Reading Time: 2 minutesIndia: Akhil Sikri, the co-founder of coliving platform Zolostays is stepping down to start a new entrepreneurial venture.
Reading Time: 2 minutesIndia: 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.
Reading Time: < 1 minuteIndia: 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.
Reading Time: 2 minutesIndia: The Indian coliving sector is predicted to grow from the current 210,000 beds to 450,000 by the end of 2024.
Reading Time: < 1 minuteIndia: 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.
Reading Time: < 1 minuteIndia: Coworking firm Smartworks leases a 56,000 square feet coworking space in Ahmedabad, Gujarat.
Reading Time: < 1 minuteIndia: Coliving brand Isthara has raised fresh funding of $10 million, led byDubai-based Eagle Investments.
Reading Time: < 1 minuteIndia: Coliving operator Settl says it will add 1,000 beds in Hyderabad to meet the rising demand from young professionals returning to the office.
Reading Time: 2 minutesIndia: Coworking operators’ share of overall Indian office space leasing jumped to 20 per cent during H1 2022, according to real estate consultant Anarock, up from six per cent the previous year.
Reading Time: < 1 minuteIndia: Coliving operator Settl. has announced plans to add 2,000 beds by June 2023 across Delhi-NCR, Bengaluru and Hyderabad.
Be among 14,000+ urban living leaders receiving our editor George Sell’s weekly perspective on the biggest stories shaping the sector. Subscribe now!
: