Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 10 2018

OYO plans to enter Japan in next 3-6 months

OYO has set up operations in five countries within the last 12-18 months.

After expanding to China and UK, the Gurugram-based hospitality company OYO is now planning to enter Japan in next 3-6 months.

Earlier, OYO raised $800 million from Japan's SoftBank Vision Fund and other investors. It took the company’s valuation to about $4 billion.

Of the raised $800 million, OYO said that it would invest about $600 million to strengthen its portfolio in China.

OYO is piloting a couple of properties in the capital city of Tokyo, with a formal entry expected to take place over the next three to six months.

Founded in 2013 by Ritesh Agarwal, OYO has set up operations in five countries within the last 12-18 months. It is now present in India, China, Malaysia, the UK and Nepal.

Comment
image
Related opportunities
  • Fine Dine Restaurants
    About Us:  Meal O Drama is an award-winning modern bistro in..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Security Services
    About Us: V-Authenticate builds innovative security products that raise security standards..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Juices / Smoothies / Dairy parlors
    About Us: Founded in 2016 and now stand with more than..
    Locations looking for expansion Telangana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Gyms and Fitness Centres
    About Us: Trugym is an innovative gym operator from the UK...
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities