Innov8 Expands Footprint in Delhi-NCR with Rs 10 Crore Investment
Innov8, a co-working space provider, has launched three new centers in Delhi-NCR with a total investment of Rs 10 crore, catering to the growing demand for flexible workspaces.
Co Working SpacesFlexible WorkspacesDelhi NcrStartupsCorporatesInnov8OyoReal Estate MumbaiJul 13, 2024
The launch of these new centers is part of Innov8's expansion plan, which aims to capitalize on the rising demand for flexible workspaces. With over 600 sitting capacity, these centers will provide entrepreneurs, startups, and corporates with a collaborative and innovative environment to grow and succeed.
Innov8, founded in 2015, has been at the forefront of the co-working revolution in India. The company, acquired by OYO in 2019, has established itself as a leader in the co-working space market with over 30 centers across nine cities, including Delhi, Gurugram, Mumbai, Pune, Chennai, Bengaluru, Ahmedabad, Hyderabad, and Indore. Currently, Innov8 has seven centers in Delhi-NCR, catering to over 8,000 employees of its clients.
Ritesh Malik, Founder of Innov8, believes that Delhi NCR's thriving startup ecosystem and its position as a major corporate hub make it an ideal location for the company's latest co-working spaces. The company's investment of Rs 10 crore towards the development of these centers is a testament to its commitment to providing world-class infrastructure and services to its clients.
Information
Innov8 is a co-working space provider that offers flexible and innovative workspaces to entrepreneurs, startups, and corporates. Founded in 2015, the company has established itself as a leader in the co-working space market with over 30 centers across nine cities in India. Innov8 was acquired by OYO in 2019.
OYO is a leading hospitality company that offers a range of services, including co-working spaces, hotels, and homes. Founded in 2013, OYO has emerged as a leader in the hospitality industry with a presence in over 80 countries worldwide.
Frequently Asked Questions
What is the total investment made by Innov8 in the new centers in Delhi-NCR?
Rs 10 crore
How many centers does Innov8 have in Delhi-NCR?
7
What is the total sitting capacity of the new centers launched by Innov8 in Delhi-NCR?
Over 600
What is the area of the new centers launched by Innov8 in Delhi-NCR?
60,000 square feet
Who founded Innov8?
Ritesh Malik
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