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Become A Startup Insider With Inc42 Plus
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Gurugram-headquartered hospitality unicorn OYO has found itself in the middle of a regulatory storm amid its ambitious expansion plans in the US. The company is under the scanner of multiple state governments in the US for signing franchise agreements with hotel owners.
According to legislators, the franchise contracts are illegitimate for not having received due approval in three states in the US — California, Maryland and Washington. In a conversation with Inc42, the company confirmed the regulatory hurdles.
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