Innov8 Coworking has raised its angel round of funding from India’s top angel investors and HNIs. The startup has been backed by Y-Combinator in the past. Innov8 Coworking has been in the news for the last year with its Premium Coworking Space in Connaught Place, Delhi and then its space in Chandigarh. The coworking Space chain is also launching in Bangalore this month.
The investors who have participated in this round include Rajan Anandan (MD India, Google), Vijay Shekhar Sharma (Founder, PayTM), Girish Mathrubhootham (Freshdesk), Kunal Shah (Freecharge), PunitSoni (Ex-Flipkart CPO), Anand Chandrasekeran (Facebook), Sunil Kalra (Via Projects), Utsav Somani (Angel List India), Vishal Gondal (GOQii), Vikram Limaye (IDFC Bank), and others. The round was led by LetsVenture.
Expansion Plans of Innov8 Coworking
Innov8 currently has its Coworking Spaces in Delhi, Chandigarh and Bangalore. With the fresh funding, they plan to expand to Mumbai and Gurgaon very soon.
As per an interview with Yourstory, Ritesh Malik, CEO of Innov8 said:
“We have some of the best names in the startup world backing us. More than the money when we were raising this round, our focus was to get the most supportive and hands-on investors who’ve been there and done that. We value the experience each of our investors get on board to build Innov8 into a world class workspace brand.”
Congratulations Team Innov8!