The Indian coworking marketplace StyleWork raises US$ 2 Millions

The India based Coworking marketplace StyleWork.city has raised US$ 2 millions in Series A1 funding round led by the Indian fund QI Ventures along with other investors.

According to the communication, the deal values the company at US$ 20 millions.

The startup is looking to record a Gross Merchandise Volume  of over US$ 35 million in the upcoming financial year.

The Gurgaon-based Stylework was founded by Sparsh Khandelwal in 2016.

It currently operates in more than 80 cities in India. Stylework, a B2B SAAS marketplace model, has more than 2500 partnered co-working spaces on its platforms across India and is in partnership with over 250 all-category coworking & managed office operator brands for the same.

More information : https://www.zeebiz.com/startups/news-this-coworking-saas-based-startup-gets-2-million-dollar-valued-at-20-million-dollar-229982