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Co-working space giant WeWork India today unveiled its 50th workspace in the national capital New Delhi.
According to the company, The new coworking space offers dynamic workspaces tailored to changing business needs, spanning over 54,000 sq. feet with ~700 desks.
The move comes after its parent WeWork warned about its potential bankruptcy, which later raised concerns about its India business. However, Its Indian subsidiary later clarified that company's India business will have no impact from the development of its parent comapny.
The newly built Eldeco Centre is located in close proximity to Malviya Nagar metro station, easily accessible, and offering state-of-the-art infrastructure and unmatched F&B experience, marking WeWork India’s entry into New Delhi.
As a notable business hub, the capital city experiences a robust demand for workspaces, indicating the rising need for flexible workspaces.
The launch of Eldeco Centre marks an important achievement in WeWork India's journey to transform the way people work and collaborate in the country. Building on the profitable growth momentum, Eldeco Centre offers expertly designed technology, flexible workspace solutions and community catering to the varied needs of enterprises and small businesses alike.
Karan Virwani, CEO, WeWork India said, “The launch of our 50th workspace marks a massive milestone for WeWork India and the impact we have made on the flex-space industry. When we opened our first building in 2017, we set out with an objective of revolutionising the way India works and over the course of these 50 workspaces, we have achieved that goal while being sustainable and profitable"
"The past few years have clearly highlighted that the future of work is flexible, and India Inc is increasingly adopting flex working as a way of life. This is a thriving time for the workspace industry with demand at an all time high, and it was the ideal time for us to enter New Delhi. As we grow, we will continue to provide the finest and most innovative workplaces to businesses of all sizes," Karan said.
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