WeWork India Management, an office-sharing business owned by the Embassy Group, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), the capital markets regulator, in order to acquire money through an initial public offering (IPO).
An offer for sale (OFS) of up to 4.37 crore equity shares is part of the company’s first public offering (IPO). The OFS includes up to 1.02 crore equity shares held by 1 Ariel Way Tenant Limited (Investor Selling Shareholder) and up to 3.34 crore equity shares held by Embassy Buildcon LLP (Promoter Selling Shareholder). Proceeds from the sale offer will not be given to the company.
Share Proportion of WeWork India
The main stake in WeWork India is held by Embassy Group, which has constructed more than 85 million square feet of commercial real estate and is the sponsor of Embassy REIT, the first REIT in India and the largest office REIT in Asia in terms of leasable area, according to Coldwell Banker Richard Ellis (CBRE), the American commercial real estate services and investment company.
One of the few flexible workspace providers in India with the support of a significant real estate developer is WeWork India. Embassy Buildcon LLP owns 76.21% of the business, with public stockholders owning the remaining shares, including 23.45% of the UK-based 1 Ariel Way Tenant. The issue’s book running lead managers are JM Financial Ltd, ICICI Securities Ltd, Jefferies India Pvt Ltd, Kotak Mahindra Capital Company Ltd, and 360 ONE WAM Ltd.
Financial and Operational Dynamics of WeWork India
WeWork India serves a wide spectrum of clients, including startups, small and mid-sized businesses, individuals, and large corporations, by offering flexible, high-quality workspaces. A notable list of Fortune 500 firms, domestic and foreign corporations, major enterprises, GCCs, MSMEs, and startups are among its members.
About 93% of our portfolio as of June 30, 2024, consisted of Grade A properties. In terms of earnings, the company reported a loss of INR 146.8 crore in the previous fiscal year, which decreased to INR 135.8 crore in the fiscal year 2024. However, income increased by 26.7% to INR 1,665.1 crore during that same time, compared to INR 1,314.5 crore. On revenue of INR 918.2 crore, profit for the six-month period ending in September 2024 was INR 174.6 crore.
WeWork Marking Stronger Presence in India
WeWork Global made headlines in 2023 when it declared bankruptcy in the US due to post-pandemic stress, skyrocketing real estate prices, exorbitant leasing costs, and its incapacity to repay loans. However, the Indian arm then emphasised that it is a stand-alone business, thriving with ambitious expansion plans, and remains largely unaffected by the insolvency.
WeWork India also announced in January that it had raised INR 500 crore through the issuance of securities through its parent company, WeWork, and the Embassy Group. According to the corporation, the money would be used to pay down current debt, lower capital expenses, and move towards becoming “debt-free.” WeWork India has 94,440 desks spread across 59 operational centres as of September 30, 2024, with a total of 6.48 million square feet of leaseable space for operational centres.
According to reports, WeWork India, a joint venture between the American co-working giant WeWork and the Bengaluru-based real estate company Embassy Group, is considering preparations for an initial public offering (IPO). WeWork India is looking to go public with a target valuation of $2 billion to $2.5 billion. JM Financial has been designated as the book-running lead manager for the issue by the company, according to reports.
The IPO is expected to increase the valuation of WeWork India, which was valued at less than $400 million in its most recent investment round in 2020. According to the report, the company hopes to collect $350 million to $475 million through its first public offering.
WeWork’s IPO Offerings
Depending on the state of the market, the exact figures will be decided closer to the IPO date. Both a primary capital raise to assist corporate expansion and a secondary stake sale by current shareholders, including WeWork US, will be part of the offering.
The South Korean automaker Hyundai Motor Company, whose Indian unit is listed at a little discount after the nation’s largest IPO, had a disastrous Indian market debut. Now, WeWork’s intention to go public in the Indian stock market is a very interesting development for market observers to look forward to.
Plans to Launch the IPO in 2025
By year’s end, the corporation is supposed to submit the required paperwork. The Embassy Group is also hoping to shore up liquidity through the issuance; therefore, the firm is aiming for a listing by the first half of 2025. WeWork US came out of bankruptcy earlier this year with a $750 million equity valuation, and Anant Yardi, a digital entrepreneur of Indian descent, became the new majority owner. According to reports, the Embassy, supported by the Virwani family, attempted to purchase a 27% share in WeWork India from WeWork Global, but those plans were unsuccessful.
WeWork India sought to raise approximately $150 million from a group of investors, including Mithun Sacheti, the creator of CaratLane, the family office of Enam Group, and venture fund A91 Partners, in order to finance this transaction. The deal ultimately fell through, despite the company’s goal of a $550 million valuation.
About WeWork
With the goal of establishing spaces where individuals and businesses can collaborate and perform at their highest level, WeWork was established in 2010. Since establishing its initial office in New York City, the company has expanded to become a global provider of workplace solutions dedicated to offering adaptable solutions, motivating, secure environments, and unparalleled community experiences. Since that’s how the future operates, WeWork is always rethinking how the workplace can make everyone—from Fortune 500 companies to independent contractors—more driven, effective, and content.
The recent bankruptcy of WeWork, the once $47 billion office-sharing startup, serves as a stark reminder of the dynamic nature of work and the imperative for businesses to adapt to evolving cultural norms. At its core, WeWork’s concept of providing flexible office spaces resonated with the growing number of gig workers and those seeking alternative work arrangements. However, the company’s decline underscores the importance of aligning business models with underlying cultural shifts and avoiding excessive risk-taking.
Redefining “Office”: A Linguistic and Cultural Exploration
The recent collapse of WeWork, with its valuation plummeting from $47 billion to nearly zero, has prompted substantial losses for SoftBank, calling for contemplation on the central concept of Neumann’s vision—the “office.” In contemporary terms, the term “office” is synonymous with a physical building, embodying white-collar work in 20th-century Western culture, exemplified by the popular television show sharing its name. Ironically, the original Latin roots of the word Officium signified “task,” “service,” or “[divine] position.” This linguistic nuance holds significance, leading English speakers to refer to politicians “running for office.” Beyond being a cultural and etymological curiosity, this linguistic history serves as a reminder to investors of two vital points.
Firstly, working practices, like other cultural aspects, are not fixed, even if each generation perceives its social patterns as inevitable and permanent. Memes and mores evolve. Secondly, in our post-pandemic, highly digitized world, the Latin concept of officium, emphasizing work as centered around tasks and people rather than buildings, gains newfound relevance. The “office” culture is evolving towards the future, defying the expectations of commercial real estate investors.
Transformation in the Mental Map of Work
The evolving landscape goes beyond the binary discussion of remote work during the pandemic. Although levels of remote work surged significantly during the pandemic and have since decreased, it remains prevalent. A recent US Federal Reserve survey indicates that a quarter of employees engage in hybrid or remote work, up from 10 percent in 2018, with expectations of further growth. Gallup’s survey suggests an even higher hybrid ratio, around 50 percent.
More intriguing than the shift to remote work is the subtle transformation in the mental map of work. In the 20th century, “offices” in the West were associated with temporal, spatial, and social boundaries. The idealized vision involved work occurring outside the home, during defined hours (nine to five), with non-family colleagues, and at a specified life stage (before the age of 65). However, the pandemic and digitization have blurred these boundaries, leading individuals to seamlessly integrate home and workspaces, work at varied hours, and continue working beyond retirement. This departure from 20th-century norms aligns with the historical norm but marks a significant shift.
Some executives hope this shift is temporary, with a survey by KPMG indicating that two-thirds of executives believe in a full return to the office within three years. However, doubting a complete return to last-century norms is reasonable, especially as digitization fosters a cultural shift toward personalized consumer choice. A new generation is emerging, assuming it is normal for consumers to customize various aspects of their lives, including food, media, music, politics, families, and identities according to individual tastes.
This pick ‘n’ mix approach also influences attitudes towards work, with employees increasingly demanding flexibility in their jobs, even if they work in an office, and many employers feeling compelled to offer such flexibility. While this shift may be infuriating for older executives, it is considered natural and desirable by younger workers. This presents a challenge for commercial real estate investors today.
The Rise of Personalized Work: A New Generation’s Demand
Adam Neumann, the founder of WeWork, was attuned to these cultural shifts, aiming to provide flexible contract options for gig workers. However, WeWork’s downfall resulted from a misalignment between its 15-year leases and customers’ 1.5-year membership agreements, coupled with excessive leverage and a misguided belief in the new generation’s affinity for physical offices. This does not necessarily predict the failure of other co-working models; well-run alternatives may align better with current trends.
Additionally, urban spaces can thrive, especially those embracing mixed-use concepts and flexibility, provided policymakers show imagination in amending rigid zoning laws. The key lesson for commercial real estate investors and SoftBank from the WeWork saga is the imprudence of modeling the future solely on recent past trends during cultural flux and amid an influx of excessively cheap capital. The “office” is not dead; it thrives in both its Latin form and the 20th-century sense. Perhaps it is time for a clever entrepreneur to create an officium app?
Regarding the impact of bankruptcy on WeWork’s business in the US and Canada, the company assures that its co-working spaces remain open and operational, including in the UK. An email to London tenants emphasizes the firm’s full commitment to providing services, intending to remain in the majority of its buildings. The company expresses dedication to proactive communication with members about potential changes.
Reports indicate WeWork’s closure of at least one office on London’s South Bank as it grapples with financial challenges. One UK tenant contemplates alternative co-working spaces, reflecting on the flexibility, larger meeting rooms, and events enjoyed at WeWork. Concerns arise that if WeWork cuts back on member perks and events to save money, it risks losing tenants to competitors. The challenge for WeWork lies in the multitude of alternatives available, eroding the early differentiation that was once its strength. Even if the company continues trading for a period, increased business evaluations and potential churn are expected.
As of the end of June, WeWork boasted over 700 sites worldwide and approximately 730,000 members. The company’s bankruptcy marks a significant development affecting its operations in the US and Canada. WeWork’s commitment to keeping co-working spaces operational in the UK underscores efforts to maintain service continuity.
The Icarus of the Coworking World: WeWork’s Narrative
Annual Revenue and Net Loss of WeWork
The downfall of WeWork, a once highly-touted venture, stems from a series of missteps and challenges. Acknowledging its status as a loss-making entity with substantial liabilities, the company opted for bankruptcy protection to streamline its commercial office lease portfolio while ensuring continuity for its users. WeWork’s CEO, David Tolley, expressed gratitude for the support of financial stakeholders during this restructuring process.
However, the company faced setbacks, notably in 2019, when a failed attempt to raise money publicly damaged its reputation, leading to Neumann’s ousting. The subsequent global pandemic further impacted demand as remote work became prevalent. Weighed down by losses exceeding $1 billion in the first half of the current year, WeWork grappled with the challenges of its tech-business demeanor. Efforts to sell business segments and renegotiate leases and debts ensued, reflecting a shift from its initial exuberance.
The narrative of Adam Neumann’s journey with WeWork resembles a parable featuring elements of colossal ego, ambitious aspirations, and a trusting public. Neumann, with his eccentric persona, envisioned a future where WeWork would transcend earthly boundaries, even reaching Mars. However, the stark reality is the company filing for bankruptcy protection, a far cry from its peak as the largest tenant of office space in major cities. WeWork’s inception tapped into a timely opportunity, capitalizing on a market where commercial premises were vacant, landlords were eager, and technology-enabled flexible work arrangements. Its unique blend of functionality and fun, offering more than a coffee bar but less than a traditional office, attracted a following that perceived it as a movement rather than a business.
Adam Neumann’s journey began humbly with the establishment of Greendesk in 2008, embodying communal living and shared office spaces. A strategic rebranding to WeWork, rapid expansion with investor support, and a valuation reaching $47 billion marked its ascent. However, the company’s financial challenges were concealed by an unsustainable model of buying long-term leases and subletting short-term, a risky game that drew scrutiny. WeWork’s decline was evident before the pandemic and interest rate changes. Questions arose about its valuation as a tech company rather than a real estate subletter.
The ill-fated IPO in 2019 unveiled larger losses and a questionable relationship between Neumann’s finances and the company’s. Following the IPO failure, the value plummeted by $40 billion, and Neumann resigned. Despite the dramatic decline of WeWork, Neumann successfully disentangled his finances from the company, walking away with over a billion dollars while the company’s value plummeted to about $50 million. The pied piper of investors, Neumann, now involved in various investments and backed by venture capital firm Andreessen Horowitz, symbolizes a cautionary tale of ambition meeting harsh reality.
The era characterized by easy tech funding, fueled by low-interest rates, enabling WeWork’s rapid expansion, has concluded, according to Claire Holubowskyj, a senior research analyst at Enders Analysis. She asserts that WeWork has become the “poster child of overhyped start-up” and points out that the culture of staunchly supporting tech companies has undergone a shift in the broader economy. The sustainability of WeWork’s vision for the office as a space fostering entrepreneurial activity, complete with communal elements like ping pong and kombucha, remains uncertain. Property firms grappling with altered financial prospects due to the pandemic and a significant rise in interest rates face challenges in the current landscape.
Despite these challenges, WeWork and its competitors express optimism, arguing that the prevailing uncertainty about property needs should drive increased demand for flexible leases. IWG, the owner of Regus and Spaces, reported a 48% profit surge for the first half of the year, maintaining a “cautiously optimistic” outlook for the future. Teddy Kramer, a former director at WeWork and current founder of co-working firm Neon, suggests that WeWork may have lost its way, presenting an opportunity for others in the industry. Analysts caution about the inherent risks in the co-working business model, emphasizing its ease of replication and the substantial financial investment required to establish and maintain offices with a unique appeal.
Russ Mould, investment director at AJ Bell, underscores the distinction between popularity and profitability, emphasizing that enjoying a service does not guarantee a viable business model. Former clients, particularly those dissatisfied with WeWork’s pandemic-era actions, may be hesitant to return, as expressed by David Born, who acknowledges the value of shared workspaces but is wary of WeWork.
WeWork’s Media Spotlight
WeWork’s extensive media coverage has delved into its substantial losses, insider dealings, and controversies, including the depiction in the Apple TV Series “WeCrashed,” featuring Anne Hathaway and Jared Leto as Rebekah and Adam Neumann. Questions about the links between Neumann’s personal finances and WeWork, along with unconventional business expansions, have been raised. As discussions with landlords and financiers intensified, WeWork disclosed non-payment on loans, and major shareholder SoftBank continued substantial financial support.
Anticipating a bankruptcy filing, Adam Neumann expressed disappointment but suggested that with the right strategy and team, a reorganization could enable WeWork to emerge successfully.
The multifaceted challenges faced by WeWork and the broader shifts in workspace dynamics underscore the need for adaptability and innovation in the commercial real estate sector. The lessons learned from WeWork’s decline should guide investors to avoid the repetition of rigidly basing the future on recent past trends during cultural flux and an era of excessively cheap money. The evolution of the “office” reflects a dynamic blend of Latin roots and contemporary ideals, challenging entrepreneurs to explore innovative solutions in this changing landscape.
Adam Neumann’s Current Status: Post-Bankruptcy Lifestyle
Adam Neumann – CEO of Flow
As WeWork plunges into bankruptcy, its founder, Adam Neumann, is currently enjoying the sunshine in Miami, where the beaches are adorned with billionaires. Neumann, 44, once the charismatic leader of the office-sharing giant, faced a tumultuous exit during a flawed IPO in September 2019, leading the company on a downward spiral culminating in this week’s bankruptcy declaration.
Despite WeWork’s disheartening internal atmosphere, Neumann seems unfazed. Sources reveal to The Post that he is actively skateboarding, socializing, and soliciting investors for a new startup, asserting that this venture will revolutionize how people live at home. Neumann, characterizing himself as a “creator, not a destroyer,” still boasts an estimated fortune of $1.7 billion and resides in South Florida with his wife Rebekah and their six children.
Known for their close friendship with Jared Kushner and Ivanka Trump, who live nearby on Indian Creek Island, the Neumanns spent the summer at their Amagansett home, adjacent to Rebekah’s cousin Gwyneth Paltrow’s property. They have now settled in an exclusive Miami neighborhood, hosting social gatherings and actively engaging with the local Jewish community. Rebekah, 45, has intentionally kept a low profile since the WeWork fallout, staying out of the public eye.
In 2021, Neumann made a substantial real estate purchase, acquiring two properties for $44 million, where he planned to construct a mansion. Despite WeWork’s challenges, Neumann remains a charismatic figure, participating in panel discussions and speeches, presenting a seemingly reformed image.
In recent years, Neumann has focused on his latest venture, Flow, securing a $350 million investment from venture capital firm Andreessen Horowitz in August 2022, valuing the startup at $1 billion before even commencing operations. Flow aims to create rental communities, fostering a sense of ownership and community.
Neumann has transferred at least six apartment buildings he owns in Florida and Nashville to the company. Speaking from Saudi Arabia to CNBC’s “Squawk Box” last month, Neumann highlighted Flow’s engagement with Fortune 500 companies and emphasized the enduring need for community. Despite the WeWork boom’s extravagant spending, the Neumanns acquired various properties, including a Greenwich Village townhouse, a Gramercy compound, a Westchester farm, two Hamptons estates, and an 11-acre property near San Francisco featuring unique amenities such as a guitar-shaped living room and a three-story waterslide.
Adam Neumann’s First Public Interview Since Leaving WeWork
Reflections on WeWork’s Bankruptcy and the Evolution of Modern Workspaces
The WeWork saga serves as a compelling narrative of a once-promising venture that soared to unprecedented heights before plummeting into bankruptcy. The demise of WeWork underscores the critical importance of aligning business models with cultural shifts, especially in the dynamic landscape of the modern workplace. As the definition of the “office” evolves, marked by a shift towards personalized work and flexible arrangements, commercial real estate investors must embrace innovation and adaptability to navigate the changing demands of the workforce. WeWork’s downfall offers valuable lessons for investors, emphasizing the need to avoid rigidly relying on past trends during times of cultural flux. Despite the challenges, competitors in the co-working space express optimism, highlighting the potential for increased demand for flexible leases in an era of uncertainty. Meanwhile, Adam Neumann’s post-bankruptcy endeavors reflect resilience and entrepreneurial spirit, illustrating the ongoing pursuit of innovative solutions in the ever-evolving landscape of work and living.
FAQs
What is the main problem of WeWork?
WeWork’s investors inflated its valuation with billions but later withheld additional funding, forcing the company to go public prematurely. The resulting financial turmoil exposed the consequences of the inflated valuation.
Who is the CEO of WeWork now?
David Tolley is the current CEO of WeWork.
Is WeWork still losing money?
Yes, WeWork is still losing money. In the first half of 2023, the company reported a net loss of $700 million after losing $2.3 billion in 2022.
Why was Adam Neumann forced out of WeWork?
Adam Neumann, the co-founder and CEO of WeWork, was forced out of the company in September 2019 due to:
Here’s a thorough WeWork case study briefing the history, business model, and the fall of WeWork from the pinnacle of success. WeWork is an American organization that gives shared workspaces to other companies and organizations.
Established in 2010, it is headquartered in New York City. WeWork oversaw 46.63 million square feet of space in 2018. WeWork structures and fabricates physical and virtual shared spaces and office administrations for people and companies. WeWork has over 700 locations in 38 countries for workspace.
In January 2019, the firm declared its plan to rebrand as “The We Company”; it was valued at $47 billion at that time. In that year, troubles started brewing for the company.
Adam Neumann left his position as the CEO and surrendered a greater part of ballot control in WeWork from 26 September 2019. WeWork also postponed its arranged securities exchange posting until the end of 2019 as issues began to arise in its corporate administration, valuation, and other business aspects.
On September 30, 2019, WeWork officially pulled back its S-1 documentation. The proposed IPO was thus delayed. The organization’s valuation fell below $10 billion, not exactly the $12.8 billion it had raised since 2010.
In May 2008, Adam Neumann and Miguel McKelvey started GreenDesk, an “eco-accommodating coworking space” in Brooklyn. In 2010, Neumann and McKelvey sold the business and began WeWork. Its first area was New York’s SoHo district with halfway financing from Manhattan land designer Joel Schreiber who obtained a 33% stake in the organization for $15 million.
WeWork Founders – Neumann and McKelvey
By 2014, WeWork was considered “the quickest developing renter of new office space in New York”, and was on track to turn into “the quickest developing tenant of new space in America. “During the monetary emergencies, there were these vacant structures and these individuals outsourcing or beginning organizations,” Neumann told the New York Daily News.
“I knew there was an approach to coordinate the two. What isolates us, however, is community.” WeWork collaborated with several organizations, including new businesses such as Consumer, HackHands, Whole Whale, Turf, Fitocracy, Reddit, and New York Tech Meetup. In 2011, PepsiCo put a couple of representatives in the SoHo WeWork, who went about as guides to littler WeWork part companies.
The first WeWork Labs opened in New York’s SoHo in April 2011. WeWork Labs works as a startup hatchery, furnishing an open workspace to empower joint efforts among individuals who “don’t have their business-related thoughts completely cooked.”
WeWork Labs
Rapid Expansion of WeWork
The company had 51 cooperating areas in the US, Europe, and Israel in January 2015– twice the same number as it had towards the end of 2014.
On June 1, 2015, WeWork reported that Artie Minson, previous Chief Financial Officer of Time Warner Cable, would join the organization as President and Chief Operating Officer.
On March 9, 2016, WeWork declared that it raised $430 million in another round of financing from Legend Holdings and Hony Capital Ltd., pegging the organization at $16 billion at that time.
By October 2016, the organization had raised $1.7 billion in private capital. In October 2016, the organization reported its arrangements to open a fourth area in Cambridge/Boston region. It opened workspaces in Boston’s Leather District and Fort Point in 2014.
On January 30, 2017, the Wall Street Journal composed that SoftBank Group Corporation is gauging speculation of well over $1 billion in WeWork Corporation, in what could be among the principal bargains from its new $100 billion innovation fund.”
In April 2017, the organization began offering wellness classes in some of its areas and opened an exercise center at a New York location. In July 2017, the valuation of the organization came to around $20 billion.
WeWork Valuation from 2012 to 2022
Later that month, it was reported that WeWork would expand to China using $500 million contributed by SoftBank, Hony Capital, and different loan specialists to shape “WeWork China”.
In September 2017, WeWork ventured into Southeast Asia through the acquisition of Singapore-based SpaceMob, and it put aside a financial limit of $500 million to develop in Southeast Asia, the home of more than 600 million people. The association’s top rival in China is Ucommune, the main Chinese unicorn in the coworking space.
In late October 2017, WeWork purchased the Lord and Taylor Building on Fifth Avenue in Manhattan from the Hudson’s Bay Company for $850 million. The arrangement incorporated the use of floors of certain HBC-claimed retail chains in New York, Toronto, Vancouver, and Germany as WeWork’s shared office workspaces. The deal was formally finished in February 2019.
WeWork was established in New York in 2010 to offer cooperating spaces to business visionaries, new businesses, specialists, and enterprises. WeWork has developed quickly, making it one of the biggest and most obvious cooperating chains on the planet.
It presently has representatives in over 700 areas around the world, incorporating stations in many U.S. urban areas and 38 nations that include Brazil, Germany, and Thailand.
How Does It Work
Superficially, WeWork’s business model resembles a moderately ordinary land play. Over the 700+ areas it operates in, everybody from solo business people to enormous organizations can lease everything from a work area to a private floor. WeWork is not the same as your normal land organization — it conveys an incentive to the inhabitants and the landowners.
WeWork gives its occupants something that is conventionally elusive, an on-request adaptable space with momentary leases (even on a month-to-month premise at times). This takes care of the problem of continuous shifting, one that affects developing businesses.
The process of shifting involves finding another office space, moving in, marking a long-haul rent, rebuilding the space, and moving out to begin everything once more elsewhere.
At the point when an organization exceeds its WeWork participation, it can move up to a progressively extensive alternate space, a private office, or even a private floor — diminishing erosion from changes. Clients don’t need to consider all the particulars of leasing office space, and they gain admittance to a lot of office advantages (free espresso, quick web, etc).
For landowners, WeWork offers huge incentives, including higher rents, an extended inhabitant pool, and increments in land esteem. In a blog entry distributed in 2018, the organization announced lease premiums between 15-29% in structures it managed in New York and Los Angeles. WeWork claimed a generation of $250 million in extra income for proprietors in New York, Chicago, and Los Angeles alone.
Space Used by WeWork
WeWork feels managing a business workspace is an intense issue regardless of how enormous (or little) your association is— and it’s once in a while a center competency. Consultants and the employees of nascent stage companies don’t have the financial backing to pay for office space, and end up telecommuting or working out of some stop-hole arrangement.
A below-standard working space could restrain joint effort and profitability. Small and medium-sized organizations battle with spending requirements and restricted assets, and development directions can make space needs a moving objective.
Venture associations face close consistent strain to cut expenses and increment productivity — land and activity costs can be a difficult barrier to cross. WeWork positions itself as the answer to these issues. By giving turnkey, versatile workspace arrangements, the organization vows to wipe out the contact associated with finding, involving, and dealing with a workspace.
Consultants and new companies get the advantages and preferences of having an office space without the expenses and obligations that accompany it. Small organizations get adaptable, reasonable space alternatives that can be reconfigured as needed.
WeWork rents a couple of floors of a structure from a property director in a high-thickness urban zone. It revamps the space to incorporate a blend of private workplaces, meeting rooms, parlors, and open workspaces.
It adds additional facilities such as espresso, office supplies, and brew on tap. WeWork pivots and leases workplaces to a blend of specialists, solopreneurs, new companies, and huge organizations.
WeWork essentially fits a larger number of bodies into its spaces than a run-of-the-mill corporate office. The normal per-individual office space in the United States is just shy of 200 square feet, as indicated by the US General Services Administration.
WeWork individuals can anticipate under 100 square feet. WeWork does this without yielding specialist profitability or fulfillment. Indeed, a central guarantee at WeWork is that its spaces are deliberately intended to cultivate greater efficiency and more development.
Services Added With Value by WeWork
Another factor adding to WeWork’s guarantee of “greater profitability, more development” is the worth-added administrations the organization offers to individuals. In 2018, it relaunched WeWork Labs, a hatchery-style program for new companies planned for helping them develop their business.
In February 2019, the organization reported a redo of the WeWork application, complete with new ability-sharing highlights planned for making it simpler for clients to discover, interface, and team up with different individuals.
Once individuals enter the WeWork environment, it becomes hard for them to leave owing to the benefits. The organization’s open recording archives report a net enrollment consistency standard of 119%.
WeWork Space
WeWork’s developing exhibit of significant worth included administrations — going from espresso and office supplies to showcasing programming and an administrations commercial center — push it past a basic landowner into a sort of full-administration proficient “hatchery” where an individual can arrange, and develop their business, adopt new abilities, and have the everyday details of dealing with a workspace dealt with.
On the off chance that an organization or individual moves to another city, there will be another WeWork space sitting tight for them. If a vital accomplice or specialist organization is required, WeWork can help find the ideal option. What’s more, as the organization develops from a little startup to a large organization, WeWork’s administration scales to keep up with the upgrade.
Analysis of Data
An essential piece in the WeWork ecosystem is the utilization of information. WeWork has for quite some time been utilizing information to advise participating organizations on areas, where they ought to be set, and what the blend of workplaces, workspaces, and courtesies should be like.
WeWork started to create products out of its information capacities with the “space-as-an-administration” offering “Powered by We”. Presented in 2017, Powered by We denotes a critical change for WeWork.
Earlier, WeWork’s administrations were limited to the spaces that it involved. Through Powered by We, the organization started to grow its range outside its leases into the organization’s current spaces.
This has a one-two-punch impact, empowering the organization to order the more significant expenses that accompany serving endeavor customers, while simultaneously shedding one of its most noteworthy wellsprings of both expense and hazard — the leases themselves.
Share of Workspace
The common workspace level is the least worth offering that WeWork has — not the organization’s most beneficial part, but a significant establishment for what’s worked above it.
These mutual workspace collaborations are what many pictures when they hear the words “cooperating space.” Members come in every morning and either snatch any accessible work area space in a typical zone if they have what WeWork alludes to as a “sweltering work area” enrollment or, for $100 or so extra a month, settle in at their very own committed work area in the common workspace.
As indicated by the WeWork site, these common workspaces are intended for new businesses and little organizations, specialists, advisors, and telecommuters. Hot work area participation starts at $190 every month and can reach upwards of $600 in costly urban communities like San Francisco. Committed work areas run from $300 to $700.
Central Station by WeWork
The level above office suites, central station by WeWork will be WeWork’s “white name” answer for big business customers. Instead of setting the organization up with a space inside a current WeWork premise, the central station is set up in independent areas sourced by WeWork in an area of the customer’s decision.
Customer organizations pick one of four “configurable designs,” running from an open warm-up area to official suites. Customers also pick inner staff to oversee everyday tasks for their area, with WeWork taking what the site alludes to as an “in the background” job.
WeWork Labs
A striking case of how WeWork uses esteem-added administrations to draw organizations into the WeWork system comes as WeWork Labs. WeWork Labs is WeWork’s “worldwide development stage” — an in-house startup hatchery that enlarges the central WeWork workspace offering extra highlights, including devoted program directors, week-after-week occasions, pitch evenings, workshops, and financial specialist presentations.
Relaunched in 2018, the program is at present offered in more than 700 areas — 154 in the United States and others in significant urban communities over the world, incorporating Brazil, China, Israel, Singapore, the UK, and Thailand, among others.
The organization said 1,000 new businesses have been brooded through the program as of December 2018.
The key factor that separates WeWork Labs from other startup quickening agents is the plan of action; instead of the standard hatchery model of taking value in the business, WeWork Labs charges a level expense, basically an up-charge to what the startup would some way or another compensation for space at WeWork.
Costs for the program’s US areas go from $300 – $600 every month. There’s a key measurement to WeWork Labs too as effective organizations move on from the program and develop into undeniable organizations, they become potential clients for WeWork’s growing suite of administrations.
The We Co., the American firm which works collaborating office spaces under the WeWork brand, has posted vigorous income development in India, even as it reels under huge misfortunes universally, demonstrating the organization’s first open administrative recording.
We Co. posted an overall deficit of around $689.7 million and an income of $1.54 billion in the initial half-year of 2019. According to a report by Reuters, it is hoping to raise $3-4 billion through the first sale of stock (IPO), which is probably going to be propelled in September this year.
Since its entrance in India in 2016 through an organization with Bengaluru-based Embassy Group, WeWork has been forcefully extending its impression. At present, its services are available in over 40 locations in 6 cities.
Internationally, We Co. is available in over 700 areas in 38 nations. According to the recording, the organization earned $3.5 million in the executive’s expenses in the half-year finished on June 30, enlisting a 118% bounce from $1.6 million in the year-back period.
In January 2019, the organization’s valuation was expressed as $47 billion, however by September when an IPO was arranged and deferred, the valuation was decreased to $10-12 billion.
Throughout the final quarter of 2019, WeWork’s evaluated market capitalization has kept on falling to a limited extent because of various examinations of Neumann’s conduct and strategic approaches.
In 2018, WeWork’s misfortunes and income both multiplied. As per the Financial Times, the organization lost $219,000 every hour of every day from March 2018 to March 2019.
As of December 20, 2022, WeWork’s net worth is $1.03 billion only a drop from $21.76 billion (2021).
In January 2019, WeWork declared that it would move into a two-story structure in Tampa Heights in 2020 as a component of its venture into Tampa.
On April 29, 2019, WeWork was documented privately for an IPO. On July 18, 2019, Wall Street Journal detailed that Adam Neumann sold $700 million of his WeWork stock before its IPO. The organization was hoping to raise over $3.5 billion from its IPO.
The We Company recorded S-1 desk work to go public. Media inclusion featured the organization’s overwhelming misfortunes uncovered by the S-1 documenting disclosures, while experts communicated apprehensions over WeWork’s capacity to end up productive later on. The IPO unveiled that WeWork faced $2 billion in losses in 2018.
Adam Neumann left his position as the CEO and surrendered a greater part of ballot control in WeWork from 26 September 2019. WeWork also postponed its arranged securities exchange posting until the end of 2019 as issues began to arise in its corporate administration, valuation, and other business aspects.
On September 30, 2019, WeWork officially pulled back its S-1 documentation. The proposed IPO was thus delayed. The organization’s valuation fell below $10 billion, not exactly the $12.8 billion it had raised since 2010.
Smartkarma, an expert on speculation research expressed, “We can’t understand the reshaping’s that would be important to verbalize a way to gainfulness here,” and noted it didn’t anticipate that the organization’s valuation should go beyond $20 billion.
Future of WeWork In India
WeWork India has its services available in over 40 locations in 6 cities with over 62,000 members occupying over 5 million square feet of space.
WeWork India
Since the dispatch of the American shared workspaces supplier in India, the Bengaluru-based Embassy Group had put $181 million into the WeWork partner. The target at present is the six main markets in the nation, including Bengaluru and Mumbai.
The raising support plans come amid discussion around WeWork’s first sale of stock. WeWork’s parent, The We Company, pulled back its IPO seven days after the SoftBank-backed adaptable office startup removed author Adam Neumann as its CEO.
“Despite everything, we keep up a great association with WeWork all-inclusive and will hold the brand,” said Karan Virwani, chief of WeWork India.
The organization had hold of the establishment for WeWork in India till the end of 2021. It might want to hold onto the brand; however, WeWork holds the main right of refusal and can purchase out the Indian Realty designer.
International Haven Group had paid around $200 million for the establishment two years prior. The Realty conglomerate holds an 80% stake in the establishment.
Independently, Embassy Group intends to concentrate on business, modern, collaborating, and co-living portions to grow its impression in the nation.
FAQs
Does SoftBank still own WeWork?
Yes, Softbank holds about 65% of the equity in WeWork.
What happened to Adam from WeWork?
Adam Neumann resigned from the position of CEO and gave up majority voting control in 2019.
Can WeWork be profitable?
It is hard to tell that WeWork will be profitable ever. The company has a negative cash flow. According to WeWork’s initial-public-offering disclosures, its losses are running ahead of its revenue. WeWork is not profitable on its preferred metrics either.
What is the problem with WeWork?
The problem is it has a negative cash flow. According to WeWork’s initial-public-offering disclosures, its losses are running ahead of its revenue. WeWork is not profitable on its preferred metrics either. Also, its whole business model is flawed with excessive leverage.
Does WeWork make money?
WeWork expects revenue of around $5 billion in 2022. On other hand as of December 20, 2022, WeWork’s net worth is $1.03 billion only a drop from $21.76 billion (2021).
WeWork was once hailed as the fourth highest-valued startup in the world after giants like Uber. It took on to the startup world through its idea of co-working spaces, which became really popular in a very short span of time.
As its name indicates, WeWork offers office spaces for various businesses and entrepreneurs to pursue their work at a cost that is far lesser than what they would have had to spend if they were preparing a workspace from scratch.
WeWork was founded in 2010 and it was valued at $47 billion at its zenith. One of the major reasons why WeWork worked was because of the responsibilities that the business owners can leave out by renting workspaces from this start-up.
However, since the announcement of its initial public offering in August 2019 the company has received a lot of criticism. Furthermore, it also became the victim of humongous losses due to the onslaught of the coronavirus pandemic, post which it was valued at $9 billion. Following that the company postponed the IPO indefinitely and two years later in March 2021, it announced that the company is going with the merger with BoX Acquisition Corp, which is still pending, as of October 2021’s reports.
WeWork – Latest News
October 21, 2021 – WeWork will finally go public. The company is all set to list its shares in the New York Stock Exchange as soon as this week.
October 6, 2021 – WeWork India appointed Megha Agarwal as the new Head of Marketing. Furthermore, it elevated Raghuvinder Singh Pathania to the Head of Community, India, who is also the Head of Operations at WeWork India. Besides, the new role of the Head – Digital Products is handed over to Dharam Mehta.
October 1, 2021 – WeWork launches Growth Campus, which is deemed to work in line with WeWork Labs. With the help of this new initiative, WeWork plans to encourage the world of startup companies to get access to workspaces at subsidized rates.
WeWork has successfully created an image wherein they posed themselves as a technology driven startup even though their basic level rests upon real estate. It is only in the development of a particular workspace that they deploy technology and not necessarily in the ways of doing business in itself.
However, that is not how WeWork portrays itself to the world or to their investors. This is because of the fact that these days technological companies tend to receive funds rather than non-technical ones.
The valuation of the WeWork has proved this correctly. Even though it does not make any profit or have a stable cash flow it is still valued way above its counterparts, whose valuations are not even half of that of the WeWork even though they have better profit and cash flow.
Hence, the way it portrays itself has a significant role in helping the startup to gain value.
Business Model of WeWork
One of the major partners of WeWork is entrepreneurs and small business owners who want office spaces for various purposes related to their organisation at a very cheap rate. Some of these people may not even need the spaces for a long period of time.
WeWork has suitable packages for all these kinds of people. The ones who rent out space from the work need not worry about any kind of bills or maintenance or connectivity. All these are handled by WeWork in itself.
As far as business owners are concerned this in itself is a huge advantage for them. The fact that it will cost more than double of the rent that they have to pay for the work, had they had to set up a workspace like the ones offered by WeWork.
On the other hand, as far as the people who lease these work spaces to WeWork are concerned, they prefer the ways of the organisation. It is because WeWork takes large work spaces for lease for at least 10 years and then they divide them into smaller work spaces and rent it out to other businesses.
Here, the owner will always prefer entering into an agreement with one organisation for a long duration than with multiple small buyers for a short duration of time. This also means that they will be able to keep track of the transactions and focus on other businesses in a better manner. They need not worry about finding a tenant or dealing with too many agreements at the same time.
The requirements of rework and the demands of the lender matches along with the needs of small businesses. In this way all the three partners do their business smoothly in all regards.
WeWork has launched Growth Campus on October 1, 2021, with an aim to encourage the startup ecosystem. The company is starting this new initiative with an investment of around $3 million, as of the latest reports, and will extend its workspaces to budding companies and startups at highly subsidized rates.
Revenue of WeWork
How WeWork is Making Money Through Renting
Although the nuances of WeWork look sophisticated at the end of the day it is an office space renting company. Majority of its revenue comes from renting of spaces to people.
They take in real estate spaces from owners for lease and then convert them into smaller work spaces and common areas. They devise their packages in such a way that it suits all kinds of people.
Sometimes these areas are as small as per room or maybe even a floor. It can also be as large as a whole building in a prime location. Independent freelancers and workers who require office spaces with better connectivity only for a small duration find the services offered by WeWork the most advantageous.
From small businesses to big companies like OnePlus, have rented office spaces from WeWork. The rising of shared office culture was also a great advantage for WeWork and it has undoubtedly contributed to its success.
Conclusion
Over the years WeWork has been experiencing severe losses due to their carefree approach and improper planning. The only reason why WeWork continues to survive is because of its high valuation and funding that it received purely due to the way they portray themselves as a technological company.
They have also tried to expand their niche beyond work spaces. They have a very attractive state of the art architecture in spaces in prime locations which significantly adds to their value and an elite image.
WeWork can at the same time be an example for how a business should put themselves in front of others and also how not one should plan their initiatives. Their strategies and models have got a lot to learn from.
FAQ
How does WeWork make money?
WeWork generates revenue by renting office spaces to businesses and companies.
What is the valuation of WeWork?
The valuation of WeWork is $9 billion, as of October 2021.
Who is the founder of WeWork?
WeWork was founded by Adam Neumann and Miguel McKelvey in 2010.
Bangalore has gradually evolved from being the Garden City to the Silicon Valley of India. Being the centre of the country’s high-tech industry, it is on the verge of development. Coworking Spaces/Shared Office spaces are something that evolved with the need of the hour. It is an arrangement of sharing office spaces more productively and rationally. It not only saves costs but also provides convenience in terms of infrastructure and additional amenities. Find the list of top Coworking Spaces in Bangalore along with their pricing plans and additional facilities. The shared office space in Bangalore can have a significant impact on your business.
The city of Bangalore is widespread in varied coworking spaces with various facilities and work cultures. An attempt is made here to explore some of the coworking spaces in the city with a touch of detail and an overview of the same.
Top 30 Coworking Office Spaces / Shared Office Spaces in Bangalore
WeWork offices have a universal atmosphere. It is one of the best coworking spaces from the list of best coworking spaces in Bangalore. Whether you’re an established enterprise or a premature startup, your office space will drive your business forward. The choice of the right office space is essentially based on the requirements and cost of the concern. WeWork offers varied office spaces for rent to shared workspace in a communal atmosphere. It provides private offices, office suites, desks, meetings and discussion rooms and also sets up a headquarters. Some of the enterprise members include Spotify, HSBC, Pinterest, Deloitte.
WeWork – Pricing
The price structure of WeWork ranges invariably depending on the location, business requirements and the number of people. It can range from Rs. 5000 – Rs. 25000/month. For an in-depth view of pricing packages, their official site can be visited.
WeWork – Features
High-speed internet facility.
Full-fledged kitchen.
Security and Maintenance.
Streamlined billing process.
Events & conferences.
On-site support.
Flexible membership agreements.
Members’ network.
And many more. There are also add on facilities based on the location.
WeWork is spread across various locations in Bangalore, which includes – Bellandur, Koramangala, Marathahalli, Bannerghatta, Hebbal, Embassy golf links, Old Madras Road, etc.
BHIVE Workspace
BHIVE Coworking space in Bangalore
BHIVE Workspace is one of the top coworking spaces in Bangalore and it offers options not only for coworking but also helps in setting up one’s own office. It is spread across hundreds of thousands of square feet of commercial space which are offered in varied forms of office space such as customized furnished office, single desk, coworking space and a bare shell building. The main feature that sets it apart from various other coworking spaces is that it is budget-friendly i.e. one can enjoy the amenities and services of BHIVE based on their budget without much of a hitch. It positions itself as a zero brokerage office leasing platform.
BHIVE – Pricing
Facility
Range (In Rs.)
Shared Desk
5000 – 10000/month
Day pass
350 – 700/day
Meeting rooms
400 – 2000/hour
Coworking
4000 – 10000/Seat/Month
Furnished and customized office spaces
Based on sq. ft.
The prices are subject to vary based on the locations, amenities and taxation. To get a better quotation, it is worthwhile to contact the coworking office and get more information on the same.
BHIVE – Features
High-speed internet facility & WiFi-enabled premises.
Food & Beverages.
Security and Maintenance.
Meeting & conference rooms.
Full-fledged kitchen.
And many more. There are some special benefits for BHIVE members as well.
BHIVE is operational in various commerciallocations in Bangalore such as HSR Layout, Koramangala, Indiranagar, Residency Road, MG Road, etc.
Bangalore being a thriving market of entrepreneurial activity, the coworking spaces of 91SpringBoard are designed as fully furnished shared office space, where you can develop a network with people from varied backgrounds and experiences. It is the best coworking space in Bangalore and also conducts various events that help members in building networks. It not only provides coworking spaces, but also HR, Design and Accounting services, legal advice, digital marketing advice, etc.
It is expanded to various locationsacross Bangalore including Koramangala, MG Road, Indiranagar, etc.
91SpringBoard – Pricing
The pricing differs based on the location and services required. The prices may vary from Rs. 500/day – Rs. 12300/month. Detailed information can be obtained from their official site and contacted accordingly.
Bangalore Alpha labs are dynamic. The ambience of the space boosts up an air of inspiration in the minds of people. It aims to create a vibrant community of entrepreneurs, freelancers and startups. Their startup packages aim to help with branding and building the company. Privacy being the main concern of many, it also has amenities for private office cabins and conference rooms that can be rented on an hourly basis. The chances to work and collaborate with many others is high. These labs are located near Koramangala and JP Nagar in Bangalore.
Bangalore Alpha Lab – Pricing
Plans
Price
Private office
Rs. 20,000/month
Guest Access
Rs. 1000/month (5days)
Virtual membership
Rs. 1000/month
Full membership
Rs. 4000/month
Hot Desk / Open plan
Rs. 250/day
The prices are subject to changes based on location and any external or internal factors.
Bangalore Alpha Lab – Features
High-speed internet facility.
Flexible seating.
Security and Maintenance.
Mail handling.
Lounge/Chill-out area.
Refreshments & storage facility.
Various Membership benefits.
Bangalore Coworking Hub
This coworking space in Bangalore provides varied amenities that cater to the needs of its clients. It aims in providing collaboration and networking platforms to its diverse clients which would include consultants, freelancers, startups, and emerging businesses. The striking balance between work and freedom to explore new ideas is achieved by this coworking space. It is located near HAL in Bangalore.
Bangalore Coworking Hub – Pricing
Plans
Price
Night membership
Based on availability
Part time/6-weekdays
Rs. 1500/month
Conference rooms
Usage basis
Full membership/monthly pass
Rs. 3800/month
These prices may vary based on availability and usage basis. Some services may differ based on the type of membership availed.
Bangalore Coworking Hub – Features
High-speed internet facility.
Employee parking space.
Security and Maintenance.
Mail handling.
Pantry facilities.
Workstation furniture.
Virtual office space.
Coworks
Coworks – Coworking space in Bangalore
Coworks provides a completely customizable office space that suits the clients’ needs. One can access diverse facilities from private studios, flexible desks to custom-built office spaces. To seek an office address in the heart of the city with access to business hubs, airports, their six centres are strategically located across the city which includes Indiranagar, Yehlanka, Eco World, Koramangala, Residency Road and Whitefield.
Coworks – Pricing
Coworks charge a flat fee based on features that allow you to budget and scale. No per member pricing. No complicated wifi or hardware contracts. No hidden fees. Just pay for the tools you need.
Innov8 offers exquisite and beautifully crafted workspaces, where any individual or a team can connect to many, collaborate, and create an extensive community. It hosts people from diverse backgrounds such as entrepreneurs, freelancers, employees and startups enthusiasts.
Innov8 is located in Koramangala which is a centre for many budding startup enthusiasts, young minds and an extensive network of relaxing zones nearby.
Innov8 – Pricing
Requirement
Starting price/person
Fixed Desk
Rs. 10499/month
Meeting room
Rs. 800/hour
Hot desk
Rs. 5999/month
Private cabin
Rs. 16599/month
Multi-utility space
Rs. 2000/hour
Flexi pass
Rs. 3999/month
Innov8 – Features
Meeting rooms.
Recreational zone.
Lounge area.
Cafe.
Pleasing ambience.
Community events.
Social Offline
This is another Best Coworking space in Bangalore. It is termed as a perfect blend of office and cafe. It combines play and works together. When you’re bored or just want a chilling and relaxing time, you can head towards the gaming area which is equipped with Playstations and many more. In addition to that, there are meeting rooms, high-speed internet, vast open play-work area with comfort enabled couches and chairs. This place also has an exquisite bar that offers a variety of delicacies and beverages.
This is a perfect place for anyone who wants to socialize and collaborate. It is located near Church Street in Bangalore.
Socila Offline – Pricing
Membership fees are around Rs. 5000/month/person. Details regarding private office and meeting rooms can be directly enquired based on availability and usage.
Awfis has become an integral part of the exciting journey of developing an innovative atmosphere for entrepreneurs by providing affordable and collaborative workspaces. They believe in the concept that startups need much more than just spaces, thereby innovating the concept of ‘Pro working’, which focuses on People, Proximity and Performance. They enable one to make just-in-time bookings for meeting rooms and work desks. One can enjoy a flexible and convenient work environment.
It is spread across various locations in the city, thereby providing the scope of doing business from a wide choice of prime locations in the city. It includes Indiranagar, Whitefield, MG Road, Outer Ring Road, Hosur, Adugodi, Residency Road and St. Marks Road.
Workshaala is like startup offices in Bangalore. It is a great place to experience productive workspaces with quality infrastructure and flexible office plans. It is committed to providing vibrant working spaces where ideas are born, nurtured, and transformed into a growing business. The core values that Workshaala abides by are quality of services, flexibility and ease of customized options and transparency in its working.
Workshaala – Pricing
The price ranges from Rs. 400/day – Rs. 18000/month based on the location and requirements.
It is spread across various locationsin Bangalore. This includes – Banaswadi, Koramangala, HSR NR Tower, HSR Sector 4 and Sector 3.
iKeva
iKeva offers a diverse community that offers benefits to businesses and entrepreneurs. It has been significant in establishing the concept of serviced offices and coworking places. They offer private cabins, meeting rooms, coworking spaces and virtual offices. It is located near Marathahalli and MG Road in Bangalore.
iKeva – Coworking space in Bangalore
iKeva – Pricing
The pricing varies from Rs.2500/month – Rs.9000/month based on services required.
iKeva – Features
Wi-fi access.
Power backup.
IT support.
Plug and play office space solutions.
Regus
Regus office space has a range of benefits that are designed to enable a business to flourish. The Regus community events, office suites along exclusive discounts from top brands in the Regus Marketplace is something that can be taken advantage of. You can also get access to a communal kitchen and chill-out zones. These offices are situated in the prime locations of the city which includes areas near Hosur Road, UB City, World trade centre, Embassy golf links business park, Brigade Road, and many more to cover.
Regus – Pricing
The pricesare based on location and the type of space needed like coworking, office space, virtual office, meeting room, membership, etc.
Kafnu is designed to encourage community interaction with an event area that holds private networking events, workshops, sessions with the speaker, etc. There are meeting areas with industrial and biophilic design, a morsel that is inspired by regional cuisines and a private office for personal and secure business conduct with sound insulations. All in all, it has a pleasing ambience that sparks enthusiasm and creativity. It is locatednear the Residency Road in Bangalore.
Kafnu – Pricing
The pricing varies depending on the desk and office that you want to choose, the number of people and time duration.
Kafnu – Features
Community network & events.
Flexible dining options.
Tech support.
Opportunity to host corporate meets and events.
Pleasant atmosphere.
Evoma
Evoma provides a combination of business incubation and collaborative office spaces. The atmosphere of this place suits the business doings. It offers video conference suites, a coffee cum bar shop, a restaurant, a collaborative workspace, and a health club that is sophisticatedly structured.
Evoma – Office for rent in Bangalore
Evoma – Pricing
The prices vary from Rs. 1500 – Rs. 4000/month based on need and requirement. It is located in four major areas in Bangalore i.e. Marathahalli, KR Puram, EPIP Zone Whitefield and Borewell Road Whitefield.
Investopad believes in allowing emerging leaders and entrepreneurs to develop their skills and access to business opportunities. Workspaces designed by Investopad caters for collaboration and offers a congenial work environment. It is the most flexible and stable place that one can experience in the city. It is located in the prime location of the city i.e. Koramangala.
Investopad – Pricing
Plan
Suitability
Price Range
Flexible
Suits small teams (Basically find an empty desk and start working)
Rs. 6000 for 30 days
Dedicated
Perfect for large teams (Permanent seats)
Rs. 8000 for 30 days
Commuter
Suited for individuals, freelancers, and digital nomads
Commune Coworks, is the place where you can draw designs, take calls, have brainstorming sessions with the support of tech and projectors. Commune accepts workers of varied genres, it has a well-designed dedicated space for conducting workshops, a shaded terrace, and a studio that helps stimulate a person’s mind by inducing productivity and creativity. All in one it has a pleasant working environment. Commune is located in the startup zone of the city i.e. Koramangala.
Commune Coworks – Pricing
Plan
Price
Individual hot desks
Rs. 7999/month
Dedicated desks
Rs. 11999/month
Private cabin
Rs. 12999/month
Day pass
Rs. 500/day
Commune Coworks – Features
Fully Equipped kitchen.
High-speed internet.
Training room.
Event spaces.
Security and maintenance.
Community membership.
Personalized lockers.
NUMA Bangalore
NUMA is an all in one package for any budding entrepreneur. It not only provides dedicated office spaces, meeting rooms, conference rooms, event spaces, private cabins but also spreads its services to startup acceleration and innovation.
Startup Huts understands the need for dynamism and thus provides two options within the coworking space. You can either choose a flexible space where you can share your space with others as well or you can go for a dedicated coworking space, which will exclusively be for you and your team. It offers a satisfied and full package to the budding entrepreneurs i.e. from registration of the company to mentoring and tech support. The conference rooms, lounges, dedicated cabin space, cabin walls, and desks are strategically placed to provide an effective and productive work environment. All in all, it provides a perfect ecosystem to work in collaboration.
It is locatednear Residency Road and HSR Layout in Bangalore.
Cowork Cafe is associated with providing the most relevant and valuable services to its members. If you are a person who likes working in a peaceful and calm environment, then this place would suit you the most. The inspiring and ready to use workspaces has everything that you need to grow your venture. These workspaces are deemed to be fun workspaces that are your home away from home. They not only provide a collaborative workspace but are also into Incubation (Help with IT, HR, Accounting, Operations, Sales & Marketing needs). It islocated near Sarjapur Road in Bangalore.
Cowork Cafe – Pricing
The price for a Resident Coworker is Rs. 5000/month and for Guest Coworker is Rs. 300/day.
Cowork Cafe – Features
Lockers and storage space.
Laptops on rentals.
3G/4G dongles on rental.
Meeting rooms.
Pantry.
Power Backup.
Smartworks
Smartworks are aware of the present workforce demands and their requirements for an office atmosphere, thus they are equipped with the latest technology to provide a hassle-free environment to its clients. The infrastructure and the design of Smartworks offices infuse productivity and a better work-life balance. Gaming and chill-out zones are also set up to calm one’s mind off the loaded work and have a peaceful time with oneself along with the like-minded people around. It is located near the Outer Ring Road, Miller Road, and Ashok Nagar in the city.
Smartworks – Pricing
The prices are personalized based on the customization and services availed. It is available on request.
Jaaga is India’s oldest coworking community. It has an open and green space, so if you hate Cramped spaces, then this might be the perfect place for you. It has a collaborative community of freelancers & entrepreneurs. It is located near Malleshwaram, Bangalore.
Jagga – Pricing
The prices vary from Rs. 250/day to Rs. 20000/month. They provide Gold, Silver, and Friend membership.
Stack-based collaboration and community engagement.
Internal mock pitch sessions.
Workflo by OYO
Workflo is a fantastic workspace powered by OYO. It exudes young and positive vibes to aid you to build a company that you dream of. Workflo offers shared working spaces that are tuned to meet the day-to-day business requirements. It is designed with dedicated desks along with a private workstation or private cabin. Furthermore, Workflo also offers facilities of meeting rooms, conference rooms that are available for rent. The model from Workflo that supports your business, trendy designs, smart and viable leasing options, and affordable prices make it a primary choice for the brands and businesses of today.
Workflo by OYO – Coworking space in Bangalore
Workflo has two offices in Bangalore – Umiya Emporium, Koramangala and KR Puram, ORR.
Workflo by OYO – Pricing
Workflo by OYO is smartly priced to suit your business needs. Besides, with the Early bird offer via the latest Flexi all pass, you can opt for any centres across India at just Rs. 2999/month and Rs. 7999 for 3 months.
Workflo by OYO – Features
Centralized AC.
High-speed internet.
24×7 tea and coffee.
Meeting rooms.
Dedicated cafeteria.
Easy accessibility to printers and copiers.
Convenient car parking facilities.
Along with Bangalore, OYO’s coworking spaces are also available in multiple locations including mega-corporate hubs like Hyderabad, Gurgaon, Chennai and Pune.
Novel Office
Get what you need for your office to grow amidst the bustle of Bangalore. Novel Office is distinguished as one of the most popular office space providers in the city. It offers a diverse range of office spaces that starts from 100 sq. ft. to 10,000 sq. ft. for offices of all sizes. Therefore, with the Novel Office, you can get the kind of space that is most suited for your business. Furthermore, it also allows you to rent smart coworking spaces and business centres if you need not rent office space.
Novel offices are located at multiple locations in and around Bangalore that includes Bellandur market, Electronic City market, HSR layout market, Indiranagar market, J.P Nagar market, Jayanagar market, Koramangala market, and Whitefield market.
Novel Office – Pricing
Novel office offers desks that start from Rs. 9000/month. You can also opt for a diverse range of spaces available for hire. The rate for booking meeting rooms starts from Rs. 3500/day. For more information regarding booking and the availability of spaces, check out their official website.
Novel Office – Features
Ready to use spaces for starting immediately.
Fully furnished workspaces.
Corporate ambience.
Flexible spaces.
Cost-effective.
24×7 working environment.
Quest Offices
Quest offices are among the most reliable workspaces and office service providers operating across the country. The growing world of business demands workspaces that are tailored to their needs, and Quest offices are equipped to fulfil their changing needs and boost their businesses. Whether one needs a coworking space, business centre, meeting rooms, or infrastructure that supports virtual offices, Quest offices are the only destination to help you get them all. It is one of the best choices for large and small businesses, individuals, entrepreneurs, and remote teams.
Quest offices is located at Raheja Towers at Mahatma Gandhi Road along with numerous other offices across the country.
Quest Offices – Pricing
Requirement
Price
Office Desk
Rs. 9000/month, Rs. 100/hour & Rs. 500/day
Private Cabins
Rs. 30000/month
Meeting Rooms
Rs. 1000/hour & Rs. 6500/day
Training Rooms
Rs. 3000/hour & Rs. 20000/day
For more information regarding Quest Offices and their package, check out their official website.
Quest Offices – Features
World-class infrastructure.
Fast and powerful internet connectivity.
Smart payment options.
Multiple offices at different locations.
Well-knit with the city.
Integrated cafeteria.
Funzone.
15+ years of experience.
Spacelance
Looking for coworking spaces and offices in Bangalore? Then, don’t worry because Spacelance Office Solutions brings the best spaces for hire that will let a company get the optimum facilities. Whether one needs a coworking space or plans to set up a virtual office, require meeting rooms, conference rooms, or other workspaces to empower varying business needs, Spacelance is the ultimate destination. Furthermore, Spacelance Office Solutions also offers virtual addresses, equipped with virtual landline numbers, numbers for faxing, live receptionist support with little investment.
Spacelance boasts of multiple offices in and around the country among which the offices at HSR Layout and Indiranagar are famous in Bangalore.
Spacelance – Pricing
Packages
Price
Basic Package
Rs. 1300/month & Rs. 13000 annually
Standard Package
Rs. 1500/month & Rs. 15000 annually
Ultimate Package
Rs. 2000/month & Rs. 20000 annually
In case you are curious to know more about Spacelance, its facilities and the prices in detail, then it’s best to dive into their website.
Spacelance – Features
Professional business address.
Excellent facilities for handling and forwarding mails.
Local landline number.
Live receptionist.
Fast and hassle-free company registration.
Access to meeting rooms.
Workafella
Workafella offers unique and amazing workspaces and coworking units in different cities around the country and is lauded for each of its spaces. The Bangalore city office of Workafella is located at Infantry Road. This Workafella office offers office terrace gardens, cafeterias, and excellent office spaces to work without at one’s own pace. Starting a day full of caffeine, stopping at the social hub for a quick conversation, and working at peace are some of the unique activities you can repeat days on end at Workafella.
Workafella – Pricing
Workafella offers offices and coworking spaces at affordable prices that suit the diverse business needs of today. Though the price mostly varies on the centres and their locations, it generally ranges from Rs. 550/day/person to Rs. 10000 -Rs.13000/month/seat.
Workafella – Features
Smart and flexible plans for all offices.
All-inclusive pricing packages.
A variety of office spaces to choose from.
24×7 accessibility and air conditioning facilities.
Security around the clock.
Complimentary meeting rooms and other amenities.
Easyoffices
Easyoffices is a brand reputed for its coworking and office spaces in multiple locations that include Bangalore, Chennai, Mumbai, Kolkata, Hyderabad, Pune, Gurgaon and more, around the country. With easy-to-use offices equipped with smart facilities and flexible payment options for all kinds of businesses, Easyoffices is the first choice regardless of the size and nature of businesses.
Easyoffices offers a range of smart workspaces in Bangalore at multiple locations including Dickenson Road, Whitefield, Bommanahalli, Domlur, Jayanagar, Malleshwaram, Nagawara, etc.
Easyoffices – Pricing
The pricing of EasyOffices varies depending on the location and business needs. The price card offers rates that start from Rs. 7500/month to Rs. 18500/month. For more information, you can check out their official website.
Easyoffices – Features
Fully furnished workspaces.
Flexible office spaces that are tailor-made for businesses.
24×7 availability of rooms.
Flexible hiring options.
Excellent business lounges and areas for collaborations.
Manned receptions to be accessed around the clock.
Availability of cabins and conference rooms for varying requirements.
CorporatEdge
CorporatEdge is one of the leading office service providers that offers smart and well-equipped office spaces that are suited for the changing office needs of today. CorporatEdge is distinguished for premium office spaces at convenient locations in and around Bangalore and multiple locations across the country. Along with providing the brands and businesses with smart workspaces, CorporatEdge also strives to provide them with immensely elegant spaces that add to their brand value. CorporatEdge enjoys 5 centres that are in operation in 5 different locations, 3 different cities, and PAN India locations and boasts of an ever-growing clientele.
CorporatEdge – Coworking space in Bangalore
CorporatEdge offers a range of options to choose from when it comes to opting for service offices, meeting rooms, virtual offices, and more. The main office of CorporatEdge is located at ITC Green in Bangalore.
CorporatEdge – Pricing
Requirement
Starting Price
Desk Booking
Rs. 12000/month
Private Cabins
Rs. 28000/month
Meeting Rooms
Rs. 4000/day
You just need to choose the duration and the capacity you would need for your business. However, it is always wise to check out their official website for more information and pricing details.
CorporatEdge – Features
High-speed internet to transfer data without hassles.
Convenient cafeteria and kitchen area.
Prime locations around the country.
Transparent pricing and packages.
Smartphone booths at multiple places.
Secured offices that enable keyless entries.
24×7 access to photocopying and printing machines.
24×7 building access.
Attached lounge for guests.
Cowrks
Cowrks is known for vibrant office spaces that are set up at strategic locations for ease of communication. It believes in building offices that are elegant and elevate the status of the businesses operating from them. Besides, it also ensures that the employees and other business professionals feel at home even while working. Furthermore, Cowrks also boasts state-of-the-art technology to improve the user experience along with the 5-star hospitality that it extends.
The coworking spaces from Cowrks would gear up businesses and boost their productivity and collaboration. Regardless of whether you are looking for an office space for a day or continue working for years on end, Cowrks has got you covered. Yelahanka, New Indiranagar, Ecoworld, Koramangala, Whitefield and Residency Road are some of the office locations of Cowrks in Bengaluru. The other states where Cowrks have their offices include Delhi, Chennai, Mumbai and Hyderabad.
Cowrks – Pricing
CoWrks charges a membership fee that depends on the number of desks and the total duration that you would be needing them for. Also, the prices are based on the location of your business and the facilities. A desk can cost anywhere between Rs. 3000 to Rs.10000/month. For more detailed information and pricing packages, you can check out their website.
Cowrks – Features
Fully furnished shared offices of varying sizes and amenities.
24×7 entry inside the office rooms between Monday to Saturday.
Flexible charges for a diverse range of options for payments.
Fast internet connectivity around the clock.
Special lounge and lounge plus packages.
A wide range of contracts.
IndiQube
One of the leading working space providers operating in India, IndiQube aims to bring the best workspaces to meet the demands of the new-age businesses. Whether it is for an enterprise or a startup, offshore centres or solopreneurs IndiQube strives to provide the best experience for each brand. Along with smart buildings that are powered by the latest technologies to boost the working experience, IndiQube also boasts various employee engagement programs.
IndiQube – Coworking space in Bangalore
IndiQube – Pricing
Requirement
Starting Price
Office Desk
Rs. 6499/month
Private Cabin
Rs. 42500/month
Event Spaces
Rs. 15000/day & above
However, prices may widely differ according to the size and function of workspaces. For more details, you can simply check out the official website of IndiQube.
IndiQube – Features
Smart digital workspaces are equipped with everything that a business needs.
This was our list of Coworking Spaces in Bangalore. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.
FAQs
What is a coworking space?
A coworking space is an office or a building where individuals or a group of individuals can come to work on their personal or professional projects. Individuals pay to the company which is providing the space.
Why do we need a coworking space?
Coworking space could be needed for the following reasons:
It provides small businesses or startups with a work space to get their work done.
It allows you to find potential business partners or investors in these places to build the business.
It is fairly cheaper for startups with a small team than a proper office space.
It provides amenities like foosball tables, billiards, gaming consoles, cafeterias, wifi-enabaled premises, etc. on one platform.
It provides a multitude of leasing plans like pay on a monthly basis, daily basis, or on an hourly basis.
Which are the best coworking spaces in Bangalore?
Here’s the list of the best coworking spaces in Bangalore.
Mumbai, the City of Dreams, is a place full of life and energetic minds. It entails within various entrepreneurs, industrialists, artists, directors, and many more. To enable them to realize their dreams with full potential and support, Coworking spaces are noteworthy in this aspect. It not only provides a shared office space to work from at a reasonable cost in an affordable manner but also the convenience of infrastructure, collaboration, and additional amenities that sets them apart.
Following, we have attempted to list down the major Coworking spaces in Mumbai along with their Pricing Structure, Location and Add-on facilities provided by them.
WeWork
Whether you’re an established enterprise or a premature startup, the offices at WeWork are Dynamic and Universal. WeWork offers varied office spaces for rent to shared workspaces in a communal atmosphere. It provides private offices, Office suites, desks, meetings, and discussion rooms and also sets up a headquarters. Some of the enterprise members include Spotify, HSBC, Pinterest, Deloitte. The choice of right office space is essential based on the requirements and cost of the concern.
WeWork is spread across various prime location in and around Mumbai which includes Andheri East, Bandra, Goregaon East, Malad, Navi Mumbai, Powai, Thane, Vikhroli West and Worli.
The price structure of Wework ranges invariably based on the location, requirements and number of people. It can range around Rs. 5000 – 25,000 / month.
Amenities:
24/7 Building access
High-speed Wi-fi
Kitchenettes
Mail and package handling
Cleaning services
Building operations
Streamlined billing process
Micro-brewed coffee and herbal tea
Flexible membership agreements
Unlimited guests
Connect with members through the Member Network
And many more. There are also add on facilities based on the location.
The Playce
It is one of the most popular coworking spaces in Mumbai. It is 5,500 sq. ft. campus for startups, entrepreneurs, coders, designers, freelancers to work out of, study, learn, teach & meet interesting people. One can build an amazing network by collaborating with various energetic minds breeding in there. It is also a ground for stunning workshops, events, and meetups.
91SpringBoard is designed as a fully furnished shared office space, where you can develop a network with people from varied backgrounds and experiences. It also conducts various events that help members in building networks. It not only provides coworking spaces, but also HR, Design and Accounting services, legal advice, digital marketing advice, etc., it has private cabins, registered offices, open desks, dedicated desks, and conference rooms.
The prime locations of 91Springboard are Andheri East, Vikhroli West, Bandra, Andheri West, and Andheri East.
The pricing differs based on the location and services required. The prices may vary fromRs.500/day – Rs.12,300/month. Detailed information can be obtained from their official site and contacted accordingly.
Amenities:
PAN India access
Seamless internet
Pay-per-use plans
Work anytime (24×7)
Secure private cabins
Tech-enabled meeting rooms
Redbrick Office
It is one of the convenient and affordable coworking spaces in the city. It provides a zero-hassle office filled with an inspiring community that comes across innovative ideas, acquires skills, and meet up with other people. Some of their clients include – Bizongo, Wipro, BuzzFeed, Slack, and many more. It is spread across various prime locations which include – Andheri, Kalina, Thane, BKC, and Chandivali.
Workafella is much more than just a workspace, that provides collaboration with a highly energized working zone. It is a vibrant ecosystem that institutes seamless productivity and quality thinking. From flexible office plans and connectivity to security and privacy, you will find a range of services needed to help you run your business effortlessly. It has private offices, a custom-built office, a dedicated desk, a hot desk, a meeting room, and a virtual office to choose from.
Workafella’s sophisticated Coworking space is located near the prime location of Goregaon. The workspace is located in a central location which will give you access to hospitals, easy connectivity to transport, entertainment spots, and signature restaurants among others.
Price varies based on availability and amenities. This is fetched on request.
Amenities:
24/7 access
Unlimited internet
Security & Maintenance
Beverages
Parking Facility
Business Support services
Flexible office plans
Wellness Room
Creche
Game zone
Lounge
Ministry of New
This coworking place believes that it’s never a one-size-fits-all scenario, based on the style of working, thought process, profession, whether a person is a CEO, entrepreneur, freelancer, tech-based, consultant, etc. requires a certain different working environment. Thus, the Ministry of New has flexible and tailored plans that suit the requirements of the client.
It is located near Azad Maidan, Fort, Mumbai. The prices range from Rs. 800/person/day to Rs. 40,000/month for 4 members.
Amenities:
High-speed internet
Community network
Access to events
Technical support
Lockers & Mail handling
Multi-functional printers
Beverages
Changing area
Business registration service
Awfis
Awfis believes in the concept that startups need much more than just spaces, thereby innovating the term ‘Pro working’, that focuses on People, Proximity, and Performance. They enable one to make Just-in-time bookings for meeting rooms and work desks. One can enjoy a flexible and convenient work environment. It has become an integral part of the exciting journey of developing an innovative atmosphere for entrepreneurs, by providing affordable and collaborative workspaces
It is spread across various prime locations in Mumbai which includes – Andheri West, BKC, Andheri East, Airoli, Lokhandwala, Parel, Vashi, and Marol.
Pricing differs based on location and amenities. An individual desk can be rented for Rs. 300/day onwards and private cabins for Rs. 9000/month onwards.
It lays out a real customizable office space that caters to the specific requirements of the client. It provides access to diverse facilities, from private studios, flexible desks to custom-built office spaces. It has an environment that equates the business and its work culture. Their sole purpose is to bring together the largest community of energetic minds and connect them. It is located near Worli and Powai in Mumbai.
iKeva offers a diverse community that offers benefits to businesses and entrepreneurs. It has been significant in establishing the concept of serviced offices and co-working places. They offer private cabins, Meeting rooms, co-working spaces, and virtual offices. It is located near Powai and BKC Annexe in Mumbai.
The price varies from Rs. 2500/month – Rs.9000/month based on the location and service..
Workamp is one of the best coworking spaces that you can find in Mumbai. The atmosphere and surroundings reflect the productivity and personality of the business. They tend to understand a business’s objectives and convert them into an office space. It mainly focuses on hospitality and user-friendly systems. Some of their clients include Rentomojo, Magicbricks.com, Zilingo, Coverfox.com, and many more.
It is located near Thane West in Mumbai. Pricing differs based on location and amenities. It is fetched on request
Amenities:
High-speed internet
24/7 access
Liberty of customization
Collaboration and networking
Conference rooms
Event spaces & phone booths
Chill zones
Social Offline
Social Offline provides a perfect blend of office cum Cafe. It combines play and works together. When you’re bored or just want a chilling and relaxing time, you can head towards the gaming area which is equipped with Playstations and many more. In addition to that, there are meeting rooms, high-speed internet, vast open playwork area with comfort enabled couches and chairs. This place also has an exquisite bar that offers a variety of delicacies and beverages.
Social Offline is spread across various locations in Mumbai – Colaba, Lower Parel, Khar West, Bandra Kurla Complex, Andheri West, Goregaon East, Vikhroli, Bandra West, Powai, and Vashi.
Membership fees for hot desks are around Rs.5000/ month/person. Details regarding private office and meeting rooms can be directly enquired as it is based on availability and usage.
This is a fully furnished coworking space that one can have near Parel. It can be rented on a daily or monthly basis based on the requirements of the concern. The plans are flexible at affordable prices with various amenities. It is an ideal workspace with simple interiors and a pleasant work environment.
Amenities:
High-speed wi-fi
Projector & Whiteboard
AC & Power backup
Pantry
Security & Maintenance
24/7 access
Events space
Lockers, Printers, and scanners
It is Located near Lower Parel in Mumbai. The price ranges to rs. 9000/month/person for a dedicated seat.
Work Square
Work Square, a coworking space, is a well-established & professionally managed office. The infrastructure and interiors resemble a typical corporate business center. They focus on helping startups to get to the next level of their growth. It provides Open spaces, Private cabins, conference, and board rooms. There are recreational and breakout zones to calm one’s mind and enable more productive and creative thinking. The networking events ensure collaboration and building up of an effective community. The plans provided by Work Square are flexible and personalized. It is situated near Powai and Lower Parel in Mumbai. The prices are available on request.
Amenities:
24/7 Access
Virtual office services
Pantry and cafeteria
High-speed free Wifi
Admin support
Parking available
Storage facilities
Member benefits
IT Support
Security & CCTV
Bootstart
It is one of the economical coworking service providers. It provides shared spaces with access to various amenities, private spaces with plug-n-play private cabins, conference rooms, and director cabins with customizable cabins. They hope to create communities within workspaces that can learn, create, and grow together. It is located near Colaba and Ballard Estate in Mumbai.
Amenities:
24/7 access
High-speed internet
Communal spaces
Support team
Innov8 Coworking
If you are looking for a space that helps you excel at work and induce creativity, this is the right place for you to be in. Innov8 offers exquisite and beautifully crafted workspaces, where any individual or a team can connect to many, collaborate, and create an extensive community. It hosts people from diverse backgrounds such as entrepreneurs, freelancers, employees and startups enthusiasts.
Innov8 is located near Vikhroli West, Andheri East, Near Western Express Highway Metro Station and Kurla, which is center for many budding startup enthusiasts, young minds and an extensive network of relaxing zones nearby.
Amenities:
Meeting rooms
Recreational zone
Lounge area
Cafe
Pleasing ambiance
Community events
Pricing: (Subject to change based on location & amenities)
If you are looking for a space that suits your desire and requirements, then Regus is the right place to be in. Regus office space h as a range of benefits that are designed to enable a business to flourish. The Regus community events, office suites along with exclusive discounts from top brands in the Regus Marketplace is something that can be taken advantage of. You can also get access to a communal kitchen and chill-out zones.
Their offices are located in the prime area of the city which includes areas near Bandra Kurla Complex, Corporate Park II, Bandra East, Powai, R Tech Park, and centers across Eastern and Western Suburbs. The prices are based on location and the type of space needed like coworking, office space, virtual office, meeting room, membership, etc.,
Amenities:
High-speed Wifi connectivity
Office equipment
Maintenance and security
Flexible payment schemes
Lounges
IT & telecom setups
Meeting rooms
Conclusion
This was our list of Coworking Spaces in Mumbai. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.
Nitin Konde
