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ABL Workspaces secures angel funding from Great Point Capital LLC

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Press Trust of India New Delhi
Last Updated : Feb 28 2020 | 10:46 PM IST

Co-working firm ABL Workspaces on Friday said it has raised an undisclosed amount in angel funding from Great Point Capital LLC, Chicago.

The funds will be utilised to strengthen the company's presence in the capital region to 15,000 seats across 50 centres by the end of FY21.

Founded in December 2017, ABL Workspaces currently has nine centres in Delhi NCR with 2,500 seats. Its clients include Bira 91 Beverages, Etsy, Livspace, Truly madly, Petrofac and Cynesis among others.

"The funding has come on the accurate time which will help us in going live with 15 number of centres by June 2020. We have witnessed an immense growth in our business and clientele," ABL Workspaces co-founder and CMO Akshita Gupta said in a statement.

She added that the company aims to acquire maximum space in Delhi-NCR with 15,000 seats and 50 centres by the end of FY21.

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First Published: Feb 28 2020 | 10:46 PM IST

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