Co-working Player myHQ raises USD 1.5 Million From Investors Led By India Quotient
New Delhi: Co-working player myHQ has raised USD 1.5 million, or about Rs 11 crore from a clutch of investors including India Quotient. The money will be utilized to fund the expansion plan of the company, apart from bringing new product offerings and up gradation of their tech infrastructure.
"myHQ has raised USD 1.5 million in its pre-Series A round led by India Quotient. The round also saw investments from Singapore-based family office RB Investments, Ashish Goenka from Suashish, angels from the online platform LetsVenture and participation from existing investors (Anupam Mittal and Nitish Mittersian amongst others)," myHQ said in a statement.
myHQ has been started in 2016 by IIT graduates - Vinayak Agrawal and Utkarsh Kawatra. It offers co-working spaces at about 120 locations in Delhi-NCR at places like cafes, restaurants, offices and co-working centres that have excess spaces.