Hotline: 1800 102 2007
X
Search Business Opportunities
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 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.

Comment
image
Related opportunities
  • About Us:  TBSE" aspires to expand its presence in the PBCL..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: Welcome to Pop O’Bob !!! A unique Bubble Tea concept..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About HPS: HPS [Hyderabad Public School Pvt Ltd] is one of..
    Locations looking for expansion Andhra Pardesh
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 50lac - 1 Cr.
    Space required 10000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater 0 Andhra Pardesh
  • About US:  Founded in 1919 by the Vilgrain family, Delifrance today..
    Locations looking for expansion Delhi
    Establishment year 1983
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1000
    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