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Office Space Investment Opportunity in Gurgaon, India

Tech-enabled co-working space aggregator backed by Inflexor Point, Aha Ventures, and WeFounderCircle.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3.7 million
Run Rate Sales USD 3.7 million
EBITDA Margin 5 %
Industries Office Space + 1 more
Locations  Gurgaon
Local Time 9:04 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 3 million for 14.0% stake (Native Currency: INR 250,000,000)
Reason: The company's international expansion plan is divided into 4 phases and nodes i. e. Middle East Asia... View More
Includes physical assets worth USD 50 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
Why co-working?
Poster
Reviews
Hybrid Co-working
Business Overview

- One-stop solution to bridge the gap between co-working spaces and end users by providing a user-friendly, common platform for co-working spaces to list their spaces, and end users to find the space that fits their needs.

- The company provides corporates, SMEs, and startups with hybrid, hub and spoke, walk-to-work, and flexible workspaces.

- 2,000+ spaces on the platform in 100+ cities in Pan India, the network of spaces is present across Tier 1, 2, 3, and 4 cities.

- Company clocked approx USD 4.4 Mn GMV in FY 2021-22 and a monthly GMV of INR 2.5-3 crore.

- Company has served 150+ corporates to date and has 4,000+ unique product users.

- First to launch the B2B corporate product suite in the APAC which helps the corporates avail flexible memberships at scale.

- Creating impact by facilitating more officing in Tier 2 and 3 cities and shifting the economic paradigm to the Tier 2, 3, and 4 cities.

- Company's asset-light model comprises of below-mentioned revenue streams:

● Commission – co-working spaces give commission for the business provided on both B2C and B2B transactions. (This comprises 80% of current revenues)

● Marketing as a Service - priority listing and promotional services to the co-working spaces.

● Consultancy - mini M&A between silver and standard category co-working spaces.

● Company setup services - making cross-border expansion easy for clients.

● Co-branding - promoting brands inside the network of co-working spaces.

● Data & analytics - Creating a pro version of the application with additional analytics in it.

Products & Services Overview

For B2C - mobile application on Android and iOS.

For B2B - SaaS product suite consisting of admin panel and employee application. Products available - open desk, day pass, meeting room, conference room, dedicated desk, private cabins, and virtual offices.

Assets Overview

The physical assets include the computers, mobiles, and electronic devices owned by the company.

Facilities Overview

None. Do not have an office as of now.

Recent Activity
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1 Investor contacted this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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