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
Related News Articles
Institutional Real Estate Investments in India Reaches $6.5 Billion in 2024, Industrial and Warehousing Lead the Way
In 2024, institutional real estate investments in India surged to $6.5 billion, a 22% increase from the previous year. The industrial and warehousing sectors dominated, accounting for 39% of the total investments, followed closely by the office segment at
A Teacher and Financial Pro’s Hill Station Retreat Near Mumbai
Discover the unique journey of Anukampa and Anurag, a teacher and financial professional who traded city life for the serenity of Shedung, just 60 km from Mumbai. Explore their reasons for the move and the trade-offs they face daily.
Real Estate Sector Aims for Industry Status: Key Reforms for Union Budget 2025
The real estate sector is making a strong push for 'industry' status in the upcoming Union Budget 2025, aiming to drive investment, innovation, and economic growth. Grant Thornton Bharat’s survey highlights key reforms that could boost the sector and addr
Mumbai Sees Stable Property Registrations in February 2025
While the property registration numbers have shown a slight decline, the Mumbai real estate market is exhibiting signs of stabilisation, according to Knight Frank India.
TCS Expands Delivery Center with ₹2250 Crore Acquisition of Darshita Southern India Happy Homes
Tata Consultancy Services (TCS) has announced the acquisition of Darshita Southern India Happy Homes for ₹2250 crore. This strategic move aims to expand TCS's delivery center in the region, leveraging the commercial real estate developed by Darshita for t
How RERA Karnataka Ensures Transparency in Flats for Sale in Bangalore
Bangalore's real estate market has seen significant growth, leading to a surge in demand for available flats. RERA Karnataka is playing a crucial role in ensuring transparency and accountability in the sector.