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 8 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
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- 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 8 rounds
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Latest Funding Round
$233.55 K (USD), Angel Round
Jul 02, 2025
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Investors
European Union
& 63 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.
Offers shared office environments for professionals and businesses.
Provides fully serviced offices with maintenance and amenities.
Allows short-term access to workspaces for individuals.
People of BHIVE Workspace
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Funding Insights of BHIVE Workspace
BHIVE Workspace has successfully raised a total of $3.09M across 8 strategic funding rounds. The most recent funding activity was a Angel 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.
Investors in BHIVE Workspace
BHIVE Workspace has secured backing from 64 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include European Union, Alok Bajpai and Rajesh Mestha.
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Seed and early-stage investments are made across sectors in India.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for BHIVE Workspace
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Investments & Acquisitions by BHIVE Workspace
BHIVE Workspace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Praemineo.
Investment portfolio details for BHIVE Workspace
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Horizontal application development services are offered to multiple industries.
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Complete acquisition details for BHIVE Workspace
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Financial Statements - BHIVE Workspace
Detailed financials for BHIVE Workspace
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Bhive Workspace Comparisons
Peer comparison for BHIVE Workspace
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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.
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Flexible office and coworking spaces are provided by WeWork globally.
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Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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Managed office spaces and coworking environments are provided for businesses.
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Operator of shared workspaces, private offices, and virtual office solutions
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Provider of flexible and customized coworking spaces
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Detailed competitors of BHIVE Workspace
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Latest news on Bhive Workspace
Complete news archive for BHIVE Workspace
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Frequently Asked Questions about BHIVE Workspace
BHIVE Workspace was founded in 2014 and raised its 1st funding round 1 year after it was founded.
BHIVE Workspace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sheshagiri Rao Krishnakumar Paplikar is the current CEO of BHIVE Workspace. They have also founded this company.
BHIVE Workspace is a funded company, having raised a total of $3.09M across 8 funding rounds to date.
As of Jul 09, 2024, the latest employee count at BHIVE Workspace is 158.
Annual revenue of BHIVE Workspace is $12.7M as on Mar 31, 2023.
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.
BHIVE Workspace offers Coworking Spaces, Managed Offices, and Day Passes.
BHIVE Workspace has made 1 acquisition, including Praemineo.
BHIVE Workspace has 64 investors. Key investors include European Union, Alok Bajpai, Rajesh Mestha, Raghu Minsundram, and Hemal Shah.
The valuation of BHIVE Workspace is $7.2M as of May 2018.