PE-VC Fund Investments
Co-working space provider Innov8 raises funding from Raymond Family Office, others
New Delhi-based, Oyo-backed co-working space Innov8 has raised funding led by Raymond Family Office along with others at a valuation of INR 1,000 crore. Innov8 sold 3% stake, of which Raymond Family Office acquired nearly 2%.Founded in 2015 by Ritesh Malik, Innov8 offers premium co-working space across Delhi NCR, Gurugram, Noida, Mumbai, Pune, Chennai, Bangalore, Ahmedabad, and Hyderabad.
In March 2019, OYO Hotels and Homes had acquired co-working space company Innov8 for INR 150-200 Cr. Between Jun 2017 and Jan 2025, Innov8 had attracted about USD 18 M from Augment Ventures, Credence Family Office, Y Combinator Continuity Fund, J&A Partners and others
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