A Early Revenue Startup in Real Estate ( Coworking Spaces ) from India is looking to raise fund

BUSINESS BRIEF

The startup is having 3 co-working spaces in well established business hubs of Mumbai and Pune. Currently, they have 30,000 sq. ft area under operations and 175+ clients covering over 884 seats. ARPU is Rs 6,000. Here are some of the key points- 1) Asset Light Model- Capex cost of Rs 1500-1600 sq.ft as compared to industry avg. of Rs 1800-2000 sq. 2) Value of Money for clients resulting 25-40% savings as compared to operating their own space. 3) Effective utilization of office space with each desk covering 35-40 sq.ft (Industry average- 70-80 sq. ft). 4) Also providing business services like HR, accounting, courier, CA/CS through 3rd party tie ups. 5) In-house food and beverage and all stationery products available. The co. is looking to raise Rs 10 cr and is planning to reach another 2 lakh sq.ft area in another 2 years out of which 50,000 sq ft. area has already been identified.

Proposal

Funding Requirement INR 100 Mn
Funding Status I do not have any investment commitment
10% - Working Capital 90% - Expansion- reaching additional 2 lakh sq. ft in 2 years.
Industry IconIndustry & Sub-Industry
Industry IconTechnology/Product/Service Offering Co-working spaces
StartUp Stage

Early Revenue

Business Segment Type

B2B

Technology Information

Financial Information

2017 (in INR) 2018 (in INR) 2019 (in INR) 2020 (in INR)
Sales 0 Mn 0 Mn 0 Mn 50 Mn
EBDITA N.D N.D N.D N.D
PAT N.D N.D N.D N.D
TANGIBLE NET WORTH N.D N.D N.D N.D
LONG TERM DEBT N.D N.D N.D N.D
TOTAL DEBT N.D N.D N.D N.D
CONTACT BUSINESS

If you are interested in connecting with business please send an Expression of Interest.

SHARE VIA
CONTACT DETAILS