The Weekly Hive

NECTAR

Coworking in India is getting bigger and better

The coworking industry in India is continually growing with each passing year as the industry continues to climb new peaks. From having close to 20% of overall office space absorption in the country last year to the launch of India’s largest coworking space spread across two lakh square feet to an increasing number of global giants actively picking up large office spaces, the industry is having its dream run.

As the coworking ecosystem grows, the industry is graduating to the next level, offering enhanced spaces equipped with state-of-the-art amenities and allied services to meet the evolving requirements of occupiers. In order to house the growing number of clients, there has been a significant increase in the average space taken up by coworking operators across the country. What used to be in the range of 10,000 to 20,000 square feet, the average size of a coworking space today has gone up to 50,000, with some even touching one lakh square feet or more, a testament to the growing adoption of this concept by companies of all shapes and sizes.

This is in direct correlation with the increase in average seats taken up by occupiers across the board including small, medium, and large organizations, indicating growing occupier and investor interest in the sector. Having realized the benefits of low rentals, short-term leasing, no investment in fit-outs, and a host of enabling benefits available in a no-frills manner, companies across have been enhancing their exposure to the coworking industry. This is allowing them to seamlessly expand and consolidate their presence to suit the business requirements which was not possible in a traditional office arrangement.

THE BUZZ

Fashion supply chain startup Fashinza raises $30M

Fashinza , the fashion supply chain startup raised $30M?in working capital funding, led by Mars Growth Capital and LIQUiDITY .

Founded in 2020 by? Abhishek Sharma , Pawan Gupta ,?and? Jamil Ahmad ,?Fashinza's AI-driven business-to-business (B2B) marketplace connects small, medium, and micro enterprises to global fashion brands.

The startup has a 250+ factories roster that serves more than 200 brands in five countries, including the US, UK, and UAE. Their customers include Nykaa , Forever21, noon , FirstCry.com (BrainBees Solutions Ltd.) , The Souled Store , and BEWAKOOF? .

Story Courtesy: Indian Startup News

The Souled Store raises ?135 crores in funding

D2C lifestyle startup? The Souled Store ?has raised ?135 crore in a funding round led by? Xponentia Capital .

Elevation Capital ,? RPSG Capital Ventures , and an early-stage consumer fund from RP Sanjiv Goenka Group participated in the funding round.

The D2C brand will expand its offline stores to more than 100 across the country and invest in newer categories like kids' wear and sneakers, the cofounder Vedang Patel told ET.

The Souled Store is currently operating at an annualized revenue of more than ?450 crores and has raised ?85 crores to date.

Story Courtesy: The Economic Times

BUMBLEBEE

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BLOGOSPHERE

ROYAL JELLY

Prithvi Shetty , the founder of F360 Models talks about her journey from engineering to entrepreneurship.

WORKAPELLA

COMPOUND EYES

The Pale Blue Eye?is a 2022 American?mystery?thriller?written and directed by?Scott Cooper, adapted from the?2003 novel of the same name?by?Louis Bayard.?The film features?Christian Bale,?Harry Melling,?and Gillian Anderson, along with an ensemble cast and the period plot follows veteran detective Augustus Landor who is asked to investigate a series of murders at the?United States Military Academy. Landor, a widower, who used to live alone since his daughter Mattie ran off ensues on the mission to find the culprit.

After Fry (one of the three victims) was?hung, his heart was removed from his body. In the morgue, examining the corpse, Landor finds a small fragment of a note clutched tightly in Fry's hand. Also, marks on Fry's neck and fingers suggest that he did not hang himself, but was murdered. Landor enlists the help of?Edgar Allan Poe, the later poet who was yet another cadet at the academy then, having expressed an interest in the case. Poe and Landor start making some stunning deductions and the plot keeps thickening as they find new leads.

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