OYO forays into Indonesia, announces $100 mn expansion plan
Days after launching operations in UAE, Gurugram-based hospitality startup OYO has forayed into Indonesia, as part of its overseas expansion. The startup's Founder Ritesh Agarwal said it will also invest over $100 million in the country and expand to the top 35 cities over the next 15 months. OYO is currently operational in countries including the UK, China, and Nepal.