Coworking Space Provider 91springboard has raised Rs 45 crore in a fresh round of funding from its existing investors.

Talking about the funding and how the company plans to utilize it, Anand Vemuri, CEO 91springboard, said,

“91springboard is one of few coworking players that has been profitable on a company level. We have secured funding of Rs 45 crore from our existing investors, and we plan to utilize it by offering new-age and customized solutions that will help all our members adapt to the new normal.”

To assist its members during the lockdown, the company launched two key initiatives, Startups vs COVID initiative and 91S Live.

Founded by Anand Vemuri, Deepak Sharma, Pranay Gupta, and Varun Chawla, 91springboard is a Goa-based coworking space provider.

91springboard also provides offers like strategic partnerships, registered office facilities, and access to a PAN India network for business opportunities.