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Large firms break barrier to co-work, opt for shared spaces for projects

Dell, IBM, Microsoft and Spotify have started using co-working spaces globally

Romita Mazumdar & Ayan Pramanik  |  Mumbai | Bengaluru 

Large firms break barrier to co-work, opt for shared spaces for projects

At least two major providers have confirmed that large or enterprises are using their workstations. 
 
“A person from an Indian IT company comes from a different background than someone from Google and that is where such spaces provide scope for reinventing work culture,” said Abhinav Tandon, co-founder of Creator's Gurukul,  an upcoming chain of work spaces.

 
providers are offering initiatives such as expert talks on the future of e-retail to engage with workers. Like and BHive, Creator's Gurukul is planning a large number of events apart from professional services.
 
Dell, IBM, Microsoft and Spotify have started using globally. “All types of are embracing this way of working. This is a shift in the way people want to work and is one reason why large are looking at us as a solution,” said Karan Virwani, director, India.
 
“Forward thinking such as Microsoft, HSBC, Amazon and Facebook understand they cannot stay with the traditional office environment, employees need something more engaging,” Virwani added.
 
 “A is not just for start-ups but anyone who wants to work. We want to convert the conventional office user into a pro-worker,” said Amit Ramani, chief executive officer, Awfis Space Solution. Awfis accommodates Mattel Toys and Kimberly-Clark apart from start-ups like Olx, Zomato and Nearbuy.
 
Real estate company JLL reckons a 15-20 per cent savings when move their business to In 2016, 0.73 million sq ft was absorbed by the sector.
 
charges Rs 20,900 per month for a private office and and Rs 9,999 per month for a shared desk in Bengaluru. The rates are double in Mumbai.
 
Sharat Dhall, B2C COO of Yatra.com, said his company subscribed to a coworking space despite having a large office. “offer flexibility. You can have a small team working out of such spaces till your are ready to scale up,” he said.
 
“Global have a extra requirements like dedicated Internet, more security and access control. We assist them in getting their own resources if they wish to,” said Monappa Bayavanda, co-founder, has nearly half of its workspaces occupied by corporates.

First Published: Thu, June 22 2017. 17:56 IST
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