Innov8, OYO's co-working firm, has launched 3 new facilities in Delhi-NCR with over 600 seating capacity, expanding its presence in the region's thriving startup ecosystem.
Photograph: Kind courtesy Ritesh Agarwal/Twitter
New Delhi, Jul 12 (PTI) Co-working firm Innov8 has started three new facilities with over 600 sitting capacity in Delhi-NCR at an investment of Rs 10 crore as part of its expansion plan amid a rise in demand for flexible workspace.
These three facilities, having a total of 60,000 square feet area, are located at Unitech Cyber Park, DLF Cyber City and Okhla in Delhi-NCR, the company said in a statement.
"Delhi NCR's thriving startup ecosystem and its position as a major corporate hub make it an ideal location for our latest co-working spaces," Ritesh Malik, Founder of Innov8, said.
Innov8, which was acquired by OYO in 2019, has invested Rs 10 crore towards the development of these co-working centres.
Founded in 2015, Innov8 is currently spread across nine cities - Delhi, Gurugram, Mumbai, Pune, Chennai, Bengaluru, Ahmedabad, Hyderabad, and Indore - with over 30 centres hosting more than 8,000 employees of its clients.
Currently, the company has seven centres in Delhi-NCR.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback