Registers a 37% M-o-M growth rate, plans to woo multinational corporates with 50 centers across India in next 5 years
GoWork has registered a M-o-M growth rate of 37%.
Commenting on GoWork’s progress, Sudeep Singh, Co-Founder and Chief Evangelist, GoWork, said, “The co-working segment is growing rapidly in India and we want to strengthen our position as the leading player in the domain through rapid expansion. With increasing competition, we foresee a massive upsurge in the market combined with a culture of consolidations, buyouts and mergers. We want to move in this direction following our policy of ownership of spaces that offers greater flexibility to our clients.”
Spread over 8 lakh square feet with a capacity of 12,000 seats across its two offices in Gurugram. GoWork is the brainchild of Sanjeev Mahajan (Chairman), Sudeep Singh (Chief Evangelist and Co-founder) and Nimit Mahajan (Co-founder). It was founded in June, 2017.
It competes with the likes of Awfis, BHIVE Workplace, Innov8, 91springboard, IndiQube, Creator’s Gurukul, and US-based coworking startup WeWork, among others. Recently, shared workspace provider Awfis raised an additional $20 million series C funding from marquee investors Sequoia India and Innoven Capital and The Three Sisters: Institutional office TTS:IO led by Radha Kapoor Khanna.
Source: BW Disrupt