Trends

Co-Working brands expanding their presence aggressively

Opportunity India Desk
Opportunity India Desk Jul 03, 2019 - 2 min read
Co-Working brands expanding their presence aggressively image
With the rapid rise of entrepreneurial spirit, more co-working companies are expanding their presence.

Co-working is the fastest growing trend, especially for the startup ecosystem. It has been revolutionizing the work culture across the globe.

With the rapid rise of entrepreneurial spirit, more and more professionals are craving to get the authority to decide when and how they can work, along with looking for flexibility to choose an environment that motivates or encourages them. Due to which, more co-working companies are expanding their presence.

Recently, GoodWorks, India's leading coworking and managed office space provider, has launched its largest space at Electronic City, Phase 1, Bengaluru.

The new facility has over 70,000 square feet area, boasting of 5-star amenities that include a central courtyard, amphitheater, creche, gym, cafes, restaurants and recreational areas along with 1000 plus seats.

Vishwas Mudagal, CEO and Co-Founder of GoodWorks, said, "We are pushing the boundaries of coworking with our ambitious Electronic City center. The center is aptly named GoodWorks Infinity Park, which will help realize infinite dreams for entrepreneurs, start-ups, and SMEs in the heart of India's Silicon Valley."

Sonia Sharma, Co-Founder of GoodWorks, stated, "GoodWorks Infinity Park at Electronic City will be one of the largest Coworking spaces in the world, let alone India. It will be a workspace where Fortune 500s will work side by side with startups and SMEs to foster collaboration, growth and create a world-class ecosystem."

Similarly, Plus Offices, one of the fastest growing players in the Indian coworking space, has opened its second phase of in the Sector 67 facility in Gurgaon. The newly launched space is now open for coworking and customized workplace solutions specially tailored for SMBs and growth bound startups.  

Spread over a massive 100,000 square feet area, this coworking space offers not just state of the art infrastructure but also gives access to more than 100 global mentors through its ‘Mentor Plus’ program.

Ravi Kikan, Chief Operating Officer, Plus offices said, "At Plus Offices, it is constant endeavor to be the one-stop solution for startups and SMEs; not just for their workspace requirements but also for strategic growth. Therefore, we are elated to announce our expansion through the launch of our second facility in Gurgaon and our ‘Mentor Plus’ program to help these growing brands with the strategic direction required for their growth. With our seamless operations, the current Revenue Run rate will touch around 1 Million USD by the next quarter end."

"Plus Offices will be looking at both monetary and strategic investments in the next 2 years. This would mean they we would welcome strategic partnerships from landlords who are planning to run coworking in their assets across any cities and are willing to work with Plus Offices as an operating partner. The plan is to have around 15 working centers with 20,000 Coworkers operating out of Plus offices by the end of 2020," he further added.

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