Co-working spaces have revolutionized the way businesses work, and it’s not just start-ups and freelancers who are benefiting from them. Many top brands have also realized the potential of co-working spaces in Hyderabad and have been using them to expand their businesses. By leveraging the power of co-working spaces, top Indian brands, including BYJU’S, Razorpay, and Paytm, have taken their businesses from tiny startups to multimillion-dollar enterprises without breaking the bank.
Co-working spaces offer entrepreneurs and startups a flexible, cost-effective, and collaborative environment to grow and expand their businesses. They provide a range of benefits that traditional office spaces don’t, such as affordable rental rates, flexible lease terms, high-speed internet, printing services, conference rooms, and networking events. Here’s a look at some of India’s top brands that Made it big while using coworking spaces.
Byju’s: One of India’s most popular EdTech platforms, BYJU’S started in 2011 with just four employees. Today, the company has over 5,000 employees and a valuation of $22 billion. BYJU’S success story is a testament to the advantages of co-working spaces, which allowed them to scale quickly without worrying about the high cost of traditional office spaces.
Meesho: Meesho is a social commerce platform that enables small businesses and individuals to start their online businesses through WhatsApp and Facebook. The startup was founded in 2015 & operates from various co-working spaces across India. Meesho has raised over $700 million in funding so far and is valued at over $4.9 billion.
Razorpay: Razorpay is a payments gateway startup that provides end-to-end payment solutions to businesses of all sizes. The startup was founded in 2013 and operates from various co-working spaces. Razorpay has raised over $300 million in funding so far and is valued at over $7.5 billion.
Paytm: Paytm, India’s largest mobile payments platform, started in 2010 with just four employees. Today, the company has over 18,000 employees and a valuation of $21 billion. Paytm’s early years were spent in co-working spaces, which gave them access to a community of entrepreneurs, investors, and mentors.
CRED: CRED is a credit card payment management platform that rewards users for paying their credit card bills on time. The startup was founded in 2018 and operates from various co-working spaces. CRED has raised over $800 million in funding so far and is valued at over $6.4 billion.
These five Indian brands are a testament to the advantages of co-working spaces. In conclusion, co-working spaces are a great option to consider for business owners looking for office space for rent in Hyderabad. They offer a range of benefits and opportunities for growth and expansion, as seen from the success stories of these five Indian brands. Whether you’re a small business owner, a freelancer, or a startup founder, co-working spaces could be the key to your success.