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Sequoia India bets big on co-working spaces; to invest $20 million on Awfis

Awfis has inked around 100 alliances with companies like Oyo, Paytm, Mega Cabs

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Malavika Velayanikal | Tech in Asia
There were just about a handful of co-working spaces in India when Awfis started two years ago. Now, there are about 140.
Awfis was founded by Amit Ramani, an architect with a masters in real estate and workplace strategy from Cornell University. He has been running architecture, design, and consulting services firm Nelson in India for the last nine years, and that gave him insights into the industry.
 
Awfis started in April 2015 by offering an 80-seater space in India’s capital city Delhi to small companies, entrepreneurs, and others looking for communal office space on short-term commitments. It now has 21