Softbank-backed hospitality chain OYO has acquired co-working brand Innov8 and aims to open 35 new centres in India over the next year. The company, which announced earlier this month the launch of mid-scale co-working brand PowerStation by OYO, also owns flexible office provider WorkFlo. Similar ... “Co-working is a growing segment that will continue to grow as more people find it convenient for their work schedules or personal lives,” said Yoichiro Ito, president of Oyo.
Softbank-backed hospitality chain OYO has acquired co-working brand Innov8 and aims to open 35 new centres in India over the next year. The company, which announced earlier this month the launch of mid-scale co-working brand PowerStation by OYO, also owns flexible office provider WorkFlo. “Co-working is a growing segment that will continue to grow as more people find it convenient for their work schedules or personal lives,” said Yoichiro Ito, president of Oyo.