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Innov8 expands to Delhi's Aerocity with a 9,500 sq. ft. coworking workspace

Synopsis

Innov8 has expanded its footprint in Delhi with the inauguration of its latest coworking space in Aerocity, featuring 9,500 square feet of workspace with 217 dedicated seats, state-of-the-art conference rooms, and meeting facilities. Strategically located near the Indira Gandhi International Airport and the Aerocity metro station, the center offers unparalleled accessibility for businesses. With a significant investment of INR 4 crore, Innov8 aims to set a new standard for coworking spaces in Delhi, catering to the needs of modern businesses while fostering a sense of community and collaboration. The launch of Innov8 Aerocity underscores the company's commitment to providing strategic locations, modern amenities, and fostering innovation and entrepreneurship in India's coworking space industry.

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Innov8, a name in India's growing coworking space industry, has touched down in the heart of Delhi's Aerocity with the grand opening of its newest centre. This state-of-the-art facility boasts over 9,500 square feet (883 sq. meters) of workspace, offering a total of 217 dedicated seats and well-equipped conference and meeting rooms, making it a prime destination for businesses seeking a dynamic and collaborative work environment.

Innov8 Aerocity's strategic location is a key differentiator. Situated just minutes away from the bustling Indira Gandhi International Airport (handling over 70 million passengers annually) and conveniently connected to the Aerocity metro station, the centre offers unbeatable accessibility for businesses on the go. Its proximity to Delhi's renowned hotels and the popular Worldmark complex, featuring over 100 restaurants and shops, further enhances the work experience. Additionally, the centre boasts easy accessibility from South and Central Delhi, as well as Gurgaon's Central Business District, a hub for multinational corporations and startups alike.

Innov8 has invested a significant INR 4 crore (USD 488,000) towards developing this new coworking space. Dr. Ritesh Malik, Founder of Innov8, expressed that they see Aerocity's central location and thriving business environment as a perfect fit for their expansion strategy across Delhi's key business districts and transit hubs. He mentioned that with Innov8 Aerocity, they have set a new standard for coworking spaces in Delhi. Dr. Malik stated that every aspect of this centre is meticulously designed to meet the evolving demands of modern businesses, fostering a sense of community and collaboration. He further highlighted the centre's appeal to prominent venture capital (VC) and private equity (PE) firms, recognizing the immense potential of the startups and businesses establishing their base at Innov8 Aerocity.

Innov8's focus on strategic locations, modern amenities, and affordability has fuelled their impressive growth trajectory. They currently operate seven centers in Delhi-NCR, all boasting excellent connectivity with the Delhi Metro and Transit Metro networks, serving over 1.5 million daily commuters. Their presence extends to Mumbai as well, with all centers conveniently located near metro stations, catering to startups, established corporates, and diverse businesses alike.

Founded in 2015 by Dr. Ritesh Malik, Innov8 has grown to encompass over 30 centers across nine cities in India, housing over 8,000 employees from renowned brands like Swiggy (a USD 5.7 billion online food ordering and delivery platform), IndusInd Bank (a leading private sector bank), Jio Saavn (a popular music streaming service), PhonePe (a digital payments platform with over 300 million users), and Tata Digital (the digital arm of the Tata Group, one of India's largest conglomerates). With the launch of Innov8 Aerocity, they continue to solidify their position as a leader in India's dynamic coworking space landscape, fostering a vibrant ecosystem for innovation and entrepreneurship to thrive.

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