Oyo Workspaces, an arm of India’s largest hospitality chain Oyo Rooms, has launched its new Innov8 centre in Hyderabad, marking its foray into the city. The new workplace have a capacity of over 700 seats that is located in Gochibowli.
The new centre in Hyderabad offers a meeting room starting at an introductory price of ₹600 per hour and a dedicated desk starting at a price of ₹7,999 per month.
Rohit Kapoor, CEO, New Real Estate Businesses, OYO, said, “With the demand for coworking spaces on the rise in Hyderabad, we will continue to upgrade various forms of real estate and rapidly transform them into efficient, connected and beautiful workspaces.”
The SoftBank backed hospitality chain Oyo was started by Ritesh Agarwal in 2013. The startup was started from a single hotel to over 8500 hotels at present. It is the fastest growing network of hotels, offline and online.
According to sources, OYO Workspaces has already received bookings from leading brands and tech startups like Welspun Global, Wenable Technologies, Milkpos Products, Knowledgehut, and Nowfloats Technologies.
While, apart from private offices, multiple meeting rooms and dedicated spaces for large and small companies, Innov8’s amenities include access to high speed WiFi, complimentary tea, coffee and printer services round the clock, break-out zones, gaming and recreational spaces as well as a multi-cuisine cafeteria.
Ritesh Malik, Founder, Innov8, said, “Design has always been a key differentiator for us as well as our focus on building a community of professionals through our in-house networking and community events.”
OYO Workspaces has three coworking brands, Workflo, Powerstation, and Innov8, which cater to the economy, mid-scale and premium economy segment.
It is now rapidly expanding to 22-plus centres with over 15,000 seats across 10 cities in the country.
Some of the significant co-working space provider companies include WeWork, The Hive, Mumbai Co-working, Awfis Space Solutions, 91 Springboard, etc.