Awfis | Pixr8 News

WeWork, a popular co-working venture which is a US-based firm is accelerating up to expand its existence in India. The firm is planning to set up more locations in areas such as Bengaluru, Mumbai and Gurugram with an aim to have over 35,000 seats in the country by the end of this year. Currently, the firm has its existence in only three of these cities in the country with about 12,000 seats. However, now it is also looking to establish co-working spaces in Chennai, Pune and Hyderabad next year. "We have been open for a year and we have grown very quickly. We started with 2,200 desks and we are now over 10,000 members which is pretty amazing," said Ryan Bennett, Chief WeWork Officer. These days co-working has become a very convenient option for not only startups but big companies as we...

Qdesq, a workspace rental platform, has raised an undisclosed amount from a clutch of investors, led by Kajaria Ceramics Joint MD Rishi Kajaria, Jaipuria Beverage and Food Director Ruchirans Jaipuria and Jai Drinks Director Anuraag Jaipuria. The angel round also saw participation from existing investors Dheeraj Jain (Partner, Redcliffe Capital), Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra. The company, however, declined to share details of the funding. "We are currently at 216 venues across Delhi NCR in both formats - short occupancy (meeting rooms, workspace for a day and Qcafe) as well as long occupancy (workspace on monthly basis). With a current growth of 60 per cent month-on-month on the revenue side, 20-25 Qdesq verified venues are appended to the list on supply side ...

Tag: Awfis

WeWork To Expand its Existence to 20 Locations in India

Qdesq Raises Angel Funding To Tap Workspace Market