NuVentures invests in workspace provider ClayWorks
Early-stage venture capital firm NuVentures has invested in Bengaluru-based workspace provider ClayWorks .Founded in 2017 by Rahul Singh and Abhijith Shashidhar, ClayWorks currently operates 16 centres, with over 13,500 seats and more than one million square feet of workspace in Bengaluru.The new funding will support ClayWorks' expansion of enterprise and global capability center-focused workspaces across the city.
For FY24, ClayWorks had reported about INR 23 Cr in Operating Income and about INR 2 Cr in Net Loss.
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