Having expanded its budget hotel chain business to over 80 countries, India’s Oyo, which numbers Airbnb among its high-profile investors, is now targeting co-working spaces.

Oyo Workspaces is already operational in 20+ centres across 10 cities in India, with the capacity to serve more than 15,000 people. It aims to make it the largest co-working business in Asia by the end of next year, and has acquired co-working startup Innov8 for about $30 million.

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