Coworking startup Stylework has secured Rs 4 crore in its pre-Series A funding round. The funding round saw investment from Inflection Point Ventures.
The platform aims to use the funds for expansion purpose. It is aiming to increase the capacity of seats from 150,000 to 400,000 in an year.
Sparsh Khandelwal, founder and chief executive officer at Stylework, said, “We work on asset-light models and don’t require large funds, as we don’t acquire assets. This timely infusion of cash will help us leverage the rise of the flexible and hybrid work model industry.”
“Stylework aims to unlock commercial coworking real estate by making it available in a flexible way. Such unique models are a result of the pandemic, which has forced a majority of the workforce to work from home,” said Vinay Bansal – founder of Inflection Point Ventures.
Stylework is a management consultancy in the field of commercial real estate with a pan-India presence.
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