Startup News: Delhi NCR co-working space provider, GoHive raises Rs 2.5 crore funding

GoHive, a co-working space provider in Delhi-NCR has raised Rs 2.5 Crore in a pre-Series A round from seasoned angel investors to fuel its growth and expansion plans. With this funding, GoHive has aimed to double its current size and reach to 5,000 seats within a year, with presence in NCR, Bangalore & Mumbai.

Speaking about the funding, Mishu Ahluwalia, Founder & CEO, GoHive, “The round has showcased investors’ confidence in our business strategy and our initiative to make spaces more accessible and suitable to different business needs, empower young companies, and enable deeper business inclusion in the ecosystem."

The company feels that the future of spaces lies in technology and removing distance as a limitation for professionals. Co-working spaces provide seamless connectivity, better work management, provisions for businesses to experiment with technology & resources. Similarly, GoHive is working to provide the office and the avenues as a single package for a co-worker, helping people leverages diversity into an all-inclusive micro market experience.

GoHive has seven centers in Delhi NCR as of now and is coming up with a new center at Golf Course extension road, Gurugram next month. The company is working on the expansion plans in Bangalore and Mumbai in the coming months.