as Managing Partners. Sekhar Puli joined in 2024. The firm maintains a relationship with the Government of India's Fund of Funds for Startups and the State of Uttar Pradesh as limited partners in its second fund. Aroa Ventures also lists BV Investment Partners as a business partner. The structure links directly to RA Hospitality Holdings Co. Pte. and operates alongside the Asha-Jyothi Foundation established by Sekhar Puli. This setup separates the family office deployment from philanthropic vehicles while retaining operational ties to the founder's prior companies.
General information
Firm type
Venture Capital
Year founded
2020
Location
Region
Asia
Country
India
City
Gurgaon
Corporate office
Vatika Towers, 8th Floor, Gurgaon, India
Additional offices
Singapore
Principals
Ritesh Agarwal
Family Principal / Founder
Gaurav Gulati
Head of Ventures
Sekhar Puli
Managing Partner
Nitin Wadhwa
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Aroa Ventures?
Ritesh Agarwal serves as Family Principal. Gaurav Gulati heads ventures. Sekhar Puli and Nitin Wadhwa act as Managing Partners.
How does Aroa Ventures source proprietary deal flow?
The firm draws on relationships from Ritesh Agarwal's OYO network and co-investor introductions. It has hosted pitch events with T-Hub and maintains ties to other family offices.
Does Aroa Ventures participate in fund commitments or only direct deals?
The firm executes direct equity investments and SPVs. It has accepted limited partner commitments from the Government of India's Fund of Funds for Startups and the State of Uttar Pradesh.
What investment stages does Aroa Ventures typically target?
The firm focuses on seed, early stage, and growth opportunities.
Where does the underlying wealth come from?
Wealth originates from Ritesh Agarwal's founding of OYO and is held through RA Hospitality Holdings Co. Pte.
Does Aroa Ventures maintain philanthropic structures, and how are they separated?
Sekhar Puli founded the Asha-Jyothi Foundation. The foundation operates separately from the family office's investment activities.
What is Aroa Ventures' known posture on co-investments alongside external GPs?
The firm has co-invested with Reddy Futures Family Office, Prophetic Ventures, Deepinder Goyal, Mirae Asset, Credence Family Office, and GVFL on specific transactions.
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