Looking for Investment for One of the First Top Coworking Space in Ahmedabad
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Product / Service
Space provides open and cabin spaces, meeting room, conference room, and a small event area. It has a rooftop cafe for building users.
Clientele type
IT, Healthcare, Finance, Architects, Design
Premises
Navrangpura, Ahmedabad
Asking Price Includes
Equity
Reason
Expansion
Other Details
Won the Member's Choice Award
This CoWorking space was started in October 2016 with the vision of breaking the monotony of startup incubation culture and creating alternatives for the typical agent-driven market of the workspace renting in Ahmedabad.
Within 20 months of inception, this business was been able to:
1. Create the strong positioning in Ahmedabad amongst other coworking spaces which have been there for more than 2 or 3 years. It lists in top 3 coworking spaces in Ahmedabad in google and other platforms.
2. reate a significant presence in digital media with its content, communication, and engagement with the community. It aims to leverage its presence for its co-workers and their businesses.
3. Engage community by organizing events relevant for startups, the tech community, students and millennial on social issues as well
Previous Investment Rounds
In Dec 2018, we raised a small round of funds to expand the business and were able to increase the capacity by 7X and were able to increase the revenues by 4.5X.
The turnover for FY 2017-18 was INR 12 lakhs.
The turnover for FY 2019-20 was INR 56 lakhs.
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₹10 to ₹200 Cr
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