Draper Startup House launches Largest Co-Living Co-Working Space in Hyderabad
By siliconindia | Monday, 20 November 2023, 11:07 IST
Draper Startup House is excited to introduce its biggest co-living and co-working community hub in Hyderabad. This significant initiative marks a fresh chapter in communal living and working for global entrepreneurs, startups, and digital nomads.
Shri Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments - Telangana government along with Ajit Rangnekar, Director General, RICH, Mahankali Srinivas Rao, CEO, THub, Ramesh Loganathan, Professor, CoInnovation, Ramadevi Lanka, Director, Emerging Technologies, Deepanwita Chattopadhyay, Chairman and CEO, IKP Knowledge Park, Srinivas Kollipara, Group President, Startup Ventures at XELPMOC inaugurated the new co-living co-working community space at Gachibowli. Others in attendance included Vikram Bharati, Founder of Draper startup House, Karan Bahadur, Co-Founder of Draper Startup House, India along with the Hyderabad team Chaitanya Kokku, Director and Vinutha Rallapalli- Chief Community Officer, Draper Startup House – Hyderabad.250+ attendees including investors, mentors, startups, incubator heads were present for the launch.
Hyderabad's status as a hotspot for innovators and startups, boasting more than 8,000 startups and 75+ incubators, creates a thriving atmosphere conducive to innovation, entrepreneurship, and collaboration. The availability of incentives, tax benefits, and efficient regulatory structures actively attracts and supports the establishment and expansion of startups. With an impressive capacity of 108 beds, this groundbreaking space redefines the standards for co-living and co-working areas, establishing Draper Startup House as a frontrunner in the global entrepreneurial arena.
Vikram Bharati, the Founder of Draper Startup House, expressed enthusiasm about Hyderabad's burgeoning startup ecosystem, highlighting their excitement about establishing a presence in this dynamic city. He emphasized their goal of establishing a sanctuary where entrepreneurs can flourish, collaborate, and collectively drive global business innovation. The launch of this co-living and co-working space in Hyderabad is a significant stride in Draper Startup House's mission to empower entrepreneurs worldwide by cultivating innovation and fostering a sense of community. Esteemed institutions such as IIT-Hyderabad, IIIT-H, and ISB, alongside organizations like RICH, TASK, TSIC, and T-Works, contribute to a diverse talent pool and facilitate innovation through collaborations and knowledge sharing.
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