Hyderabad: Are you an
entrepreneur in making? Are you struggling to find an office to commence your
operations within your limited budget? Are you desperately looking for an
incubator to act as your friend, philosopher and guide? Then, here is an
organization which acts as one-stop solution for all the above issues.
Co-Lab-Orate is an organization set
up by three youngsters namely Vinay Peddinti, Anurag Parepally, and Raghuveer
Kovvuru, from Hyderabad with an amount of just three lakhs in September, 2015.
They did not spend even single penny on advertisement but, attracted clients
successfully with the help of social media and mouth talk. Week-end workshops
conducted by the organization on various topics further accelerated the
popularity of the organization. Of late, it emerged as ‘C/O’ for different budding
entrepreneurs.
The organization acts as an
incubation centre for budding entrepreneurs. By charging nominal monthly fee
from them, it provides them basic infrastructure to set-up their organization
and allows them to concentrate on their core operations. It helps budding
entrepreneurs to connect with fellow entrepreneurs, venture capitalists, seed investors
and angel investors. They provide lounge, pantry, conference rooms, free Wi-Fi,
coffee, and online dashboards. It helps
budding entrepreneurs to overcome sluggishness of home based freelancing work.
Though co-working is an
established concept in USA, it has entered India recently. Here, 55
professional carry on their work on 24X7X365 basis. They include not only IT
professionals but also, CAs, advocates, and architects. As resources are shared
by a group of budding entrepreneurs, their average spending on basic
infrastructure comes down drastically and can thus enjoy economies of sharing
common platform. Moreover, it is not just sharing physical space but,
encourages exchange of different ideas and skills. As start-ups are mushrooming
everywhere and every industry, they have plans to expand their operations to
smaller cities too, without diluting basics of their idea.
Written by: S.Chandrashekara Reddy
CSR News Services
http://csrnewsservices.weebly.com/
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