OYO is bringing PowerStation, its own mid-scale coworking brand. The SoftBank-backed firm will be setting up multiple centres in Delhi (NCR) and Bengaluru over the next 6 months. PowerStation by OYO is providing customised services, private offices, and virtual working spaces. Sources close to the development said, "OYO’s first centre is a 500 seater property in Pioneer Park, Golf Course Extension Road (Sector 61) in Gurugram." The hospitality firm has been expanding its core hospitality business in various international markets. It is also making debut in several segments like event management, co-living, foodtech, and co-working in India. OYO’s foray into the coworking space has come just after its debut into foodtech business.
SoftBank-backed budget hotel chain OYO is launching a mid-scale co-working brand and aims to open a number of centres in OYO and OYO over Earlier this year . PowerStation by OYO will open its first location in Pioneer Park , a mixed-use development in Gurugram , which will have capacity for 500 members. the next six months , OYO was reportedly in talks to acquire co-working firm Innov8 .