India's burgeoning startup ecosystem has significantly influenced the office space landscape. As entrepreneurs and business startups embark on their ventures, they often seek to avoid the high risks and financial burdens associated with fixed assets. Their preference is to concentrate on their business objectives without being encumbered by such risks and expenses. In this context, coworking spaces play a crucial role. However, with the intense competition today, Grab Space is one such company that endeavours to strike a chord, providing premier coworking space solutions in the market.

Arman Khan, Founder & CEO of Grab Space says, “In my view, the primary advantage of co-working spaces lies in their ability to convert capital expenditures (CapEx) into operational expenditures (OpEx). Hence, as a co-working space, our primary objective is to advocate the notion that startups need not adhere to the conventional Capital Expenditure (CapEx) trajectory”.

The Comprehensive Solutions

Grab Space offers a diverse array of resources and operational services, allowing startups to direct their focus toward their objectives while they manage all essential assets and operational requirements. This approach is particularly advantageous for startups in India, facilitating their expansion without the encumbrance of investing in proprietary assets.

Provided with all working-focused amenities under one roof, professionals at Grab Space can focus on work without any worries. The bouquet of amenities includes fully equipped workspaces, including air-conditioned offices, security surveillance with CCTV cameras, and 24x7 security guard services. Access to the premises is controlled through biometric systems to ensure client safety.

The company also assists clients with customizable furniture to meet client’s specific needs, whether the requirement is for a team room, a director's cabin, or a conference space. Grab Space’s array of amenities is designed with members' productivity and convenience in mind. Businesses can benefit from high-speed internet, ergonomic seating, meeting rooms, and multiple seating options, alongside a supportive environment that ensures a seamless work experience. The company also offers enterprise solutions and managed office spaces tailored for larger companies that require privacy and scalability.

For entrepreneurs and small businesses, Grab Space provides everything from private cabins to open desks, ensuring a wide range of options to suit different working styles. Every Grab Space is designed mindfully, all to create a safe, uninterrupted work experience. Additionally, with its luxury services, Grab Space can accommodate clients at flexible budget levels. The company has also been backing freelancers and small entrepreneurs with its defined plans. Complimentary services include free hot beverages in the mornings and evenings, as well as regular house keeping to maintain a clean working environment. With reliable internet connectivity through Wi-Fi, leased lines, and LAN cables, Grab Space ensures your work runs smoothly and uninterrupted.

Every Grab Space is designed mindfully, all to create a safe, uninterrupted work experience

The Commitment to Growth & Innovation

Arman says, “I'm surrounded by 42 companies and people who are CEOs, entrepreneurs, or innovative thinkers. Getting suggestions from them expands my thinking abilities by 42 times and helps me increase revenue and identify new opportunities.”

Grab Space holds an innovative and wide-scope approach to growth, realizing the intense competition in the industry. Grab Space is open to business-related feedback and suggestions positively from clients and community members. They believe that advisory is the key to moving the business ahead. In its idealistic version, Grab Space, alongside Arman, envisions creating an environment so productive that more companies can easily set up across India, strengthening corporate culture and providing more opportunities to the youth!

Strive to Redefine & Empower Coworking

The company’s expansion strategy is driven by a bold vision of transforming the coworking culture across India. Arman Khan identified an opportunity in emerging markets where modern professional spaces are in demand. While metro cities are already booming, there is a lack of awareness in Tier-II and Tier-III cities. Hence, the goal is to make professional workspaces accessible in such locations, bridging the gap for growing businesses and entrepreneurs. Thereby, it is focused on making the environment more professional and innovative by creating awareness and establishing professional coworking spaces nationwide.

The Road Ahead

Arman says, “India’s fast-growing coworking chain is expanding across key cities. With Grab Space, our primary goal is to make coworking a known concept to all. We aspire to become the space for community leaders and makers of all kinds, and thus our aesthetic spaces are curated to maximize productivity and weave a community that strives to succeed”. Currently operating in Indore and Gwalior, Grab Space oversees a portfolio measuring 45,000 square feet. By the year 2025, the company intends to augment its portfolio by an additional 100,000 square feet. This growth will be achieved through the adoption of an asset-light model that ensures both scalability and sustainability, while simultaneously fostering vibrant, innovation-driven environments that empower each client to achieve their maximum potential.

Looking towards the future, Grab Space is committed to expanding its coworking spaces, placing particular emphasis on Tier-II and Tier-III cities in order to enhance awareness and accessibility. The organization has already established two attractive workspaces and plans to further develop its presence in Indore and Bhopal, Madhya Pradesh. Additionally, it is already in the process of launching managed office spaces in the Delhi NCR region. Its strategic expansion model specifically delineates that 60 percent of growth will be directed towards Tier-II and Tier-III cities, while 40 percent will focus on Tier-I cities. The organization believes that growth and awareness must proceed in tandem, with a primary objective of facilitating collaboration among businesses and emerging entrepreneurs within a productive environment.