The Office Pass, a Gurgaon based co-working place has raised USD 245,000 seed funding from angel investors including Arun Tadanki, former MD of Yahoo India and Southeast Asia.
The fresh funds will be used in enhancing the platform and hiring technology and product talent.
The office pass co-working space in running by three former employees of property portal Makaan.com. Aditya Verma, Nikhil Madan and Sachin Gaur, the cowering startup launched its operations in March, this year. Property portal Makaan was bought by rival PropTiger in 2015.
“The Office Pass is focused on building a scalable, capital-light business model where users can book office space on monthly, daily or even hourly basis,” Arun Tadanki, former MD of Yahoo Southeast Asia and India said.
The startup offers office space on flexible terms without the need for long lease or security deposits.