Bangalore-based BHIVE, a workspace solution for all work enthusiasts; entrepreneurs, start-ups and businesses, has raised angel funding from Raghunandan G (Founder, TaxiForSure), Rajesh Rai (Venture Capitalist & Co-Founder, Venturesity), Arihant Patni (Managing Director, Hive Technologies), Sanjay Mirchandani (Owner, Mirchandani Group) and Arun Narayan (Director, UK India Business Council).
BHIVE Workspace houses startups, small businesses and companies. It provides working space for enthusiasts across various work profiles like – Tech, Software, Mobile, Hardware, IOT, Fintech, Education, Innovation, Foodtech, Gaming, eCommerce, B2B, B2C, Hyperlocal, Social Impact & freelancers.
The company started out in November 2014 as a provider of accessible and quality plug ‘n’ play workspace in Koramangla, Bangalore. It fulfills the vision behind its existence by fueling efficiency, catalyzing innovation, triggering collaborations and housing success stories of about 90 startups covering 400 active members. Currently the startup has three co-working space and now opening its fourth location (HSR Sector 4) shortly.
It offers daily/weekly plans and its monthly membership plans varies between Rs. 4500 to Rs. 8000 per seat/month. Shesh Paplikar, CEO & Founder of BHIVE Workspace, firmly believes that co-working spaces are essential to developing a growing and vibrant entrepreneurial ecosystem in India. He reflects that while an entrepreneur or startup spends time, efforts and investments on taking an idea to the next level, there exists many trivial, yet significant, issues that grab attention. Finding the right workspace, maintenance of office space, bill payments and operations, house-keeping and security, procuring food and beverages etc. are a few such distractions. Setting up the perfect backdrop to fix this issue or to amplify one’s productivity, lead to the conception of BHIVE Workspace.
Other websites like 91springboard, Investopad, Innov8 etc are also providing co-working spaces. Seating Hub is another player which aggregate selling and renting both. It helps startups that can not afford to invest in office spaces. Moreover, people who have extra office space can also list their space for rent.