BHIVE Workspace Raises $1Million Led By Blume Ventures

BHIVE Workspace a workspace provider, caters to over 150+ ventures. The company currently operates in 4 locations covering 50,000 sq. ft with over 800 active members.

BHIVE Workspace has raised about $1 million in funding led by Blume Ventures.

BHIVE Workspace a workspace provider, caters to over 150+ ventures. From corporates to small businesses to freelancers, it offers a range of facilities that enable individuals and businesses to focus on their work and still have a community driven, vibrant work environment.

The company currently operates in 4 locations covering 50,000 sq. ft with over 800 active members.

With this $1 million funding, BHIVE plans to expand strongly in Bangalore while also establishing a presence in the top 6 cities of India. The funds will also be used to attract top talent, build technology that will further enhance customer experience.

Shesh Palikar, CEO and Co-Founder at BHIVE Workspace, said, “We have a diverse global team and we are running at 100% occupancy level, with a long waiting list. We will use the funding money for expansions both in Bangalore and in other major Indian cities before we venture beyond India. We will also use the money to attract top talent. We will also invest very strongly in technology, processes and brand building. We plan to have over 2 million square feet of office space under BHIVE management across 6 major Indian cities over the next 2 years.”

Leave your vote

1 point
Upvote Downvote
1 comment

Discuss

You May Also Like

LG launches Stylus 2 Plus for Rs 24,450

After rolling out Stylus 2 Plus in the overseas market, LG announced the launch of its latest smartphone in India, which is an upgraded version of the previous LG Stylus 2. The smartphone comes with a .7 inch HD display, runs on Android 6.0 (Marshmallow) and has a 16-megapixel rear camera, and a stylus pen.
View Post

Facebook Introduces Secret Videos And Adds A Video Library

Page owners will now be able to upload secret videos that are accessible only via direct URL. The social network has also added new controls for sharing, meaning creators can restrict the audience of a video by age, gender, etc. Further, with the new video library, page owners can see and control all their videos from a single place.
View Post