Why start-ups are flourishing in Bengaluru’s Koramangala?

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.  

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. BHive

Another amazing coworking space, providing shared office solution with associated amenities at reasonable pricing.

9. 91Springboard

They have been an established name when it comes to coworking spaces. They provide a great environment to work in with phenomenal facilities.

10. CoWork Café

They have empowered entrepreneurs, start-ups & small businesses by providing calm, inspiring, ready to use workspaces.

11. 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.

12. 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.

13. 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.  

TOP 10 CO-WORKING SPACES IN MUMBAI

Coworking spaces are a new way of working. The sudden upsurge in their growth and demand in the market has caught the attention of every entrepreneur and freelancer. These places run on a very different and new way that is attractive for the young crowd. They are designed in a modern and hep way to beat the monotony of the work. They are usually in a plug and play format where you just need to get a fully functional laptop and you are good to go. They are highly budget friendly and won’t cost you a hole in your pocket. You can walk in and leave at any point. Just pay the rent for the month, or whatsoever period you require the place for and you are good to go.

But the number of options that are available in coworking spaces is unbelievably high. All you need to know here is which one is the best. So, if you are looking for a coworking space in Mumbai, you should check out the following before coming to a conclusion.

1. 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.

2. 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.

3. 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.

4. 91Springboard

They have been an established name when it comes to coworking spaces. They provide a great environment to work in with phenomenal facilities.

5. WeWork

They have been successful in creating a productive and innovative environment for young businesses by cultivating a community of people who are creators and innovators.

6. The Playce

A good and flexible coworking space this is the place to be at. The are at a very swank area of Mumbai that attracts most of the start-up crowd, Thane. You will feel the spirit of innovation in the air and you will be able to create more.

7. Bombay Connect

One of the oldest coworking spaces of India, it is now known as the Red Brick. It is available at some of the busiest places in Mumbai including Thane, Powai, Andheri, etc.

8. 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.

9. Lumos Cowork

This is a coworking space designed for startup enthusiasts. They offer affordable working spaces in Mumbai to the ones who are looking forward to fulfil their dream of owning a big brand.

10. Garage

If you like a fun and cool environment to work in, where the monotony of the work can be broken every day, then Garage is the place to go to. The have a unique and innovative design to bring in the innovation in you. Work alongside great businesses and leverage their energy to get better every passing minute.

COWORKING SPACE IN CONNAUGHT PLACE ARE IN VOGUE NOW

People are getting smarter and wiser by the day. Especially the ones working their minds off in a new start-up. They know what is the need of the hour and they are innovating their ideas accordingly. One such innovative idea is sustainable development in terms of workspace. Youngsters are aware of the need of the environment these days and are coming up with ideas that help to save them. One such innovative project is the coworking space.

Coworking spaces are new in these days. Earlier it used to be a dream for young people just entering the market to secure an office space in a posh place like Connaught Place. But now, thanks to the coworking spaces, these start-ups can secure an office space at prices as low as INR 5000. Coworking spaces is yet another business programme in which a big company rents a big place to lease it out to smaller businesses, freelancers, and start-ups. As the name suggests itself, in a coworking space you will be sharing a big office space with other people in different companies in businesses. The entire place might not be yours exclusively, but you will be renting out a portion of the same. This option is so appealing to the young crowd because of its budget-friendly nature. At prices as low as INR 5000, you are getting fully functional office services like Wi-Fi, HR support, conference room, personal working desk, cafeteria, essential office machines, etc. These offices are 24X7 so you can walk in and out at your own convenience. Their amazing membership plans let you save a lot of money as they are tailor-made for your needs. Some office spaces also have an international presence, you can also use your membership in a foreign city.

These budget-friendly spaces are not just good for your pocket, but they play a very important role in sustainable construction. By providing one working place to a lot of small entities one can save the space and energy that all these businesses would have consumed independently. This is one smart move for the betterment of the mother nature.

Apart from that it also plays an important role in bringing out the best in the business. You might be in close corners with your rival businesses. This leads to a healthy competition where you can learn from the mistakes of one another. Another important thing is that you can get easy access to investors and VPs of big companies, who are always on a lookout for investing in start-ups.

The idea of coworking spaces is indeed a superstar in itself. Hence, it is fair enough to see its special appearance in a prestigious magazine like Vogue. You can also fulfil your dream having a fancy office space in a swank area like CP, by choosing a nice coworking space. If you are looking for the best coworking space in CP, you must try One Co. Work. They are one of the best areas in Delhi/NCR with amazing membership plans.

THE PROS AND CONS OF SHARED OFFICE SPACE

Are you the hard-working, visionary start-up person? Still short on money to get your office?

There are thousands of start-ups running in India these days. And not all of them are an overnight hit to get their own office at the very beginning. One needs a professional environment to get cerebral juices flowing, in order to produce something productive and valuable. Hence, using your home as an office, won’t really work in your favour. Then where should one go? The simple answer to this question is coworking space.

A lot of start-ups are turning to coworking spaces at the beginning of their business. The providing of coworking space is in itself a very successful startup. But is coworking space right for everyone? Everything comes with its pros and cons. Here a few pointers regarding the same, which you may consider before choosing from the best coworking office spaces.

Cons

There are a lot of distractions.

A coworking area will be an amalgamation of a lot of other businesses alongside yours. You will be interacting with a lot more people other than your own team. It is a fact that not all interactions are fruitful interactions. There will be so many other things to talk to different people, which will definitely be a thousand times better than your own work. Though you can minimise these distractions by renting a private space, you will leave the space at some point in time. And you never know, the happy fellow you met on the way in the lift, is there knocking at your door, hoping to share a conversation, which might not help you at all. A startup requires full attention an immense hard work in the begging. In order to push your product in the market, you need to hustle harder. You, as a start-up owner. Might be with this mindset always, but what about your coworkers? Hence this will fall to your disadvantage.

You will be sitting right next to your competitors.

Having competition is a good thing. It shows that your product holds a valuable position and good demand in the market space. But this definitely doesn’t mean that you would like your competitors snooping around your work. Every star up is different in a way. That slight edge is what grabs the attention of the public. And you wouldn’t want to give away that little thing that separate you from the crowd. Hence one needs to be very careful in such a scenario.

You don’t have much of a say when it comes to customization.

Personal office space can be customised in whichever way you like. You can decorate the entire thing in the way that when one looks at it, they get your brand immediately. These things cannot be done in a coworking space. Though you can decorate it a little bit, it always stays as a reminder of you not having a personal office, but a rented accommodation.

Pros

The flexibility of the place

A lease will be for a long period of time. start-ups are really unpredictable. The amount of money you have in the first month, might either go up or down drastically. If it goes own, you will find it difficult to pay the rents and end up in depts. In this way, coworking spaces offer an advantage of month to month payment. You don’t have to worry about the next month. If you have money, you can re-rent your space and continue working, or you can just leave. At times the start-up requires a lot of traveling. You need investors, hence you go around the globe to find them. At that time you won’t be using your space. So you have options for hot seats where you have to just pay for the amount of tie that you spend in the office. Isn’t that a good option?

Ample opportunities to meet valuable people.

A coworking space will have a lot of new start-ups. Some will be really good, which have already attracted a lot of investors. You will get to interact with a lot of such founders on a daily basis. This can work highly in your favour as you will get to know about their investor, their start-ups, which might give your ideas for improvement and betterment of your own start-up.

You will be in better proximity to big players.

These coworking areas are an attraction zone for a lot of investors, who visit them on a regular basis. If your work is impressive, you will definitely be able to score some hefty investor in no time.

So, make a detailed and sound decision about what you want for your startup. Happy coworking!

Why coworking so popular and trending?

Even if it’s a new concept for everyone to understand, most of us have heard about the term ‘coworking’.
For those who don’t know coworking (also known as shared office spaces) is a new concept in the real
estate industry for renting an office space. According to it, if you wish to start or expand your business, you
don’t have to start looking for a traditional office space (which is generally very expensive) but rather go for a
workspace that is shared by people from various backgrounds who will work together but independently. The
best coworking spaces in CP or anywhere are popular because of the facility they provide to the clients. It
can be a single person or a large team from a big company.

There is a reason why shared offices are so much in trend. First of all, they give you the right environment to
work (friendly, positive and collaborative). You can now work in offices like Facebook and Google very easily.
The kind of décor, interiors, vibrancy and fun we always imagined can now become true and so easily
accessible with the best coworking in CP, NSP, Gurugram, Noida etc. the coworking spaces are a lot more
than just casual clothes and working on bean bags. It’s about the state of the art infrastructure, the elements like
plans, the cool cafeteria, the weekly events and the diverse culture that coworkers bring along.

If you are looking for good options around Connaught Place for your next or current venture (that is already a
successful location), then there is no dearth of suitable office spaces. We do have some suggestions for the
best coworking in CP:

Innov8: You just can’t miss this name if you search or ask someone about one of the most popular coworking
spaces. Innov8 coworking has made its mark by being one of the coolest office spaces with the best services
and flexible plans. They give you the vibe to feel confident and start with your dreams and their beverages taste
amazing. The remarkable interiors are praiseworthy and their culture is diverse!

One Co.Work: This shared office space provider is the only example of the integration of hospitality and
coworking. You not just get a shared space to work in but also feel valued from the day you join them.
Their staff will make sure to understand what you need, serve the best to you and maintain their standards.
Their membership plans ware made as per different needs and you can also get them customized if required.
Also, they do amazing events for coworker engagement and building business networking.

Awfis: Awfis is another top name in the coworking industry. With the largest chain of shared office spaces across
the country, they know to handle even the biggest number of clients. They understand the requirements and
give you the best solution that will suit your business requirements. Elegant interiors, easily reachable centers
and affordable plans will help you start your dream venture and work without hassles.

These were our top choices for the best coworking in CP!

Here's a list of Best Coworking Spaces in Central Delhi

In the capital of the world’s biggest democracy is a town that is one of the most expensive places in the world.
The magnificent city has got Connaught Place, built under the colonial rule in foreign style. The white pillars
and broad roads are always fascinating, even if you go there every day. People would love to have their office
in the CP location because of the energy of the place and because it knows the meaning of bon appétit. A huge
number of small companies, retail brands, startups and banks have their registered, branch and corporate
offices in this place. Definitely, the city is amongst the top choices for the entrepreneurs and employees.
Connaught Place has also got shared office spaces. They are bright, youthful and collaborative places to work
where people from different backgrounds and industries come together.
Some of the best coworking spaces in CP are:

One Co.Work: Very near to the metro station and with all the cafes and retails around, we have One Co.Work, India’s only hospitality inspired coworking. You get all the facilities right from a meeting room to private cabins to hot desk to virtual office. There is a full-time IT support and housekeeping service. The community managers are always there to assist you and their engaging events help you build your business network and growth opportunities. This is definitely amongst the best coworking spaces in CP.

Innov8: On the Hanuman Road is the beautiful Innov8 coworking centre having people from different fields of
work who do their respective jobs under the same roof, collaborate for various projects, grow their network,
share opportunities and thrive together. You will find various events being arranged for fun and engagement.
The interiors are inspiring, the vibe is exciting and the services are great. The big and beautiful offices are
always interesting to work at and their coffee is mind blowing!

Awfis: The coworking space provider with the maximum number of centres in India is there in Connaught Place
as well. Having an experience of catering to a wide-spread market, this office provider deserved a place in the list of best coworking spaces in CP. You wish to have a seat for an individual freelancer, you get it. You have a big team then you get the needed
seats too. Elegant office, location connectivity and ease of working and a range of flexible plans make it a
decent option to go for.

Stirring minds: Just next in this list we have stirring minds, a comfortable and cozy place that lets you work
in peace and ease. You won’t get disappointed by the services or the place and your business will be well
taken care of. Being one of the best coworking spaces in CP, it has all the facilities in place that would support your business. This coworking space provider has been a
choice for many new startups and remote freelancers.

So, this was our picks in the central Delhi for great coworking spaces. Do you have any other option in mind?
Let us know!

List of Top Co-working Spaces in Bangalore

Bangalore, the metro cum IT city is one of the best places to have your business established at. The place is surrounded by gardens and companies. The entire vibe of the city is energetic, calm and progressive. Not just IT but e-commerce and other industries are doing well at Bangalore and talent from all over the country. To support the fresh talent and established ones looking for the correct workspace for their business, shared offices spaces have been there in the market for a few years now. The Indian market has comfortably accepted the concept of sharing office space with other people the result of which is coming up of more coworking spaces. Coworkers from diverse backgrounds come together to work at a common place on their respective projects. This encourages socializing and network building. With the existence of best companies in Bangalore there is also the presence of best coworking spaces in Bangalore. The following are a few of them:

91springboard: One of the best coworking spaces in Bangalore is 91springboard for sure. Having an experience more than other coworking spaces, it has thousands of seats to accommodate as many aspirants and dreamers as possible. You get a meeting/conference room, private cabins, hot & private desk, event space, cafeteria and a lot more! One of the oldest and the most qualified shared space provider would not let you down if you are looking for an office for your venture.

CoWrks: Headquartered in Bangalore itself, this is definitely amongst the best coworking spaces in Bangalore. Eye-catching décor, striking interiors and modern walls at a spacious and young place would give you a fresh feel at work. Their garland of services would facilitate the smooth functioning of your business and their coffee is always there to give you the vigour you need whenever you feel low. If you haven’t heard of this coworking, we suggest you should consider this as an option.

One Co.Work: When we are talking about the best coworking spaces in Bangalore, we shall not miss this shared office space. It has been the talk of the town right after its launch. Their sleeping pods are known to provide you with the best power nap when you are drowsily hitting your workstation. The weekly events at their centre help a lot in community building and networking. You get a range of plans to pick from as per your business size and needs and if not the designed ones, you can get your membership plan customized too! From daily to hourly, be a member and enjoy their hospitality.

BHIVE: This is one of the widely spread coworking offices in the area. With a splash of colours, it channels energy that is very young and modern. There are multiple levels in the building each one suitable for a certain audience/business. Clearly, it’s an ideal workplace. You are welcomed with an aroma of freshly brewed coffee and greenery. With huge options of food joints and shopping places around, it makes a very lively location for any business and is the choice for active people.

So, this was our best ones! Tell us if your workplace is as awesome or if there is any other office equally amazing.