Awfis Space Solutions eyes 10,000 seats by YE’16

From ET Realty

MUMBAI: Awfis Space Solutions, a start-up aimed at providing plug-n-play community office spaces, is aiming to ramp up its capacity to 10,000 desks by December end. The company has 1,500 desks with its seven business centers across Mumbai, Delhi and Bengaluru.

“We are looking to expand in such a way that there would be an Awfis center within every 10-minutes’ drive… Across 7-8 cities, we will have presence with around 2 million sq ft of office spaces by December end,” said Amit Ramani, Founder and CEO, Awfis Space Solutions.

Ramani and banker Rana Kapoor’s entrepreneur daughter Radha Kapoor have so far invested $5 million in the venture that started in February 2015. Both have committed total $10 million for this venture.

Awfis has developed a tailor-made mobile application that enables users to find, review, book work spaces in its owned, managed centers, as well as in a large repository of listed third-party meeting rooms in hotels across Indian cities on real time basis.

The company caters to Small Medium Individual Local Entrepreneurs by offering affordable pricing starting from Rs 4,500 /flexi seat per month to Rs 13,000 / private cabin seat a month.

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