About BHIVE Workspace
BHIVE Workspace is a company based in Bengaluru (India) founded in 2014 by Prashant Reddy, Monnappa Muthappa Bayavanda, Avanthi Rao Paplikar, and Sheshagiri Rao Krishnakumar Paplikar.. BHIVE Workspace has raised $3.09 million across 7 funding rounds from investors including European Union, Alok Bajpai and Rajesh Mestha. The company has 158 employees as of July 09, 2024. BHIVE Workspace has completed 1 acquisition, including Praemineo. BHIVE Workspace offers products and services including Coworking Spaces, Managed Offices, and Day Passes. BHIVE Workspace operates in a competitive market with competitors including WeWork, IndiQube, DevX, 91Springboard and Cowrks, among others.
- Headquarter Bengaluru, India
- Employees 158 as on 09 Jul, 2024
- Founders Prashant Reddy, Monnappa Muthappa Bayavanda, Avanthi Rao Paplikar, Sheshagiri Rao Krishnakumar Paplikar
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tusker Workspace Private Limited
- Date of Incorporation 17 Dec, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$12.7 M (USD)0as on Mar 31, 2023
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Net Profit
$330.22 K (USD)0as on Mar 31, 2023
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EBITDA
$424.24 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$3.09 M (USD)
in 7 rounds
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Latest Funding Round
$233.55 K (USD), Angel Round
Jul 02, 2025
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Investors
European Union
& 62 more
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Employee Count
158
as on Jul 09, 2024
- Investments & Acquisitions
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Products & Services of BHIVE Workspace
BHIVE Workspace offers a comprehensive portfolio of products and services, including Coworking Spaces, Managed Offices, and Day Passes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers shared office environments for professionals and businesses.
Provides fully serviced offices with maintenance and amenities.
Allows short-term access to workspaces for individuals.
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Funding Insights of BHIVE Workspace
BHIVE Workspace has successfully raised a total of $3.09M across 7 strategic funding rounds. The most recent funding activity was a Angel Round round of $233.55 thousand completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Angel Round — $233,550
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First Round
First Round
(21 Mar 2015)
- Investors Count 63
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Angel Round - BHIVE Workspace | Valuation | Nagarjuna K | |
| Aug, 2021 | Amount | Grant - BHIVE Workspace | Valuation |
investors |
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| May, 2018 | Amount | Angel Round - BHIVE Workspace | Valuation | Alok Bajpai |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BHIVE Workspace
BHIVE Workspace has secured backing from 63 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include European Union, Alok Bajpai and Rajesh Mestha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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AB
Alok Bajpai |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BHIVE Workspace
BHIVE Workspace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Praemineo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Horizontal application development services are offered to multiple industries.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BHIVE Workspace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bhive Workspace Comparisons
Competitors of BHIVE Workspace
BHIVE Workspace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, IndiQube, DevX, 91Springboard and Cowrks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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| domain | founded_year | HQ Location |
Managed office spaces and coworking environments are provided for businesses.
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| domain | founded_year | HQ Location |
Operator of shared workspaces, private offices, and virtual office solutions
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| domain | founded_year | HQ Location |
Provider of flexible and customized coworking spaces
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bhive Workspace
Frequently Asked Questions about BHIVE Workspace
When was BHIVE Workspace founded?
BHIVE Workspace was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is BHIVE Workspace located?
BHIVE Workspace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of BHIVE Workspace?
Sheshagiri Rao Krishnakumar Paplikar is the current CEO of BHIVE Workspace. They have also founded this company.
Is BHIVE Workspace a funded company?
BHIVE Workspace is a funded company, having raised a total of $3.09M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $125.7K, raised on Mar 21, 2015.
How many employees does BHIVE Workspace have?
As of Jul 09, 2024, the latest employee count at BHIVE Workspace is 158.
What is the annual revenue of BHIVE Workspace?
Annual revenue of BHIVE Workspace is $12.7M as on Mar 31, 2023.
What does BHIVE Workspace do?
BHIVE Workspace was founded in 2014 in Bengaluru, India, as a provider in the flexible office sector. Fully equipped office environments are delivered, with cost savings achieved on furniture, equipment, and maintenance. Customized solutions are tailored to business needs, while services such as housekeeping, administrative support, and productivity-focused amenities are included. Operations focus on streamlining efficiency for various enterprises.
Who are the top competitors of BHIVE Workspace?
What products or services does BHIVE Workspace offer?
BHIVE Workspace offers Coworking Spaces, Managed Offices, and Day Passes.
How many acquisitions has BHIVE Workspace made?
BHIVE Workspace has made 1 acquisition, including Praemineo.
Who are BHIVE Workspace's investors?
BHIVE Workspace has 63 investors. Key investors include European Union, Alok Bajpai, Rajesh Mestha, Raghu Minsundram, and Hemal Shah.
What is BHIVE Workspace's valuation?
The valuation of BHIVE Workspace is $7.2M as of May 2018.
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