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HOW ARE CO-WORKING SPACES ADAPTING TO A POST-PANDEMIC SCENARIO?


Earlier than the pandemic upended life as we knew it, entrepreneur and freelancer tradition had picked up tremendously. Bored with working from their houses or paying exorbitant rents, these younger employees took to co-working areas like bees to honey. Within the span of simply a few years, co-working areas had sprung up across the nation and had been thriving. Then 2020 put a spanner within the works. Thankfully, after a number of waves and vaccinations, issues appear to be getting again to the best way they had been earlier than the pandemic. Co-working areas too are attracting numerous folks. In truth, even those that work for company corporations in giant designated workplaces, get pleasure from utilizing co-working areas, as some workplaces stay closed or comply with a hybrid technique of functioning.

Bengaluru-based IndiQube is one such co-working area that has tailored itself properly to a post-pandemic world and is prospering. “We understood that millennials and startups face challenges like volatility, high capex and long-term leases from traditional landlords. So, we addressed this problem and started our journey with IndiQube in 2015 as a flexible workspace provider, catering not just to budding entrepreneurs but also to enterprises,” shares co-founder Meghna Agarwal. Her entrepreneurial journey spans over 15 years and has been about difficult the established order, self-belief and beating the chances. Her curiosity in various sectors led her on a path of progress throughout the fields of producing, human sources, consulting, and industrial actual property. This publicity helped her create worth via the businesses she cofounded—UltraFine Minerals, HirePro and now IndiQube. She has an MBA in Finance from the Institute of Administration Expertise, Ghaziabad and a Firm Secretary diploma from the Institute of Firm Secretaries of India. She shares with satisfaction, “IndiQube today is one of the leading flexible workspace providers in the country with over four million sq. ft. of cumulative office space spread across sixty properties in eight cities. We cater to the office space requirements of over 500 clients. Our vision was to make IndiQube synonymous with office space. We are a one-stop solution for any workspace related requirement of our clients covering the entire gamut of space, design and build, operations, and management of workspaces.”

IndiQube has additionally tailored to the post-pandemic situation properly. Their MiQube app is geared toward enhancing worker expertise by enabling one-touch entry to ebook assembly rooms, attend worker occasions, order meals, ebook parking slots, avail airport transfers and extra. The MiQube member’s portal is a one-stop resolution for all workspace administration analytics pertaining to customer administration, parking and assembly room utilisation, energy consumption, bill monitoring, one-click helpdesk and extra. One other app of their repertoire is the ServiQube app that assures constant service supply by their discipline executives. The app permits paperless monitoring and execution of duties with simple to entry checklists, one-click add of activity pictures and real-time suggestions monitoring.

Over the following two years, IndiQube plans to succeed in over 1,20,000 seat capability. Additionally they see potential so as to add at the least 30,000 seats year-on-year. This progress shall be fuelled by deeper penetration in cities like Bengaluru, Pune, Chennai, Hyderabad, Noida and Mumbai, the place they have already got a big presence. “Over the next three years, we foresee 5X growth in our top line with a very healthy profit margin. We have successfully established ourselves as a leader in the market in most metros. We also look forward to expanding into Tier-II cities. In the long term, we plan to enter emerging economies outside India where we could replicate our country’s success story,” shares Agarwal.

She believes their group of over 350 staff performed a key position in overcoming hurdles up to now. They’ve created a tradition of fixed studying and the core group is carefully knit with the management group. Every of them evokes the opposite in difficult moments which makes it simpler to beat hurdles.

IndiQube’s six-year journey is kind of inspirational. From a single property in Bengaluru to turning into a pan-India participant, they’ve proved that co-working areas that promise flexibility and luxury are assured success. Even a world pandemic couldn’t cease this progress. These in search of co-working areas will certainly profit by checking their mannequin out.

The author pens life-style articles for numerous publications and her weblog www.nooranandchawla.com. She will be reached on nooranand@gmail.com.

The submit HOW ARE CO-WORKING SPACES ADAPTING TO A POST-PANDEMIC SCENARIO? appeared first on The Every day Guardian.



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