Flexible-office operator GoWork inks a 400 seat deal with TBO

gowork
GoWork plans to invest $1 billion in the rapidly developing co-working segment, launching at least 50 centres across the country with a focus on New Delhi, Noida, Mumbai and Bengaluru.
BENGALURU: Flexible-office operator GoWork signed a 400-seat agreement with TBO, a travel-focused tech firm, making it the single largest transaction in flexible space for office space in Delhi-NCR.

TBO Group chose GoWork to reduce costs that go into realty and technology while also getting a personalised workspace that facilitates the growth of the venture.

“We aim to retain our talent and an office like this will definitely keep our workforce enthusiastic without making them miss out on any of their lifestyle needs,” said Gaurav Bhatnagar, a cofounder of TBO Group.

The collaborative office operator also opened its largest centre spread over a 4.5 lakh sq ft campus in Udyog Vihar to cater to the growing demand of corporates and start-ups. The new campus can accommodate 7,000 seats. Additionally, it has another facility with a seating capacity of 5000 people and an area of 3.5 lakh sq ft in Gurugram. “We received a great response with our first co-working campus, and felt the time was right to establish another one and make the most of the co-working fever gripping the country,” said Sudeep Singh, co-founder and chief evangelist, GoWork.

GoWork plans to invest $1 billion in the rapidly developing co-working segment, launching at least 50 centres across the country with a focus on New Delhi, Noida, Mumbai and Bengaluru by the end of this year.

Flexible office space operators are gaining momentum in the Indian office space due to lower costs and flexibility.
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