Awfis Funding – Raises USD 20 million from Sequoia India | Plans to add 100+ Coworking Centers

The growth of Coworking Ecosystem in India has been wonderful in the past couple of years. Lots of promising Coworking Chains are emerging with innovative infrastructure solutions for startups, freelancers and corporate firms. Awfis Space Solutions, South Asia’s largest network of collaborative co-working spaces has raised USD 20 million from Sequoia India. The Awfis funding will help them to expand their network of centers and provide more innovative services to the office seekers.

Awfis Funding – What happens next!

Awfis is planning to open 100+ centres with 35,000+ seats across Mumbai, NCR, Chennai, Bengaluru, Kolkata, Hyderabad and Pune in the next 2 years. With a better inventory, it is also going to enhance its existing technology platform. In addition, This will help the company in achieving its objective of having an Awfis centre within a 10 minutes driving radius in each of the key metros.

We have seen a huge demand in the market for co-working spaces and have created a shared economy platform that leverages technology. Awfis is transforming under-utilised real estate assets and providing an affordable and exciting new age work environment for today’s entrepreneur. We believe that this will facilitate a change in preference of the conventional office user from traditional offices to new age co-working spaces. We are thrilled with the market response and are confident that this funding will further enable our goal to have an ‘Awfis’ available anytime/anywhere in all major cities.

− Amit Ramani – Founder & CEO, Awfis

 

About Awfis

 

One of the largest players in Coworking spaces in India, Awfis specializes in providing highly furnished and easily accessible workspaces across Mumbai, Delhi, Hyderabad, Pune and Bangalore. Most important, their well-managed Coworking communities are an excellent source to network & grow through events, workshops and programs. Awfis’ 130+ highly experience professionals are currently serving more than 5000 members across the country.

See also – Awfis Coworking Space in Connaught Place

Rutavi Bhatia

Author at Coworking India Magazine. I love writing about entrepreneurship, innovation and technology.

shares