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OYO acquires Innov8, enters co-working space

OYO has finally announced the acquisition of coworking firm Innov8 in an all-cash deal . According to an email sent to OYO employees by Rohit Kapoor, Chief Executive Officer of new real estate businesses, the company will be opening up several centers under brand names – PowerStation and WorkFlo. While PowerStation would be catering to corporates and large enterprises, WorkFlo will focus on startups, customer support and sales unit of mid-sized companies. A report has accessed the email sent by Kapoor to the employees. A report had exclusively reported last month about OYO is opening up 1,000 plus seater PowerStation centre

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OYO acquires Innov8, enters co-working space

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