An idea, little space, a Wi-Fi surely, and coffee, what else is needed to cook a thought. All these under the same roof is available at Wired Hub, Jaipur. This co-working space company has reached a robust growth state as it raised an undisclosed amount in seed round funding. Led by angel investors including Ankit Maheshwari (Chartered Accountant) and Anand Singh, a seasoned Angel Investor and mentor for startups.
Both of them will play the role of advisory for Business Development and expansion of Wired Hub, where Ankit will joining the board too.
Hub – In a Nutshell
The company was launched on February 1 by Himanshi Goyal. Wired Hub is first of its kind co-working platform in Rajasthan, which offers an innovative environment for freelancers, entrepreneurs, and workaholics. The firm provides mentoring, collaboration, and a passionate space to create valuable stuff. People are allowed to use it as a primary or secondary office area.
Currently having ten members in the team, the company occupies a 1000 square feet area. Wired Hub has organized many workshops, mentorship sessions, and pitching contests. It takes minimum 2500 INR for membership.
Wired Hub founding team also includes Pawas Jain and Deepanshu Khandelwal, co-founders of Blue Box Media. They along with Himanshi made an early investment in the startup. In support of online presence and growth of Wired Hub, Pawas has acquired Startify in his personal capacity.
Himanshi shares that the new funding will be used to increase the office area up to 2200 square feet covering two floors. Also, they are planning for further expansion of the company in more cities. She adds that by offering the best experience, they want startups and individuals to have a smooth journey. Their diverse expert team includes Pawas as Finance and marketing expert, Ankit as Business Development and Finance Expert, Finance and Legal expert Naman Shrimal, and more.
The Bottom Line
Before this, a similar platform BHIVE- a Bangalore-based plug ‘n’ play workplace had raised $1 million in seed funding. With such startups growing at an excellent pace there seems a significant number of opportunities for the co-working space domain.