Bhive Workspace News Today

SALEM — Santa stopped by the Witch City early this year to raise money for those in need thanks to a local business woman’s mission to support her mother-in-law requiring

BHIVE Workspace expects to touch Rs 210-200 crore revenue and EBITDA of about Rs 25 crore in FY24. In the next five years, it wants to reach Rs 500 crore revenue.

The transaction comprises a composite structure involving both cash and equity. As part of this acquihire, BHIVE will absorb a 10-member team along with co-founders Rohit Parab and Gaurav Gandhi, who will support growth and business management at BHIVE Group,” the company said, without disclosing the deal value.

Flexible and managed office operators Bhive Workspace has leased 1.2 lakh sq ft of office space in the central business district...

“The co-working industry in India is at an inflection point with the rapid proliferation of such facilities across the industry and occupiers across sectors actively taking up spaces. The co-working space will offer nearly 3,500 seats and many offerings like food and beverages,” Shesh Paplikar, Founder and CEO of BHIVE Workspace, said.

Bengaluru-based co-working space provider BHIVE said Wednesday that it is winding up its maiden alternative investment fund, floated in May last year, after its fund manager ......