Expanding its business, OYO comes up with renting houses as well

OYO is the second largest start-up in India. It gained popularity in a very short time and expanded globally. It has now come up with a new idea of renting houses too. On Tuesday it said that it will offer fully managed shared residential spaces, a business which will be known by the name ‘OYO Living’. Its initial targets will be students and working professionals. It will start with Rs 7,999, per bed per month.