Venture X is planning to make an investment worth $ 2-3 million by 2023. Now, Venture X has two co-working spaces in Gurugram with a cumulative 1,200 seats spread across 45,000 sq. ft. in Sector 67. In sector 44 space is 16,500 sq. ft.

The company invested almost $5 million in the Indian market. Venture X, an affiliated brand of United Franchise Group (UFG) coworking division-Coworks, has entered the Indian co-working sector through a franchise-based model. Venture X plans to invest $2-3 million by 2023.

Anil Lakra, India Partner, Venture X shared “Post the pandemic, flexible office spaces are very much in demand and in times to come franchise-based models would be the right choice as they are better aligned towards revenue for all stakeholders. We have invested around USD 5 Million in the Indian market and plan to invest USD 2-3 Million by the year 2023.”

Rahul Kapur India Partner informed “We have the Master License for the India region. We have currently opened two locations and would grow to 8-10 across India by the end of 2023.” 

Venture X is planning to expand its team size all across India. The company has plans to spread foot in metro cities, Bengaluru, Hyderabad, Mumbai, Chandigarh, and Pune soon.

Follow and Connect with us: Twitter, Facebook, Linkedin, Instagram