Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,913.455.3
Stock Analysis, IPO, Mutual Funds, Bonds & More

Drivezy gets parking at Oyo post agreement

"Our association with Drivezy will help us add a new dimension to our service offerings,” Gaurav Ajmera, COO — India and South Asia at Oyo, said.

, ET Bureau|
Sep 09, 2019, 08.47 AM IST
0Comments
Getty Images
GettyImages-481169794
"With this partnership, we look to address the commuting requirements of our guests.” Gaurav Ajmera, COO — India and South Asia at Oyo, said.
NEW DELHI: Hospitality chain Oyo Hotels & Homes and mobility platform Drivezy have entered into a commercial partnership that will see the latter park its vehicles at the SoftBank backed company’s properties across the country.

While the exact revenue sharing terms of the partnership were not disclosed, Drivezy-branded two and four-wheelers will be placed at Oyo properties that will allow the hospitality chain’s customers, as well as Drivezy users, to access the vehicles.

Both companies confirmed to ET that Drivezy has stationed about 1,200 two-wheelers in Oyo properties in Bengaluru and Hyderabad, with the stated aim of parking about 100,000 vehicles over the next three years in the company’s properties across the country. “With this partnership, we look to address the commuting requirements of our guests. Our association with Drivezy will help us add a new dimension to our service offerings,” Gaurav Ajmera, COO — India and South Asia at Oyo, said.

Also Read

Oyo sets sights on wedding business

OYO Workspaces forays into Hyderabad

Oyo to launch Japan hotels in SoftBank JV

Electrocution case: Oyo says it is cooperating with police authorities

Oyo Life starts co-living operations in Kolkata

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service