Co-working spaces look to make fat revenues from lean startups

Co-working spacesYou are a young entrepreneur running a bootstrapped startup. Capital is precious little and the number of employees fluctuates often. Since you are early-stage, landlords and commercial property-owners are wary of letting out space to you. And, even if they agree, the deposit they seek is logic-defying. Enter co-working spaces. Not only do they let […]

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LetsVenture, Venture Catalysts lead funding in co-working space Innov8

For-Satvacart-Story-TC_ThinkstockPhotos-611186240New Delhi-based Guerrilla Infra Solutions Pvt. Ltd that runs co-working space Innov8 has raised an undisclosed amount in an angel round led by online deal-making platform LetsVenture and Mumbai-based seed investment platform Venture Catalysts, it said in a statement. Other investors who participated in the round include Vijay Shekhar Sharma (Paytm), Rajan Anandan (Google), Kunal […]

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Co-working space provider InstaOffice raises funding led by Globevestor

light-828547_1280Gurgaon-based InstaOffice Business Solutions Pvt. Ltd, which runs a chain of business centres and co-working spaces, has raised an undisclosed amount of funding in a pre-Series A round led by online venture capital platform Globevestor, it said in a statement. The round also saw participation from a group of angel investors including Zishaan Hayath, co-founder […]

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How incubators in India are helping startups grow

For-Startup-Incubators-Story_people-coffee-tea-meeting_feFor Anand Shahani, founding WedMeGood, an online wedding planning portal, in 2014 was just the beginning. Within a few months, he realised that he needed networking and mentoring to take the business in the right direction. After much deliberation, he decided to knock at the doors of 91SpringBoard, a Delhi-base co-working space and incubation center. […]

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Challenge is to deliver what you promise: 91springboard’s Pranay Gupta

Pranay GuptaIt’s a challenging time for startups as with their rapidly-growing numbers comes the pressure to surpass expectations with innovative ideas that can lure fund houses that are looking at growth possibilities. As a ‘startup-hub’, India ranks third globally with over 4,750 startups, as per NASSCOM’s Product Council report published in October. But the track record […]

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Exclusive: Former Flipkart CPO Punit Soni invests in Innov8

Punit SoniFormer Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. Innov8 is one of the three Indian companies selected by Y Combinator, a famous Silicon Valley incubator, for its summer batch of 2016. The other two startups selected include Meesho, an app for […]

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Co-working space provider 91springboard raises funds from Khattar Holdings, others

From L to R: Anuj Pulstya, Pranay Gupta, Deepak Sharma, Anand Vemuri & Varun Chawla, Co-founders, 91SpringboardDelhi-based 91springboard, a firm that provides co-working spaces to startups, said on Thursday it has raised an undisclosed amount of funding from Khattar Holdings, ThirtyThree Investments and others. Other investors in the company include Sumit Dayal, global head of corporate finance at Standard Chartered Bank; Rohit Gupta, president of Sony Entertainment Television; and Rahul Gupta, […]

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