Mid-market Office Space Investment Opportunity in New Delhi, India
Co-working space company with 12 locations across Delhi NCR and 6,800 operational seats seeks funds.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 5.8 million |
| Run Rate Sales | USD 5.8 million |
| EBITDA Margin | Nil |
| Industries | Office Space |
| Locations | New Delhi |
| Local Time | 1:15 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
1.15 million
for
5.0%
stake
(Native Currency: INR 100,000,000)
Reason: - Planning to expand to Hyderabad and Pune next year. Both markets are less crowded as compared to t...
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Includes physical assets worth
USD
150 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
(2.4 MB)
Our Space
(11.7 KB)
Conference Table
(239.1 KB)
Exterior
(213.1 KB)
Interior
(206.0 KB)
Business Overview
- Creating Google-like workspaces for micro businesses, delivering the quality they deserve but have long been missing.
- Implementing a monthly subscription model for coworking seats, encompassing real estate costs, soft services, and management similar to a hotel experience.
- Operating 12 locations across Delhi NCR with approximately 6,800 operational seats, available monthly for INR 5,000 to 13,000 per seat plus GST.
- Currently generating an annual recurring revenue (ARR) of INR 50 crore (~$6M) across these locations.
- Utilizing an asset-light model where landlords invest capital while operations are managed efficiently, minimizing capital requirements. This is also why our employee count is low.
- Serving over 600 small businesses, with expansions in place to reach 11,000 seats, projecting an increase in ARR to INR 80 crore (~$10M).
- Hosting prestigious clients such as Rentmoji, Astrotalk, Livspace, Spinny, Dunzo, Zoho, Sharechat, Lenskart, Air India, Kotak, Hyundai, and Volkswagen.
- Planning significant expansion, seeking investment to scale from 11,000 to 40,000 seats, thereby greatly enhancing market presence.
- Operating on a liability-light structure by partnering with landlords through a profit-sharing model, effectively minimizing financial risk.
- Company is currently operating at break even and expects to be profitable soon.
- Company has a valid incorporation and GST license in place.
- Implementing a monthly subscription model for coworking seats, encompassing real estate costs, soft services, and management similar to a hotel experience.
- Operating 12 locations across Delhi NCR with approximately 6,800 operational seats, available monthly for INR 5,000 to 13,000 per seat plus GST.
- Currently generating an annual recurring revenue (ARR) of INR 50 crore (~$6M) across these locations.
- Utilizing an asset-light model where landlords invest capital while operations are managed efficiently, minimizing capital requirements. This is also why our employee count is low.
- Serving over 600 small businesses, with expansions in place to reach 11,000 seats, projecting an increase in ARR to INR 80 crore (~$10M).
- Hosting prestigious clients such as Rentmoji, Astrotalk, Livspace, Spinny, Dunzo, Zoho, Sharechat, Lenskart, Air India, Kotak, Hyundai, and Volkswagen.
- Planning significant expansion, seeking investment to scale from 11,000 to 40,000 seats, thereby greatly enhancing market presence.
- Operating on a liability-light structure by partnering with landlords through a profit-sharing model, effectively minimizing financial risk.
- Company is currently operating at break even and expects to be profitable soon.
- Company has a valid incorporation and GST license in place.
Products & Services Overview
- Company provides co working spaces.- Working with micro and small businesses.
Assets Overview
Company owns furniture, fixtures, laptops, equipment, and vehicles.
Facilities Overview
The company is headquartered in New Delhi.
Capitalization Overview
The business is financed through profits and prudent management. It was bootstrapped for the first seven years before securing an angel round of INR 1.82 crore in March of last year, at which point the annual recurring revenue (ARR) reached INR 21 crore. As of today, outstanding debts and loans total approximately INR 31 lakh. The cap table will be shared following the introduction, with founders currently holding over 90% ownership.
Recent Activity
-
Earlier than 15 daysBusiness Owner, Gas Station, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIT Consultant, IT Solutions, Kuwait City, Individual Investor / Buyer connected with the Business
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