With 20,000 square feet of space, coworking company India Accelerator debuts in Noida and plans to open six new centres by year's end
With an estimated expenditure of Rs 17 crore, the additional centres will be built in Ahmedabad, Pune, Hyderabad, Bangalore, Mumbai, and Gurgaon.
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On August 1, coworking company India Accelerator opened its first location in Noida, a 20,000 square foot facility with 250 seats.
For this centre, India Accelerator has contributed about Rs 2.75 crore. The business already operates four coworking spaces in Gurugram, and the centre in Noida is its fifth location. By the end of the year, the company hopes to have opened six new business centres across the nation, increasing its geographic reach.
The Noida facility has a combination of meeting rooms, open sitting, and private cabins.
India Accelerator's founding partner and COO, Abhay Chawla, stated that Noida is quickly becoming the country's top business location for tech startups and large corporations. We kept developing flexible workspaces to support expanding firms because of the region's acute need for coworking spaces.
The India Accelerator said that it will invest approximately Rs 17 crore to build new centres in Ahmedabad, Pune, Hyderabad, Bangalore, Mumbai, and Gurgaon. With collaborations in Dubai, Singapore, the United Kingdom, and the United States, India Accelerator also hopes to grow its worldwide network and support the startup ecosystem.
The business claimed that in the first four years since its founding, it saw a 25x growth rate, mentored more than 150 entrepreneurs, and valued its portfolio firms at more than $350 million.
