DevX raises $7 million to fund expansion
India: Gujarat-based flexible workspace provider DevX has raised $7 million, with a mix of equity and debt split equally.
India: Gujarat-based flexible workspace provider DevX has raised $7 million, with a mix of equity and debt split equally.
India: Coliving operator Settl has raised Rs 10 crore (£950,000) in a pre-Series A funding round as it aims to expand its operations.
India: Flowork-Alpha, a renovated barge redesigned as a coworking space, is set to open to tech businesses in Goa.
India: Draper Start-up House, an “entrepreneurial ecosystem” has launched its largest coliving coworking community space in Hyderabad.
India: Akhil Sikri, the co-founder of coliving platform Zolostays is stepping down to start a new entrepreneurial venture.
India: Eqaro Guarantees, India’s first financial guarantees platform, and Maxemo Capital, have teamed up to give coliving operators in India access to short-term liquidity.
India: Bengaluru-based shared office space provider BHIVE has launched a ₹400 crore [approximately US$48 million] alternative investment fund [AIF] to acquire commercial real estate in prime locations for coworking spaces.
India: The Indian coliving sector is predicted to grow from the current 210,000 beds to 450,000 by the end of 2024.
India: Gujarat-based office space provider DevX has raised funding of $3 million from investors including the Urmin Family Office, Bidiwala Family Office, Navneet Publications, Venus Infrastructure and structural consulting firm Ducon.
India: Coworking firm Smartworks leases a 56,000 square feet coworking space in Ahmedabad, Gujarat.