Founded in October 2015 by Paras Arora and Lavesh Bhandari, Gurgaon-based workspace aggregator, Qdesq has raised an undisclosed amount of funding in seed round led by Redcliffe Capital’s partner Dheeraj Jain. Dheeraj is an angel investor in Deyor rooms, DogSpot, Mappr, Simpli5d technologies, Shipsy, Zocalo and Burger Singh etc.
The other investors who also participated in the round include former Du-Pont executive Jagdish Kumar, and high networth individuals Bharat Gupta, Ankush Saigal and Praveen Saini. The company aims to utilise the raised funding in building Qdesq’s core team, upgrading its technology and expansion to newer cities in the coming six months.
Qdesq offers ready-to-move-in office space at a standardised pricing of Rs 3,500 a month per workstation onwards. Its inventory consists of its own brand and managed workplaces as well as verified third-party listings. Currently, it has 23 live venues across Delhi and Gurgaon and one own branded and managed centre in Gurgaon.
In the next six months, the company plans to expand to other cities like Bengaluru, Mumbai, Pune, Hyderabad and Chandigarh. It will also add 100 more venues (third party) and two more own branded and managed centres in coming months.
“Qdesq aim is to revolutionise office occupancy experience by ensuring affordability, flexibility, predictability and geographical spread so that you can work wherever you want on your terms, hassle free,” said Paras Arora.
Other players which operating in the space are 91Springboard, Social Offline, BHiVE, Regus and bengaluru-based Cobalt among others.Category Investments News