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
  • MEDSTM Pvt Ltd is both offline and online platform for..
    Locations looking for expansion Odisha
    Establishment year 2020
    Franchising Launch Date 2021
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Balangir Odisha
  • About Us: Max Lab, your partner in prosperity! We aim at achieving..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 50000 - 2lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Casual Dine Restaurants
      Throttle Shrottle is the venture of Saurav Priyadarshini, who used..
    Locations looking for expansion Haryana
    Establishment year 2014
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Quick Service Restaurants
    Sha Sha Shandaar Shawarma is a brand of Sumadhura Shandaar..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 70
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities