INSUBCONTINENT EXCLUSIVE:
buildings, takes a small office for its staff and then kits out the building with modular furniture a company can just move straight into
and call their own.Knotel has now completed a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of Kuwait
leading Japanese equity firm) also participated in the financing
Returning and previous Knotel investors include Norwest Venture Partners, Newmark Knight Frank, Bloomberg Beta and Rocket Internet.Knotel
flexibility of offices like they require AWS Cloud Service provision for their applications.In a statement, Amol Sarva, co-founder and CEO
passionately in our product, vision and ability to execute
Wafra will help us continue our rapid global expansion and solidify our position as the leader in a fast-growing, trillion-dollar flexible
focuses on providing private and fully furnished workspaces to large enterprises
The whole idea is to make it very simple: flexible workspaces; cheaper capital expenditures; operational flexibility.There is also a tech
People have been complaining about some of the aspects of that and some of the inefficiencies they have
Many individual cities are getting bigger than whole competitor companies in revenue
A product like Geometry, or modular furniture etc
That is all about making us grow faster with less capital
In less than four years, the company has raised a total of $560 million, and is now valued at more than $1 billion
Its London footprint now stands at 263,000 square feet across 63 locations
