After closing their round of $500k with Unacademy, BHIVE Workspace have secured a funding of $1 Million from Blume Ventures. BHIVE Workspace is a workspace provider which, till date, has come to aid to over 150 ventures. Freelancers, corporates and small business, all have been helped by them, being provided a wide range of facilities, helping them go professional with proper work environment.
BHIVE Workspace currently has got almost 800 members and is active in 4 locations, covering nearly 50,000 sq. ft. Shesh Palikar, CEO and Co-Founder at BHIVE Workspace, said, “We have a diverse global team and we are running at 100% occupancy level, with a long waiting list. We will use the funding money for expansions both in Bangalore and in other major Indian cities before we venture beyond India. We will also use the money to attract top talent. We will also invest very strongly in technology, processes and brand building. We plan to have over 2 million square feet of office space under BHIVE management across 6 major Indian cities over the next 2 years.”