Mumbai gets its co-working space

Due to a phenomenal rise in the Indian startup ecosystem and the new entrepreneurial mindset of the youth, the demands for co-working spaces have gone sky-high. To meet this demand, Mumbai-based entrepreneur Waqar Azmi has recently launched MumbaiCoworking to fulfill the workspace needs of startups and SMEs.

“When I started up right out of college, there were no options for coworking and hence I had to work out of a small garage-like office. This meant I had to conduct meetings and interviews in coffee shops as I clearly couldn’t call them to my own office. These days a lot of youngsters are starting up early. They want to avoid the hassle of finding an office space, paying a broker, make long-term commitments, furnishing the place, etc and just focus on the business; especially when the team size is less than 10-15 people”, says Waqar Azmi, Founder, and CEO of Sutra Services Pvt. Ltd.

The shared office space provides a number of amenities like high-speed internet, daily cleaning services, and immediate tech support. They have fully furnished rooms with spacious desks and storage spaces that are ready-to-use. Additionally, MumbaiCoworking also has a fully stocked pantry with a refrigerator, microwave, toaster, and balconies with designated smoking areas in every room accessible by everyone.

Waqar further explains, “At MumbaiCoworking’s plug-n-play office, you can get started for as little as Rs. 5,000 per month within minutes without brokerage costs, long-term commitments or huge deposits. Another set of people that we’d like to serve are media professionals, CAs, lawyers, stock brokers, & freelancers working from home. Also, remote employees from companies having regional offices in Mumbai. Basically, getting a bunch of like-minded people to work, learn, and prosper together by providing a great work environment.”

Despite Mumbai’s soaring office rental prices, MumbaiCoworking has managed to keep their prices remarkably low without compromising on their offerings. Their budget-friendly prices start as low as Rs. 5,000 for a floating seat and go up to Rs. 7,000 for a fixed seat inclusive of access to meeting rooms.