Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 01 2019

Hyderabad-headquartered iKeva raises funds for expansion of co-working spaces in India

iKeva is planning to set up 15 new co-working centres over the next 12 months.

Hyderabad-headquartered iKeva raises funds for expansion of co-working spaces in India

iKeva, Hyderabad-headquartered co-working infrastructure provider, has raised an undisclosed amount of funds from Meenakshi group. The funds have been raised by the company to help its expansion of co-working spaces across major metros in India.

iKeva is planning to set up 15 new co-working centres over the next 12 months. The company had launched its first centre in Banjara Hills, Hyderabad, in 2013. Since then, it had added 8 more centres across 5 major metro cities, including Bengaluru, Chennai, Gurgaon, Hyderabad, and Mumbai. The co-working infrastructure provider will be opening two more centres in Hyderabad over the next quarter. 

Monika Misra, Co-Founder of iKeva, said, "This industry has tremendous room for growth, the fresh infusion of funds will help us speed up our business expansion this year, and foray into new fast-growing cities." 

Mahesh Katragadda, Director, Meenakshi Group, stated, "Collaborative work-spaces are displaying remarkable growth and we recognise strong synergies between the co-working model and traditional real estate."

The co-working spaces of iKeva range from 10,000-15,000 square feet. It provides services and amenities like flexible fully furnished workspaces, professional team, high-speed internet, high-end IT, reprographics, among others. 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Fine Dine Restaurants
    About Us: MOTI MAHAL DELUXE commenced its operations in 1978 and since..
    Locations looking for expansion Delhi
    Establishment year 1978
    Franchising Launch Date 1990
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Education Supplies
    About Us: TicTacToe Learning Center is an afterschool program, learning English..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: English Pillars Edu Comp Pvt. Ltd. facilitates training for the international..
    Locations looking for expansion Punjab
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amritsar Punjab
  • Quick Service Restaurants
    About Us: Gill’s Kitchen is a brand of H & H..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities