About Innov8
Innov8 is a Real Estate & Construction company based in Delhi (India) founded in 2015 by Ritesh Malik, and was acquired by OYO in March 2019. It operates as an operator of shared office spaces providing workstations and associated business services. Innov8 has raised $18.79 million across 7 funding rounds from investors including OYO, IIFL Finance and Venture Catalysts. The company has 116 employees. Innov8 was last valued at $18.61 million in September 2018. Its chief executive is Ritesh Malik. Its website innov8.work draws about 23 thousand monthly visits. Its Indian entity Guerrilla Infra Solutions Private Limited reported revenue of ₹21.51 Cr. Innov8 offers products and services including Private Office, Dedicated Desks, and Hot Desks. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Founded in 2015, Innov8 operates in the coworking sector from Delhi, India. Flexible workspace solutions are offered, including hot desks, dedicated desks, and private offices for teams of varying sizes. Access to amenities is provided through memberships to support collaboration and productivity. Adaptable options are delivered to professionals and enterprises seeking shared office environments.
- Headquarters Delhi, India
- Employees 116
- Founders Ritesh Malik
- Stage Acquired
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Marketing and Advertising
- Email••••••••
- Phone•••• ••••
- Website innov8.work
- Social LinkedIn X Facebook Instagram
- Acquired by OYO (Mar 2019)
- Legal Name Innov8, Inc.
- Date of Incorporation 03 Jul, 2015
Associated legal entities of Innov8
Innov8 operates through Guerrilla Infra Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Guerrilla Infra Solutions Private Limited CIN U70200DL2015PTC282383 | Active | 03 Jul 2015 | Delhi, Delhi | ₹21.5 Cr | 92 | 4 | View details |
Products & Services of Innov8
Innov8 offers a comprehensive portfolio of products and services, including Private Office, Dedicated Desks, and Hot Desks.
Premium space for startups and corporates with exclusive amenities
Fixed desks for small teams to work collaboratively
Dynamic seats for professionals to connect and innovate
Funding Insights of Innov8
Innov8 has successfully raised a total of $18.79M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $12.74 million completed in January 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 $18.79M
- Total Rounds 7
- Last Round Series A — $12.74M
- First Round $120,000
(Jul 2016)
- Investors Count 105
All 7 funding rounds of Innov8 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $12.74M | Series A | – | – | |
| Sep 2018 | $4.04M | Seed | $18.61M | Credence Family Office | |
| Jul 2018 | – | Seed | – | – | |
| Apr 2017 | $1.9M | Seed | $20M | Girish Mathrubootham, Y Combinator | |
| Jan 2017 | – | Seed | – | Dheeraj Jain, Punit Singh Soni | – |
| Oct 2016 | – | Angel Round | – | Punit Singh Soni | – |
| Jul 2016 | $120,000 | Seed | – | Y Combinator | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $18.61M | •••••••• |
| Apr 2017 | $20M | •••••••• |
Last known valuation $18.61M (Sep 2018). 106 investors in total: 19 institutional and 87 angel.
Investors in Innov8
Innov8 has secured backing from 106 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include OYO, IIFL Finance and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | mankindpharmapromotersfamilyoffice.tcc.mode | - | |
Early-stage investments are targeted by the venture capital firm. | – | gaurikhanfamilytrust.tcc.mode | Mumbai, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital firm focused on early-stage companies | – | gauravsinghviventures.com | Surat, India | |
Early-stage investments in diverse sectors are targeted by the firm. | – | motivatedmindswealth.tcc.mode | Mumbai, India | |
Early-stage investments are made in AI-driven foundational industries. | – | augmentventures.com | Ann Arbor, United States | |
Venture capital and advisory services are offered globally with a focus on AI and various sectors. | 2008 | redcliffecapital.com | - | |
Rupa Group is engaged in real estate development across sectors. | 1994 | rupagroup.co.in | Mumbai, India | |
Multi Family Office | 2010 | credencefamilyoffice.com | Bengaluru, India |
Investor details for Innov8
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Guerrilla Infra Solutions Private Limited (Innov8)
Guerrilla Infra Solutions Private Limited is the primary company behind Innov8. The board of Guerrilla Infra Solutions Private Limited currently have 4 directors; the longest-serving is Rakesh Kumar, appointed in 2019. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Kumar DIN 03450221 | Director | 13 Jun 2019 | 7 yrs 4 mo | Guerrilla Infra Solutions Private Limited |
| Aditya Prakash Sharma DIN 09705955 | Director | 17 Aug 2022 | 4 yrs 2 mo | Guerrilla Infra Solutions Private Limited |
| Pankhuri Sakhuja DIN 10881949 | Additional Director | 23 Dec 2024 | 1 yr 9 mo | Guerrilla Infra Solutions Private Limited |
| Samanvay Rathore DIN 11383473 | Additional Director | 14 Nov 2025 | 11 mo | Guerrilla Infra Solutions Private Limited |
People of Innov8
15 people are tracked at Innov8 (6 in leadership, 9 in team); the tracked headcount is 116.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Dr Ritesh Malik | Founder & CEO | Leadership |
Dwaraknath Srinivasan | Business Head - South And Central | Leadership |
Avinash Shukla | Sales And Business Development - Head | Leadership |
Sandy Carter | Vp, Amazon Web Services | Leadership |
Rajan Anandan | Managing Director, Sequoia Capital | Leadership |
Dipesh Kamble | Area Sales Manager | Team |
Sheel Dwivedi | Founding Member | Team |
Saloni Badapanda | Senior Manager | Team |
Banty Kumar | Digital Marketing Associate | Team |
Nafis Sayyed | Cluster Operations Manager | Team |
Ashwani Pathania | Hub Manager | Team |
Simone Ray | Area Sales Manager | Team |
Wasim Ahmed Khan | Area Sales Manager | Team |
Vivek Mann | Growth Marketing Lead | Team |
Complete people profiles for Innov8
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Financials of Innov8
Figures of Guerrilla Infra Solutions Private Limited, the primary company behind Innov8, for FY 2023. Revenue was ₹21.51 Cr (-6% year on year). Net profit was ₹1.35 Cr (6% margin). EBITDA was ₹11.56 Cr (54% margin). Revenue has grown at a compounded annual rate of -23% over three years and +21% over five years.
- ₹21.51 CrRevenue · FY 2023 · -6% YoY
- ₹1.35 CrNet profit · 6% margin
- ₹11.56 CrEBITDA · 54% margin
- ₹20 LakhPaid-up capital
- 92Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Guerrilla Infra Solutions Private Limited are on its company page.
Detailed financial statements for Innov8
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Innov8
5 dated milestones of Innov8 across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Innov8 is founded.
- Funding First funding round of $120K.
- Milestone Reaches Minicorn status.
- Exit Acquired by OYO.
- Funding Latest funding round, Series A, of $12.7M.
Competitors of Innov8
Innov8 has 8 listed competitors in our database, 7 of them funded. They include WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| bhiveworkspace.com | 2014 | Bengaluru, India | $3.09M | 322 | Flexible workspace solutions, including coworking and managed offices, are offered. | |
| indiqube.com | 2015 | Bengaluru, India | $44.96M | 2,190 | Flexible workspace solutions are provided for enterprises, startups, and SMBs. | |
| devx.work | 2017 | Ahmedabad, India | $16.16M | 79 | Managed office spaces and coworking environments are provided for businesses. | |
| 91springboard.com | 2012 | Mumbai, India | $29.2M | 158 | Operator of shared workspaces, private offices, and virtual office solutions | |
| cowrks.com | 2015 | Bengaluru, India | – | 226 | Provider of flexible and customized coworking spaces | |
| isprout.in | 2016 | Hyderabad, India | $7.61M | 316 | Adaptable workspaces with amenities and collaborative features are offered. | |
| thecorporatedge.com | 2012 | Delhi, India | $12.5M | 62 | Operator of flexible workspaces, meeting rooms, virtual offices, and event spaces |
Detailed competitors of Innov8
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Innov8
The website of Innov8 (innov8.work) receives about 22.7K visits a month and ranks #1,046,570 among all websites worldwide, #4,671 in Marketing and Advertising.
- Monthly visits22.7K
▼ 16.7% vs previous month
- Unique visitors15K
per month
- Global rank#1,046,570
among all websites
- Category rank#4,671
Business and Consumer Services · Marketing and Advertising
- Bounce rate59%
- Pages per visit1.9
- Average visit1 min 09 sec
- DevicesDesktop 45% · Mobile 55%
Websites whose visitors overlap most with Innov8. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
avanta.co.in | avanta.co.in | 100% | – | #2,790,395 | – |
| springhouse.in | 90% | 3.9K | #4,806,066 | View details | |
| bootstart.in | 84% | 4.4K | #4,358,136 | View details | |
| cofynd.com | 83% | 160.6K | #325,176 | View details | |
| workafella.com | 76% | 17.6K | #1,615,498 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Innov8
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Top companies in Real Estate Technology Platforms
10 companies that operate in the same segment as Innov8 (Real Estate Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | – | – | |
Real estate properties are discovered via an online portal. | 2006 | Singapore, Singapore, Singapore | USD 689.51 M | USD 78.41 M | 2,613 | |
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M | – | – | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online listing platform for buying and selling residential and commercial properties | 2000 | Madrid, Madrid, Spain | USD 303.81 M | – | – | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
An online listing platform for residential and commercial properties | 2008 | London, England, United Kingdom | USD 10.67 M | USD 112.51 M | 456 | |
Rental properties are brokered online for seekers and owners. | 2012 | Sao Paulo, State of Sao Paulo, Brazil | USD 755 M | – | 5,932 | |
Residential properties are listed and brokered through an online platform. | 2004 | Seattle, Washington, United States | USD 166.06 M | USD 1.04 B | 5,659 |
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Related news about Innov8
Complete news archive for Innov8
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Frequently Asked Questions about Innov8
Innov8 was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Innov8 is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ritesh Malik is the current CEO of Innov8. They have also founded this company.
Innov8 is a funded company, having raised a total of $18.79M across 7 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jul 2016.
Innov8 has 116 employees.
The primary company behind Innov8, Guerrilla Infra Solutions Private Limited, reported revenue of ₹21.51 Cr for FY 2023, down 6% year on year.
Founded in 2015, Innov8 operates in the coworking sector from Delhi, India. Flexible workspace solutions are offered, including hot desks, dedicated desks, and private offices for teams of varying sizes. Access to amenities is provided through memberships to support collaboration and productivity. Adaptable options are delivered to professionals and enterprises seeking shared office environments.
Innov8 offers Private Office, Dedicated Desks, and Hot Desks.
Innov8 has 106 investors. Key investors include OYO, IIFL Finance, Venture Catalysts, LetsVenture, and Credence Family Office.
The valuation of Innov8 is $18.61M as of Sep 2018.
Innov8 operates through Guerrilla Infra Solutions Private Limited.