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Delhi Based Creator’s Gurukul Raises Angel Funding
Creator’s Gurukul, backed by Indian cricketer Yuvraj Singh, has raised an undisclosed amount in an angel funding round from Rohit Nanda and others. Rajit Nanda, Chief Investment Officer at ACWA Power in Dubai, Smarak Bhuyan, an investor based out of California and Sashwat Brahma, a banker and environmentalist based out of Singapore also participated in this round.
Creator’s Gurukul is a Delhi based co working space provider, co founded by IIT Delhi alumnus Abhinav Tandon and Mohammed Sirajuddin in April 2017. The company gained the attention of cricketer Yuvraj Singh, who also invested an undisclosed amount in June and signed on to be the brand ambassador for the company. According to an official statement, these investors will also be advising Creators Gurukul’s management team in the matters of strategy and growth.
Renowned banker and equity investor, Rohit Nanda, speaking about the investment said the concept of co working spaces was invading the country with a very high pace. “It was almost an instantaneous decision to participate in Creator’s Gurukul recent funding, as soon as I was exposed to this opportunity, because of its unique business model, well balanced team, alliances and the vision,” he added.
The firm is set to launch their first co working facility in Gurugram with over 500 seats by next month. They also plan to launch two other centers in India by the end of the year and a total of 15,000 seats across the nation in the next 18 months. Speaking about the latest collaboration with the angel investors, serial entrepreneur and co founder Sirajuddin said the firm received a tremendous response because of their unique business model and the right set of collaborations. “This is quite overwhelming for us to see the eminent of the society are keen to partner with us. The latest investment received further strengthens our confidence and brings a larger strength to the venture,” he further added.
Industry veterans such as Taranjeet Sapra, Vikas Sharma, K. S. Sirish, Vineet Tyagi, Surya Prakash and Ram Atri are also part of the Creator’s Gurukul team.
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