An average stock in a posh Bangalore locality pays a rent of about Rs.30 lac a month while other major metro cities like Delhi and Mumbai demand a commercial rent of cool Rs.6000/sq.ft. and Rs.8000/sq.ft.respectively. Skyrocketing commercial space rents are one of the major reasons for cash burn that results in the failure of startup ventures. However, co-working spaces today are helping enterprises cut back on heavy property investment and banking on this plug and Play’ opportunity where they are providing startups, freelancers and even established MNCs with fully equipped and economic spaces for their business functioning. Established in the thriving area of South Delhi, Green Park Metro Area, Empowerers Co-working Office is treading on similar lines by providing a creative launchpad for people to spend their time executing ideas. Founded in 2016 with just 70 seats with Private cabins, Empowerers expanded drastically in four months and opened another workspace for 85 seats more with Coworking Open seats.
Going Beyond the Conventions
Bringing in their collaborative
experience of 15 years, co-founders Rahul Krishna(experience in Global Talent Acquisitions & Recruitments)and Deepak Bharadwaj (experience in travel and hospitality industry) started this initiative with the thought to make an ideal workspace that would expose the users to various avenues of an enterprise functioning, help them understand the nuances of running a business and understand their venture's true worth. Assisting them in lead generation and offering expertise in business modelling, valuation and cumulative financial modelling, Empowerers seeks to make things easier for the entrepreneurs by catering all the strategic mentorship under one roof. "For Billing Solutions, we plan to provide an in house accountant on call to help business and its tax indemnification," states Rahul. The Empowerer's value-added services of meetups and networking events help attain a lot of collaborations and valuable insights about their respective industry from veteran players. "We are the official partners of the Founder’s Conclave (to be held in July 2017)and will be representing Delhi. The event would be decorated with teams of angels and investors who will be giving their valuable insights," informs Rahul.
The modern and open interior designs help the entrepreneurs imbibe positive vibes for better productivity while the expansive co-library helps people upgrade their skills by reading
The Empowerers clients enjoy special amenities like metro connectivity, collaborative Co-working for innovative and fresh business approach, high-speed internet, power backup, conference/ meeting room, virtual office and in house IT/HR/admin support. The modern and open interior designs help the entrepreneurs imbibe positive vibes for better productivity while the expansive co-library helps people upgrade their skills by reading. Despite all these amenities, it's not unusual for people to undergo distractions like phone calls from their fellow workers and many more. To mitigate this, the co-working office usually imparts training regarding the dos and don'ts of the space. Many of the clients are first time entrepreneurs and building the right team is a hurdle that they often face. "We help to hire fresh talent pool in their business. Of course, teams have their own way of hiring; however, we assist in their scalability," states Rahul.
Having catered to organizations like Kraft Direct, Mobiweb and many more, this bootstrapped company highly prioritizes its client's work culture and ensures respect for privacy, cleanliness & hygiene and being approachable at the workplace. With future plans to organize mock pitching sessions, Empowerers envisions being recognized as one of the premier co-working spaces in the industry and expanding further, helping more startups find their voice in the market.
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