WeWork launches Growth Campus; to invest in Indian startups

Growth Campus will offer local startups access to WeWork spaces at highly subsidised rates. The initiative is available to the entire startup ecosystem, including members, accelerators, incubators, investors and enterprises.

Agencies
Bengaluru: Flexible workspaces operator WeWork launched Growth Campus, in line with WeWork Labs, and will invest $3 million in the Indian startup ecosystem.

Growth Campus will offer local startups access to WeWork spaces at highly subsidised rates. The initiative is available to the entire startup ecosystem, including members, accelerators, incubators, investors and enterprises.

“Through this effort, WeWork Labs aims to support the startup ecosystem in overcoming the challenges presented by the Covid-19 pandemic- by providing them with access to workspaces, resources and investment,” it said in a statement.


"We are happy to support the development of small businesses which will shape the future of entrepreneurship in the nation. WeWork Labs has always had the growth of the local startup ecosystem at the heart of its efforts and we hope that our expertise will provide startups with the network and resources to enable them to thrive, while facilitating prospects for cross collaboration,” Arvind Radhakrishnan, head of Labs, WeWork India said.

WeWork Labs is a platform for early-stage startups that takes an innovative and personalised approach to help entrepreneurs succeed. It serves as a growing ideation hub for forward-thinking organizations, partnering with local incubators, accelerators, and large enterprises to power future corporate innovation in both India and around the globe.

WeWork is India’s largest office space provider, aimed at creating flexible workspace solutions for companies of all sizes.
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