Co-working Startup GoHive Raises ₹ 2.5 Cr from Investors to Expand its Operations

Co-working startup GoHive has raised ₹ 2.5 crore from investors to expand its operations. It currently has seven co-working centres in the national capital region.

"GoHive has raised ₹ 25 million in a pre-Series A round from seasoned angel investors to fuel its growth and expansion plans," a company statement said.

With this funding, GoHive said it aims to double its current size and reach 5,000 seats within a year, with presence in NCR, Bengaluru and Mumbai.

"The round has showcased investors' confidence in our business strategy and our initiative to make spaces more accessible and suitable to different business needs, empower young companies, and enable deeper business inclusion in the ecosystem," said GoHive Founder & CEO Mishu Ahluwalia said.

Co-working segment is gaining momentum in the country because of huge demand of quality office space from startups, small and medium enterprises and large corporates, which prefer flexible workplace with minimum hassles.

Already, co-working segment's share in total office space leasing has reached 15-20 per cent.

In May this year, GoHive launched its biggest hub at Udyog Vihar, Gurugram

Co-Working Space Firm GoHive Launches its Biggest Hub in Gurugram's Udyog Vihar

GoHive, one of the fastest growing co-working spaces in India is launching its biggest hub at Udyog Vihar, Gurugram. With the launch of its seventh workspace, GoHive aims to offer collaborative work environment for start-ups, young enterprises and professionals.

Its newest co-working space is spread over an area of 50,000 sq. feet designed for over 800 coworkers to come together and collaborate. It has a mix of private cabins, open seating and meeting rooms; all equipped with high end technology, high speed internet and a rooftop cafeteria.

Commenting on the launch, Mishu Ahluwalia, Founder & CEO, GoHive said, “Udyog Vihar has been a node for people from Gurugram and Delhi alike. It offers the fast paced, efficient work culture of Gurugram with the soulfulness and maturity of Delhi and we have successfully captured that experience at our center. It’s our largest facility yet and comes equipped with everything that a young company needs from an office."



Going in theme currently with Mothers’ Day celebrations, GoHive is also hosting a panel discussion on “Mompreneurship – Opportunities and Challenges of starting up during motherhood” during the launch with names like Vidhu Goyal – Wonk, Latika Wadhwa – Mompreneurs, Neela - Gurgaon Moms as panelists. This is not the first time that GoHive has conducted such events; they do industry specific networking sessions to promote different startup communities. Big names like PeeSafe, Qandle, Wonk Apps & Nuvoretail are already a part of GoHive’s Udyog Vihar community.

Last month, GoHive launched its sixth coworking space at Global Foyer, Gurugram. With a space for 200 people and hosting the likes of Zoho, this centre aims to be a landmark address for companies looking for a well recognised, well branded office space. After its successful stint of 7 centres in Delhi NCR, with 2 more around the corner, GoHive is all set to expand its market in Bangalore and Mumbai by July 2019.

GoHive aspires to be one of the most preferred choices for collaborative workspace across India for start-ups and enterprises with strong community engagement and inspiring workspaces.

GoHive is a community co-working space focused on helping fast paced tech startups grow by giving them an ecosystem of ready resources to push off from. GoHive believes the best way to kick something off is wholeheartedly. Their philosophy is reflected in their spaces and their coworking models, all designed in an intuitive manner to lift the energy and the spirit of the community. The focus is on good quality, functional design, keeping effieciency, comfort, and privacy at the forefront, to support & enhance one’s coworking experience.

GoHive aims to create an ideal co-working space for members – where you feel welcomed, inspired, with no compromises on productivity.