myHQ, which is an on-demand workspace provider, has now secured $1.5 million in the funding round of Pre-Series A led by the India Quotient.
The funding round also saw the participation from the Singapore based family office RB Investments and some other existing and clutch of investors.
The startup, as of now, has plans to use the funds to expand into the new cities, introduce new product offerings, and invest in the tech infrastructure.
“Using existing excess real estate inventory available with third-parties not only reduces our financial risks but also allows us to offer workspaces to our customers at an extremely affordable price and focus on building technology to provide controlled work experience,” said Kawatra.
