India-based Co-working startup Inspire Co-spaces raises US$ 4M

India-based co-working and flexible office space provider, Inspire Co-Spaces, raised US$ 4 million in seed funding on 29 January 2021 from angel investor Ashish Chandna. The funds will be utilised to support the startup’s expansion and future plans. The startup’s focus at present is on its pan-India expansion plan for 2021. It will be exploring international markets in 2022.

About Inspire Co-Spaces

Inspire Co-spaces provides a space for small businesses, startups, freelancers, conducting interviews and business meetings, organizing events and workshops. Inspire Co Spaces are located in the prime location of Andheri, Goregaon, Thane, and Belapur in Mumbai. The convenient locations of the workplaces provide workers access to hospitals, secure connectivity to transport, entertainment spots and signature restaurants.

Inspire co-space is for both personal or professional purposes. It is a tech-based workspace as 99 per cent space is contact-free hand wash, urinal, light electricity as it is motion-based, voice command, or sensor-based. Like in offices employees have to send a mail to H.R. or call multiple times to get their issues solved, in Inspires co-spaces, there is no need to interact. Employees can simply get their problems solved on their own with the help of an app. The startup is now set to step up its business with the latest seed funding.

“I believe Inspire Co-Spaces’ model will completely disrupt the way occupiers look at office space in the future,” said angel investor Ashish Chandna. Inspire Co-space will receive mentoring and investment to acquire 10,000 seats across India by the end of 2021.

“Ashish has several Investments in various startups and has a high ratio of converting a startup into a full-grown business. We at Inspire are elated to have him as our angel investor and on the board of directors,” said Amit Sathe, co-founder and CEO of Inspire Co-Spaces.

About the Co-founders

1. Amit Sathe – Founder and Director

Mr. Amit Sathe is an MBA Professional and the co-founder of Inspire Co-Spaces. He has worked across Asia, Africa, and Europe. He previously worked in various segments such as Architecture, Design, Infrastructure, and Real estate. He was also designated as the Vice President of Kanakia and Phoenix Market City in Mumbai.

2. Nisshith Agarrwal – Founder & Director

Mr. Nisshith Agarrwal is the co-founder and Director of Inspire Co-spaces. He has more than 20 years of expertise in sales operations and marketing. He is a professional in business development and branding. He has experience in various business segments like Sales and Operations, Business Development and Client Relationship Management.

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