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Most Innovative Companies

Oyo

India’s largest hospitality company is Oyo, an Airbnb-esque network of properties that include free Wi-Fi, free breakfast, white linens, and other hotel features for a fraction of the cost of a normal hotel. The platform also includes on-demand booking and virtual check-in and checkout. Oyo saw a gap in India’s budget hotel offerings and has since used tech to make them a more viable option to tourists and visitors. So far, Oyo has partnered with 8,500 hotels and 70,000 rooms in more than 230 cities, while closing major funding rounds led by backer SoftBank. Oyo has also launched a higher-end brand called Townhouse, which is geared toward millennials with the goal of creating a community hotspot, a cafe, and a merchandise store experience all in one. The company also partnered with MakeMyTrip, India's largest online travel agency, to make its booking experience even more seamless.

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2019: India
2018: India
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headquarters: Gurugram, India
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