India Accelerator Opens Pune Co-working Space with $500K Investment to Fuel Startup Innovation

To support Pune's growing startup scenario, India Accelerator (IA), a multi-stage fund-led accelerator and coworking space provider, has opened a new coworking space there.

The top multi-stage fund-led accelerator and coworking space provider in India, India Accelerator, has just opened a huge coworking facility in Pune that is geared towards startup founders in the city after rapidly growing in Delhi/NCR. With the region's high demand for flexible and cooperative work settings, IA is continuing to grow with the opening of this new center.

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Finvolve is a multi-stage venture capital fund that has made significant investments in businesses at all stages through its numerous SEBI & GIFT City funds, so startups in that area can anticipate having their support. 

Elated with the expansion, Abhay Chawla of IA said, “We are delighted to expand our presence in Pune, which is emerging as a prominent hub for the startup ecosystem. In recent years, we have seen an uptick in the demand for vibrant and highly energetic workspaces and thus, we aim to provide the startups with the resources they need to thrive in an ever-evolving and fiercely competitive work environment.” 

IA is one of India's most coveted accelerators, and has created a highly organized investment thesis spanning the following areas: medicine, energy mobility and connectivity, robotics, unmanned and space (RUMS), impact labs, deep technology, artificial intelligence, and the circular economy. Additionally, its extensive network of more than 1800 mentors, academics, and professionals offers Pune-based businesses a favorable environment in which to seize expansion chances.

The new coworking space at the IA can accommodate over 500 people and serves small businesses, startups, freelancers, and large corporations. Its modern features, such as high-speed internet, fully furnished meeting rooms, breakout spaces, and brainstorming areas to encourage creativity and productivity, are combined with stylish interior design.

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