MyHQ gets $1.5 million in its Pre-Series A

The startup plans to utilise the funds to expand into new cities, introduce new product offerings and invest in tech infrastructure.

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The funding round also saw investments from Singapore-based family office RB Investments, Ashish Goenka from Suashish, angels from online platform LetsVenture and others.
BENGALURU: On-demand workspace provider myHQ has raised $1.5 million in its Pre-Series A round, led by India Quotient. The funding round also saw investments from Singapore-based family office RB Investments, Ashish Goenka from Suashish, angels from online platform LetsVenture and existing investors – Anupam Mittal and Nitish Mittersian.

The startup plans to utilise the funds to expand into new cities, introduce new product offerings and invest in tech infrastructure. Utkarsh Kawatra and Vinayak Agrawal founded the startup in 2016.

“Using existing excess realty available with third-parties not only reduces our financial risks, but also allows us to offer workspaces to our customers at an affordable price and focus on building tech,” said Kawatra.

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