91springboard raises Rs 45 crore in fresh funding

91springboard, a co-working space provider startup, has raised Rs 45 crore funding from its existing investors. 91springboard creates co-working communities for large enterprises, small and medium enterprises and startups.

"We plan to utilize the funding by offering new-age and customized solutions that will help all our members adapt to the new normal," said Anand Vemuri, CEO, 91Springboard. The startup claims that it is one of few co-working players that has been profitable on a company level.

Vermuri also said “We have reopened 14 of our 27 co-working spaces across India. These 14 office spaces are located in Delhi NCR, Gurgaon, Noida Bengaluru, Hyderabad, and Goa. The rest of the spaces will reopen soon based on government advisories and our own assessment of health and safety. We have received an encouraging response from our members with nearly 60% of members returning or committed to return soon,"

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