India’s largest hospitality group acquires and launches two new coworking brands

OYO, India’s largest hospitality company, has announced its acquisition of coworking firm Innov8 and the launch two new coworking brands— PowerStation and WorkFlo.

PowerStation will focus on tailoring its services to large corporations and enterprises, while WorkFlo will hone in on startups and mid-sized companies.

Innov8 is the fourth acquisition for the hospitality company, who also recently received $800 million from SoftBank to put towards expansion.