Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 07 2019

OYO to foray into the US market

Apart from the new market of US, it is also present in the UK, Indonesia, Nepal, and Sri Lanka among others.

OYO to foray into the US market

Oyo is now foraying into the United States market, making it one of the rare Indian consumer-facing startup to expand into this market. The hospitality company has been aggressively expanding across the world including China.

Oyo has stepped on the gas in terms of expansion on foreign soil after recently closing $1 billion fund-raise by SoftBank. Apart from the new market of US, it is also present in the UK, Indonesia, Nepal, and Sri Lanka among others.

A spokesperson of Oyo said, "We are currently in the early stages of rolling out our first Oyo Townhouses in the States, bringing jobs for the young people and better living solutions for the middle-income population and millennials who are looking for affordable yet good quality living spaces."

"We see great opportunity in this market but also appreciate the competitive nature of franchising and uniqueness of the US," a spokesperson added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Multi Cuisine Restaurant
    About Us: In Hungary, one of the most popular types of..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    Feedx is all about promoting self-employment and entrepreneurship. We try..
    Locations looking for expansion Madhya pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
  • About Us: "SHISHURANJAN" is one of the oldest Toy sellers of all..
    Locations looking for expansion Rajasthan
    Establishment year 1975
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • The Gyanaya School was established in Bareilly District (U.P)  after..
    Locations looking for expansion Uttar Pradesh
    Establishment year 2002
    Franchising Launch Date 2015
    Investment size Rs. 10000 - 50000
    Space required 3500
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Bareilly Uttar Pradesh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities