In brief: Oyo expands into the US

Hospitality company Oyo is entering the US, making it one of the rare Indian consumer-facing startups to expand into the market. The company is reportedly in the early stages of rolling out its first Oyo Townhouses in the country.

After recently raising US$1 billion, Oyo has stepped on the gas pedal in terms of overseas expansion. In addition to the US, the company is also present in the UK, Indonesia, Nepal, and Sri Lanka. Its expansion into the Philippines is also underway.

Source: Economic Times