Business Standard

Tuesday, December 24, 2024 | 10:52 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Demand for co-working space is set to see three-fold rise by 2020

From an annual average of 3 million sq ft available currently, co-working space is set to scale up to 11 million sq ft by 2021, says Sudeep Singh, chief evangelist and CEO at GoWork

The ground floor of one of the WeWork spaces in Gurugram. Photos: Dalip Kumar
Premium

The ground floor of one of the WeWork spaces in Gurugram. Photos: Dalip Kumar

Vinay Umarji Ahmedabad
From operating out of one of the founders' home, Gurugram-based NGO consulting start-up Impactify has settled down at one of the co-working properties run by GoWork. Impactify's Founding Partner Sudeep Gupta feels the decision has not only brought the start-up's overheads down but also helped it scale its team up or down as the need arose. 

“We have seen ourselves scaling down to a team of seven to scaling up to 12 and are now steady as a 10-member team. This is the flexibility that GoWork offers, along with providing a corporate-like space that helps us attract better talent," says Gupta,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in