Innov8 Secures Rs 110 Crore Funding at Rs 1,000 Crore Valuation

Innov8, a leading flexible space provider owned by Oyo, has successfully raised a significant funding of Rs 110 crore in its latest round. The funding was led by prominent family offices, including those of high-profile figures like Man (name to be completed for context), further elevating the startup’s stature in the competitive co-working space industry.

This substantial investment places Innov8 at a Rs 1,000 crore valuation, underscoring its strong position in the burgeoning flexible workspace market. As demand for co-working spaces continues to rise, driven by the growing gig economy and remote working trends, Innov8 is expanding its footprint in key Indian cities, providing businesses with modern and scalable office spaces.

With the support of major investors, Innov8 plans to further enhance its technology infrastructure, expand its network of locations, and refine its offerings to cater to evolving workspace needs. This funding round is expected to accelerate Innov8’s growth trajectory, strengthening its position as a leading player in the Indian flexible workspace sector.

The increasing demand for flexible workspaces has been driven by the rise of remote work and the need for businesses to adapt to new work models. Innov8, with its innovative approach to office space solutions, is poised to take full advantage of this trend, offering businesses the flexibility they need in a rapidly changing work environment.

Key Highlights:

• Innov8 raises Rs 110 crore at Rs 1,000 crore valuation
• Funding led by prominent family offices
• Focus on expanding flexible workspace offerings
• Innov8 aims to enhance technology infrastructure and expand its network