Office sharing venture My Place to invest Rs 25 crore in North India

The office space leasing start-up plans to set up 12 co-working centres in the next 12 months

Office sharing startup, My Place Coworking will invest about Rs 25 crore to set up 12 co-working hubs across North India in the next 1 year. These coworking spaces will be set up in Lucknow, Indore, Amritsar, Ludhiana, Chandigarh and Gorakhpur and will collectively accommodate nearly 1,000 people.

The company recently launched its maiden 85-seat coworking office in Lucknow. A total of 4 coworking centres will be built in Lucknow which will have a total seating capacity of about 500 to cater the growing demand for shared office spaces by start-ups and even big companies who are looking to cut