In The Loop: Coworking Bubble In India, Link, And An Industry Split Up

With coworking supply expected to grow in India, is there risk of a coworking bubble bursting?

Is there a Coworking Bubble in India?
India’s coworking market has been growing exponentially over the past few years. In fact, coworking take up in India tripled during 2018 alone. And although experts have predicted continues growth of the industry in India, a recent Forbes article warns although the industry has experienced growth, it “may have bitten off more than it can chew,” especially as the author believes that supply will exceed demand in the near future.

Common Desk Acquired Link Coworking
Common Desk, a Dallas-based coworking brand, acquired Link Coworking which has two Austin locations and a third one on the way. Link Coworking was one of the first coworking spaces to open in Austin back in 2010 and it was owned by Liz Elam, who’s also the Executive Director of the Global Coworking Unconference Conference (GCUC).

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Staples and Workbar Go Their Separate Ways
In 2017, Boston-based coworking operator Workbar, partnered with Staples to provide coworking space within select Staples stores around Boston. However, this week both companies announced that they are splitting up. According to reports, “Staples will introduce a new coworking concept, called Staples Studie, focused on the needs of small business customers.”

 

 

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