Qdesq, an India well-known workspace aggregator has secured seed funding from a group of investors led by Dheeraj Jain of Redcliffe Capital. The raised amount has not been revealed.
Founded in 2015 by Paras Arora and Lavesh Bhandari, the startup Qdesk aggregates ready-to-move-in office spaces at standardized prices. It’s inventory consists of own branded and managed workspaces and verified third-party listings. It claims all its properties are located at prime locations with WiFi access and flexible terms and tenure for a fixed price.
Arora said, “Qdesq.com is an opportunity to the workspace providers including corporate offices, business centres, hotels, co-working spaces to monetize their unused workspace inventory of workstations, meeting rooms, cabins and private offices.
With the new funds, Qdesq plans to strengthen its core team, upgrading technology and expansion to newer cities in the next six months. It has around 23 live properties in Delhi and Gurgaon and works to include 100 more properties in the next six months and expand to at least six cities that includes Bengaluru, Hyderabad and Mumbai. Arora added, “Qdesq aim is to revolutionize office occupancy experience by ensuring affordability, flexibility, predictability and geographical spread so that you can work wherever you want on your terms, hassle free.”
Other investors who participated in the round are Jagdish Kumar (former regional director – APAC, DuPont), Bharat Gupta, Ankush Saigal and Praveen Saini.
Coworkable is one of the earliest players in the office sharing space in India. Other players operating in the space are 91Springboard, Social Offline, BHiVE, Regus and Cobalt. And of course, there are many accelerators and incubators that offer co-sharing space for startup they mentor.