Thursday, December 3, 2020
No menu items!

91springboard bags Rs 45 crore in funding from existing investors – ETtech

Must Read

U.S. Private Payrolls Miss Expectations As COVID-19 Infections Spread

WASHINGTON: U.S. non-public payrolls elevated lower than anticipated in November as hovering new COVID-19...

Cyclone Burevi expected to cross coast in the early hours of Friday

Cyclonic storm Burevi is expected to be centred shut to Pamban by Thursday midday, and should cross the...

Remembering Dev Anand’s Best Solo Songs on His Death Anniversary

December 3, 2020, marks the ninth loss of life anniversary of Bollywood legend Dev Anand. Born Dharamdev Anand...


Illustration: Rahul Awasthi

Co-working startup 91springboard has raised Rs 45 crore in funding from its existing investors together with Singapore-based advertising and marketing know-how firm Freakout and Shinsei Bank of Japan amongst others.

The fundraising comes at a time when the Covid-19 pandemic has compelled firms to cut back workplace areas and renegotiate rental agreements to slash prices. Some are additionally toying with the thought of creating work from dwelling a everlasting characteristic to chop lengthy-time period overheads.

With the easing of the lockdown, the corporate mentioned it has reopened 14 of its 27 coworking areas throughout India. These 14 workplace areas are positioned in Delhi NCR, Gurgaon, Noida, Bengaluru, Hyderabad and Goa.

“We have received an encouraging response from our members with nearly 60%of members returning or committed to return soon to our co-working spaces. We have also witnessed a 2X growth in demand from large enterprise teams as they are now looking for benefits like flexibility, PAN India access, strategic partnerships and much more,” mentioned Anand Vemuri, CEO, 91Springboard.

91springboard is considered one of few coworking gamers that has been worthwhile on an organization stage, Vemuri mentioned. “Being a people-first organization, we have always supported our members in times of crisis, and we are happy that our work has been appreciated,” he added. “We plan to utilize it by offering new-age and customized solutions that will help all our members adapt to the new normal.”

Founded in 2012, 91springboard’s clientele contains Zomato, OLX, TataSky, Cleartrip, SleepyCat, IndiaMart, Mahindra Retail, Groww, Marsh, Datamatics, 1 MG, Cardekho amongst others.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

U.S. Private Payrolls Miss Expectations As COVID-19 Infections Spread

WASHINGTON: U.S. non-public payrolls elevated lower than anticipated in November as hovering new COVID-19...

Cyclone Burevi expected to cross coast in the early hours of Friday

Cyclonic storm Burevi is expected to be centred shut to Pamban by Thursday midday, and should cross the south Tamil Nadu coast between...

Remembering Dev Anand’s Best Solo Songs on His Death Anniversary

December 3, 2020, marks the ninth loss of life anniversary of Bollywood legend Dev Anand. Born Dharamdev Anand in Punjab on September 25,...

Oil Companies Hike Petrol, Diesel Prices For Second Straight Day

<!-- -->Fuel Prices: Domestic petrol and diesel costs fluctuate throughout states attributable to worth added tax (VAT).Oil advertising and marketing corporations hiked the...

More Articles Like This