Delhi-based coworking space GoHive has raised 2.5 Crore in a pre-Series A round of funding from angel investors that will go towards its expansion plans.
The company hopes to double its current footprint to 5,000 seats within one year using the funding.
“The round has showcased investors’ confidence in our business strategy and our initiative to make spaces more accessible and suitable to different business needs, empower young companies, and enable deeper business inclusion in the ecosystem,” said Mishu Ahluwalia, GoHive’s CEO.
Currently, GoHive has seven locations in Delhi-NCR, with plans to expand in Bangalore and Mumbai in the next few months.