Drivezy gets parking at Oyo post agreement

NEW DELHI: Hospitality chain Oyo Hotels & Homes and mobility platform Drivezy have entered into a commercial partnership that will see the latter park its vehicles at the SoftBank backed company’s properties across the country.

While the exact revenue sharing terms of the partnership were not disclosed, Drivezy-branded two and four-wheelers will be placed at Oyo properties that will allow the hospitality chain’s customers, as well as Drivezy users, to access the vehicles.

Both companies confirmed to ET that Drivezy has stationed about 1,200 two-wheelers in Oyo properties in Bengaluru and Hyderabad, with the stated aim of parking about 100,000 vehicles over the next three years in the company’s properties across the country. “With this partnership, we look to address the commuting requirements of our guests. Our association with Drivezy will help us add a new dimension to our service offerings,” Gaurav Ajmera, COO — India and South Asia at Oyo, said.