Hyd Needs More Co-Working Spaces, Says Sridhar Babu
Inaugurates Well Work’s 400-seater co-working space in the city
Telangana IT Minister D Sridhar Babu inaugurating the new co-working facility in Hyderabad on Monday
Hyderabad: Well Work, a co-working centre, was inaugurated by the Information Technology minister for Government of Telangana, Duddila Sridhar Babu, in Hyderabad on Monday.
Set up by entrepreneur Girish Malpani, this is the second facility in the city, following an existing centre at Gachibowli. Built with an investment of Rs 6 crore, this 400-seater plug-and-play facility has come up at MP Grand Complex in Ameerpet.
After inaugurating the centre, the Minister said that Hyderabad, as a hub for startups, needs more entrepreneurs to establish plug-and-play co-working desks. He emphasised that by setting up such facilities across various parts of the city will not only support startups, but also contribute towards easing traffic congestion, to an extent.
The founder of Well Work, Malpani said that he aims to help startups minimise operational costs and launch their ventures with lower initial investments by launching such centres across the city.
