Spin-offs of joint workplace

Young firms are taking to co-working spaces that offer ready infrastructure and mentorship

Operating out of a co-working space is becoming the norm rather than an exception for India Inc., particularly start-ups and small businesses. A majority of the companies and individuals opt for shared workplaces for the benefits they offer in terms of access to cost-effective infrastructure, easy mobility and flexible work timings, ability to scale up and scale down head count, and access to diverse talent pool and mentorship. Interestingly, not only young companies but also some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. What are the key benefits