Co-working startup GoHive has raised Rs 2.5 crore in Pre-Series A funding round from undisclosed angel investors to expand its footprint. Currently, the company has seven co-working centres in the National Capital Region with about 2,500 seats.
A company statement said, “GoHive has raised Rs 25 million in a pre-Series A round from seasoned angel investors to fuel its growth and expansion plans.”
With the latest funding, the co-working startup eyes to double its current size and reach 5,000 seats within a year, with a presence in NCR, Bengaluru and Mumbai.
Mishu Ahluwalia, Founder & CEO, GoHive, said, “The round has showcased investors’ confidence in our business strategy and our initiative to make spaces more accessible and suitable to different business needs, empower young companies, and enable deeper business inclusion in the ecosystem.”
GoHive aims to become one of the most preferred choices for collaborative workspace across India for startups and enterprises with strong community engagement and inspiring workspaces.
In May 2019, GoHive had introduced its biggest hub at Udyog Vihar, Gurugram.