Innov8, a premium coworking brand owned by OYO, has reportedly sold 3% of its stake at a ₹1,000 crore valuation, signaling strong investor confidence in India’s booming flexible workspace sector. The sale, estimated to have raised around ₹30 crore, will help Innov8 fund its next phase of growth - aiming to expand its footprint across Tier 1 and Tier 2 cities.

The company plans to use the funds for scaling operations, acquiring new properties, and upgrading infrastructure to meet rising demand from startups, freelancers, and enterprise clients embracing hybrid work models. With over 90% occupancy in its current portfolio and a sharp rise in revenue over the past year, Innov8 is positioning itself as a key player in India's evolving office ecosystem.

This stake sale aligns with parent company OYO’s broader strategy to diversify beyond hospitality into real estate and workspaces. It also reflects growing investor interest in tech-enabled, design-focused coworking solutions, especially in a post-pandemic world where flexibility is the new normal.