Matrix Partners India and K Raheja Corp have launched ‘The Space’, a co-working space for startups in Powai to cater to the growing startup activities in Mumbai.
As reported by NextBigWhat, ‘The Space’ will provide platform for startup teams of 3-6 members, and startups at early development stage will be given preference. It can accommodate 8 startup teams per cycle with a three month duration. The startups will be selected by a panel of investors from the mumbai startup ecosystem.
Startups looking ahead of grabbing ‘The Space’ for themselves need to apply for the first cycle which is scheduled to start in the second week of June. The applications will close on 5th May.
K Raheja Corp is a real estate group in Mumbai. They offer premium properties for sale in Mumbai, Pune, Goa and Hyderabad.