Oyo Jobs! This startup generated 100,000 jobs, says will double it in 2020
Hospitality firm OYO today said it has created over a lakh direct and indirect jobs in India and is aiming to double the number by 2020. The company is helping empower multiple ancillary industries in the hospitality ecosystem by leveraging scale to make bulk procurement that supports local businesses, OYO said in a statement.
He said that over half of the 1 lakh jobs created by it were in smaller towns and cities of India, adding "As we grow at scale, so does the possibility of an entrepreneurial ecosystem of direct and indirect employment. We, therefore, aim to double economic opportunities created by 2020." Image source: Reuters