The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with funding and ease of doing business, a critical factor in creating an enabling environment for entrepreneurial ventures, is an office that matches the start-up’s evolving requirements. Flexibility, convenience, technology and cost, have been the primary focal areas for start-ups, while looking at potential offices. Today, however, with a rise in the number of freelance professionals and small and medium enterprises, community and collaboration have become integral needs – and collaborative or co-working spaces, have become the new buzzword. The Mumbai Metropolitan Region (MMR) has fuelled a start-up boom over the last three to four years.
Read more: Moneycontrol.com
