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VCGuy

Believe me, itโ€™s not...ย โ€ขย 3m

Investors appear optimistic about co-working spaces and startups are capitalizing on this trend. ๐ŸขA growing number are looking to raise funds via VCs , Family Offices or through the IPO route - - Innov8 raised โ‚น110 Cr via a primary funding - Workie raised โ‚น13 Cr from Family Office's and Individual investors - Smartworks filed DRHP with SEBI for โ‚น660 Cr - IndiQube Spaces filed DRHP for โ‚น850 Cr - Incuspaze is looking to raise โ‚น210 Cr Co-working spaces now make up ~22% of the overall office space demand (as per CBRE research) ๐Ÿ‘‰What is fueling this demand? (1). Pay-as-you-go options help cut down on unnecessary expenses (esp. if you're offering hybrid work). (2). Scale or shrink your office as and when needed (3). No maintenance hassles (4). F&B, concierge services โฉHyderabad, Pune, Chennai, and Noida are likely growth hubs as Space-as-a-Service takes off.

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