About InstaOffice
InstaOffice is a company based in Gurugram (India) founded in 2015 by Devendra Agrawal and Vikas Lakhani. InstaOffice has raised $957.31 thousand across 5 funding rounds from investors including Globevestor, SQue Capital and Rahul Mukim. The company has 3 employees as of April 02, 2024. InstaOffice operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Gurugram, India
- Employees 3 as on 02 Apr, 2024
- Founders Devendra Agrawal, Vikas Lakhani
- Stage Minicorn
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Sectors
Real Estate & Construction
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Phone
Locked
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Website
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Social
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- Legal Name Instaoffice Business Solutions Private Limited
- Date of Incorporation 27 Oct, 2015
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$891.47 K (USD)44.03as on Mar 31, 2019
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Net Profit
-$359.18 K (USD)-4.12as on Mar 31, 2019
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EBITDA
-$328.35 K (USD)-0.6as on Mar 31, 2019
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Total Equity Funding
$957.31 K (USD)
in 5 rounds
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Latest Funding Round
$87.54 K (USD), Seed
Mar 31, 2019
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Investors
Globevestor
& 46 more
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Employee Count
3
as on Apr 02, 2024
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Funding Insights of InstaOffice
InstaOffice has successfully raised a total of $957.31K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $87.54 thousand completed in March 2019. 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 InstaOffice
InstaOffice has secured backing from 47 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Globevestor, SQue Capital and Rahul Mukim.
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Venture capital firm investing in seed & early stage tech
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Equity-based crowdfunding platform for startups
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Provider of real estate development services
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Investor details for InstaOffice
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Investments & Acquisitions by InstaOffice
Investment portfolio details for InstaOffice
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Financial Statements - InstaOffice
Detailed financials for InstaOffice
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Instaoffice Comparisons
Peer comparison for InstaOffice
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- Named peers
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Competitors of InstaOffice
InstaOffice 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, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Flexible office and coworking spaces are provided by WeWork globally.
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Flexible workspace solutions, including coworking and managed offices, are offered.
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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 InstaOffice
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Latest news on Instaoffice
Complete news archive for InstaOffice
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Frequently Asked Questions about InstaOffice
InstaOffice was founded in 2015 and raised its 1st funding round 1 year after it was founded.
InstaOffice is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
InstaOffice is a funded company, having raised a total of $957.31K across 5 funding rounds to date.
As of Apr 02, 2024, the latest employee count at InstaOffice is 3.
Annual revenue of InstaOffice is $891.47K as on Mar 31, 2019.
InstaOffice is a provider of managed co-working spaces. Provides internet, beverages, utilities, security and personal assistance and caters to all business needs from startups to established ones. Users can book office space for any duration without any lock-in period. Space owners can list their properties on the portal. Provides services like internet, beverages, utilities, security and personal assistance for customers. As of April 2016, present in Gurgaon, Hyderabad, and Jaipur. Plans to expand to Delhi, Bangalore, Mumbai and other cities in the future. As of Aug 2016 partnered with Startup Europe India Network (SEU-IN). As of Jan 2017, the company operates 6 properties (4 in Gurgaon and 2 in Bangalore). The existing properties are 4,000-6,000 sq. ft. in size and have about 60-100 seating capacity each. Claims that Dr Reddys, Amazon India, Staples and Yahoo are some of its clients.
InstaOffice has 47 investors. Key investors include Globevestor, SQue Capital, Rahul Mukim, Ajaykant R Ruia, and Sarita Dwarkadas Malpani.
The valuation of InstaOffice is $7.13M as of Mar 2019.