India's most valuable private hotel chain, Gurugram-based OYO confirmed it has acquired co-working space provider Innov8, reportedly for over ₹200 crore. OYO Workspaces is already operational across 10 Indian cities with over 20 centres, comprising Innov8, Workflo and Powerstation as its three in-house brands, OYO said. It added it plans to have 50 OYO Workspaces centres by end of 2019.