Oyo Rooms has acquired Gurugram based co-working startup Innov8 in all cash deal worth about INR 220 Cr, according to sources familiar with the matter. Oyo and Innov8 have still not confirmed the news at the time of filing the story. As and when confirmation comes, it will mark Oyo’s entry into the co-working industry.…

India’s largest hospitality company Oyo Rooms is planning to break into unfamiliar territory of co-working space. A report published in the Economic Times (ET) claims that Oyo is in early stage discussion to acquire co-working space company Innov8 for nearly Rs 200 crore. The Gurgaon based company’s decision to enter into the co-working space is…