Bengaluru has been like the Silicon Valley of India. It is one of the busiest cities when it comes to the IT industry. So many high-profile IT companies have set up their headquarters in Bengaluru, giving it the status of the tech city of the country. Certain areas like Indiranagar, Electronic City, Whitefield, Koramangala, etc. have been immensely popular amongst the business crowd.
Koramangala, however, has been a popular choice. Not just amongst the big companies but also with SMEs, start-ups, and freelancers. An entrepreneur admires the place based on its commercial value. The reasons for the same can be many. For instance, a commercial town will have a reputation of a commercial town amongst the masses as well. Your business will be amongst the giant of the industry and you will attract the same clients as the other businesses. You won’t be struggling a lot in getting investors and funding as you will be in the vicinity of the bigshots. Therefore, Koramangala is getting all the attention.
The startup circle has seen a wider growth in this region particularly. Not all the start-ups can afford to pay a hefty amount of rent tot to afford an office in an area as swank as Koramangala. They might have to struggle a lot in order to get the money for the lease and rent, or they would have to cut a big chunk out of their business investment. Having a private office in a highly commercial area is interesting but it can make a hole in your pocket. God forbid, your business doesn’t take up as you expected it, you might end up in a debt. Therefore it is necessary to go for a smart investment. And a smart investment is also a sustainable investment. Hence, to suit this thought of sustainable development a new concept is gaining popularity, the coworking spaces.
Bangalore being the IT hub of the country, has so much to offer to the young entrepreneurs. There are ample opportunities to rise and shine. But to rise and shine you need to, first, make a mark of your brand in the market. You need to show your worth to the people and show how you are better than the crowd. That requires commitment and immensely hard work.
Your environment has a direct impact on your day's input. Being in a stressed and highly distracting environment reduces the work output. Thus, your dream project will be delayed and before you can even bring out the word about it to the general public, someone else would have already done it. IT sector is the fastest developing sector and one needs to be always on their toes to survive. Hence, you would want to do everything that is needed to keep your business up and going. You would want to provide a professional environment for yourself and your team. That requires office space. But, at the beginning of your business days, can you afford to set aside a big chunk of money for lease and rents?
Most people do such small mistakes in the early days of business and end up with huge amounts of debt in the end. This is where you are required to think smartly and innovatively. You need to focus your attention not only on the product but also on the finances so that you never run dry. Therefore, going for private office space might not be a good decision, hence the need for coworking spaces.
Coworking spaces are shared office spaces. You don’t rent out the entire accommodation, you just share the required portion of it with the other company members. The best part about it is, it is highly affordable. You get every required facility that is available in a professional office space at budget-friendly prices. But one might feel overwhelmed with the number of choices that are available. While choosing your option you might get really confused and end up regretting your decision later. thus, you need to know which is the best and cheapest in the entire lot.
Koramangala has got a wide range of coworking spaces for everyone. These coworking spaces are a gateway for the young start-ups to fulfil their dream of working in a posh and high-end commercial place. These places one can only afford when the business is fine and well running, not in the initial days. Thus, these coworking spaces help them get their way amongst the giants of the business industry. Not just that when you are in a coworking space, you are basically amidst the highly innovative and motivated crowd. You are in a place where the cerebral juices are running to the maximum and you have so much to learn and discover. You can troubleshoot your problems beforehand so that your project doesn’t have to face an issue later. There are innumerable benefits of coworking spaces and the list can extend endlessly. You just need to choose the right place to suit your business needs.
Since there are so many options available you might end up getting confused in the end about what to choose and what not choose. Here is a list of a few great coworking spaces in Koramangala region of Bengaluru that you explore before narrowing down to your final choice.
- iKEVA
They provide professional office spaces in proximity to important city destinations. They have high-speed internet as well as phone solutions. The flexible working hours lets you get in and out at the time of your choice. It is professionally managed and you will be provided with an uninterrupted supply of electricity, maintenance, and security.
- REGUS
When it comes to coworking Regus is the first name that comes in mind. They have amazingly designed coworking spaces suited to everyone’s need. Their international presence lets you use their office spaces even in foreign countries.
- INNOV8
Innovate is another peppy and refreshing place to work in. they have a very different approach to a working space, which you will realise when you visit their centres. They have membership plans that will suit the needs of everyone.
- One Co.Work
One Co.Work has been providing its customers with state of the art facilities when it comes to office amenities. They have been successful in getting 100% customer satisfaction and is must try when it comes to coworking spaces.
- Startup Huts
It’s a cosy and comfortable office space started by IIT and IIM alumni. They have managed to provide a perfect working ecosystem for start-ups, freelancers and entrepreneurs at reasonable pricing.
- The Hive
The Hive is yet another collaborative coworking space. they are a have an office space spreading pan-India offering shared as well as private offices with the associated amenities.
- NASSCOM 10,000 Start-ups Warehouse
It’s a NASSCOM initiative helping to spread the entrepreneurial spirit in India, by providing budget-friendly office spaces for the ones who want to create and innovate.
- BHive
Another amazing coworking space, providing shared office solution with associated amenities at reasonable pricing.
- 91Springboard
They have been an established name when it comes to coworking spaces. They provide a great environment to work in with phenomenal facilities.
- CoWork Café
They have empowered entrepreneurs, start-ups & small businesses by providing calm, inspiring, ready to use workspaces.
- Sparkplug
This is the most quirky and vibrant place to get your start-up going. They provide coworking solutions to innovative and motivated businesses at an inspiring location. You can get good deals for membership suiting your business needs. Being in the birthplace of many successful businesses, sparkplug is a great place for you to get started. They provide you plug and play offices to simply get started with your work. With their state of the art facilities, you can enjoy working there with utmost ease and comfort.
- Commune
Another exciting place to start working in. They have specially curated workplaces to accommodate and house ventures of all genres. They provide great working solutions for all kinds of start-ups with reasonable prices. They have a creative design to inspire you to work with immense enthusiasm all day long. It is an amazing place to start working with.
- IndiQube
They will help you transform your work into the work of your dreams. Your project will become the popular brand that you wish for it to be. These are dedicated workspaces that will help your business grow and become what you wish for it to become.
Coworking spaces are the future of working. These places are not just helping the small business to live their dream having a good office space, but they are also helping in solving the problem of land. This concept of sustainable workspaces is not just beneficial for the businesses, it also a win-win deal for the environment. Instead of renting different office spaces, if all small businesses can be brought under one roof, the expense of water and electricity can be minimised to a great extent. This is not just a short-term solution for the business, it is a long-term solution or the global environmental issues. This is a healthy step for everyone.
