Number of coworking centres likely to double or treble in 2 yrs: Anarock
In the coworking space, top seven operators - Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard and OYO Workspaces have more than 350 centres across cities in the country, Anarock Property Consultant managing director Anuj Puri said.
ChrysCapital leads $30 million round in Awfis
Proceeds from the deal will be primarily utilised to expand capacity, according to Amit Ramani,...
Awfis opens its largest centre in Bengaluru
Awfis Space Solutions operates its second largest centre, spread over 50,000 sq feet, in Pune, wh...
Awfis in talks with ChrysCap for a $25 m funding round
Awfis, which was seeded by Three Sisters, has so far raised an estimated $51 million in a mix of equity and debt financing.
Co-working spaces burn the midnight oil
Companies like GoWork, IndiQube, The Hive and Awfis are actively onboarding companies which work in night shifts to gain 24/7 occupancy.
Oyo buys co-working firm Innov8, eyes 50 centres by year-end
As part of the acquisition, Oyo will also onboard an estimated 150 Innov8 employees on to its rolls.
CoWrks plans to raise $350 million to fund expansion
Collaborative workspace provider looking to take total desk count to 65,000 by the end of this year.
SmartOwner invests Rs 30 crore in co-working firm Workspace
The funds will be used to build co-working space spread over 500,000 square feet in Pune with a target internal rate of return of 24%.
Awfis opens its 1st centre in Chandigarh; set to expand its footprint by 2X pan India in 2019
The co-working facility is spread across 15,000 square feet and is capable of seating over 300 customers and eyes to expand further in the region in the next 10-12 months.
Co-working space provider Workafella to launch its largest centre in Chennai
In a bid to achieve its target of 25,000 seats by the end of FY 2019-2020, the company is also looking at further expansion in Mumbai, Bangalore, New Delhi and NCR.
Awfis picks up 3 lakh sq ft on lease across 5 cities
The company is planning to set up eight new centres across these five cities taking its total portfolio to 63 centres with 30,000 seats across 10 cities.
Awfis Space raises $20 million more
Prior to this, the company had raised $31 million through two rounds from TTS:IO and founder Amit Ramani.
Incubex NestaVera to invest Rs 100 crore for expansion
The firm will use the money to expand its presence in Bengaluru and enter newer cities such as Hyderabad, Pune and Mumbai.
Co-working spaces take steps to handle sexual harassment
With co-working offices, the issue becomes a bit tricky because they are not typical workplaces and there is no employer-employee relationship.
Innov8 co-working raises $4 million to double its seats to 8,000
Started in 2015, Innov8, which was also part of Silicon Valley incubator Y Combinator, has around 4,000 seats across 13 centres in Mumbai, Bengaluru, Delhi/NCR and Chandigarh.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service