OYO Tech

OYO is changing tack and shedding its 'affordable' image for its chain of premium coffee shops so that it can take on coffee chain giant Starbucks

OYO today opened its new tech development centre here, which would grow to 300 engineers by next year-end, the company said. This facility is focused on developing innovative products for customers, partners and employees, the hospitality company said. It was inaugurated by Telangana IT Minister K T Rama Rao. An OYO statement also said that National Institute of Tourism and Hospitality Management (NITHM) is in discussion to boost employability in the hospitality sector by leveraging OYO's expertise in the hospitality segment to develop a hybrid learning programme. Also in the works is an alliance with Telangana State Tourism Development Corporation (TSTDC) to maintain, market and promote select properties under the corporation, it said. Ritesh Agarwal, Founder & CEO, OYO, said, "This new Centre of Excellence for Machine Learning (ML) and Artificial Intelligence (AI) initiatives will help us consolidate our technology leadership. Additionally, strategic partnerships