GET https://rct.dev.bbntimes.com/financial/coworking-top-trends-that-will-shape-the-segment-in-2020

Response
200 OK
IP
3.144.251.23
Profiled on
Token
e12dbe

ArticleController :: show

Request

GET Parameters

None

POST Parameters

None

Uploaded Files

None

Request Attributes

Key Value
_controller 
"App\Controller\ArticleController::show"
_firewall_context 
"security.firewall.map.context.main"
_links 
Symfony\Component\WebLink\GenericLinkProvider {#3597
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      -attributes: [
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    3716 => Symfony\Component\WebLink\Link {#3716
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      -rel: [
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      -attributes: [
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      -rel: [
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      -attributes: [
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      ]
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    3714 => Symfony\Component\WebLink\Link {#3714
      -href: "/build/app.js"
      -rel: [
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      -attributes: [
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      -attributes: [
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    3712 => Symfony\Component\WebLink\Link {#3712
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      -rel: [
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      ]
      -attributes: [
        "as" => "script"
      ]
    }
    3711 => Symfony\Component\WebLink\Link {#3711
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      -rel: [
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      -attributes: [
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      ]
    }
    3710 => Symfony\Component\WebLink\Link {#3710
      -href: "/build/scroll-infinite-article.js"
      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3709 => Symfony\Component\WebLink\Link {#3709
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      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3708 => Symfony\Component\WebLink\Link {#3708
      -href: "/build/cookie-style.css"
      -rel: [
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      ]
      -attributes: [
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      ]
    }
    3707 => Symfony\Component\WebLink\Link {#3707
      -href: "/build/term-condition-css.css"
      -rel: [
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      -attributes: [
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    3706 => Symfony\Component\WebLink\Link {#3706
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      -attributes: [
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      ]
    }
    3705 => Symfony\Component\WebLink\Link {#3705
      -href: "/build/comment-css.css"
      -rel: [
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      -attributes: [
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      ]
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}
_route 
"article_show"
_route_params 
[
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]
_security_firewall_run 
"_security_main"
_stopwatch_token 
"b5a5da"
category 
"financial"
slug 
"coworking-top-trends-that-will-shape-the-segment-in-2020"

Request Headers

Header Value
accept 
"*/*"
accept-encoding 
"gzip, br, zstd, deflate"
connection 
"close"
cookie 
"PHPSESSID=knidkj6s84rbsookmnr53rjret"
host 
"rct.dev.bbntimes.com"
user-agent 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
x-php-ob-level 
"1"

Request Content

Request content not available (it was retrieved as a resource).

Response

Response Headers

Header Value
cache-control 
"no-cache, private"
content-type 
"text/html; charset=UTF-8"
date 
"Wed, 16 Apr 2025 07:02:39 GMT"
link 
"</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style""
x-debug-token 
"e12dbe"

Cookies

Request Cookies

Key Value
PHPSESSID 
"knidkj6s84rbsookmnr53rjret"

Response Cookies

No response cookies

Session 6

Session Metadata

Key Value
Created 
"Wed, 16 Apr 25 07:02:12 +0000"
Last used 
"Wed, 16 Apr 25 07:02:36 +0000"
Lifetime 
0

Session Attributes

Attribute Value
_csrf/https-comment 
"c_2SIYkIJqEQBiRl_RPHzZUEX4XFTdSOYCDsFUWCDoA"
_csrf/https-cookie_accept 
"ndwugl0nKHlkBPDAQwn-681BvXM5c_WWYAjmq49QclQ"

Session Usage

6 Usages
Stateless check enabled
Usage
Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:76
Show trace 
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:79
Show trace 
[
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:52
Show trace 
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:56
Show trace 
[
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    "line" => 181
    "function" => "show"
    "class" => "App\Controller\ArticleController"
    "type" => "->"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
    "line" => 76
    "function" => "handleRaw"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/Kernel.php"
    "line" => 197
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
    "type" => "->"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/runtime/Runner/Symfony/HttpKernelRunner.php"
    "line" => 35
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\Kernel"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    "line" => 29
    "function" => "run"
    "class" => "Symfony\Component\Runtime\Runner\Symfony\HttpKernelRunner"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
    "line" => 5
    "args" => [
      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
    "function" => "require_once"
  ]
]
Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-core/Authentication/Token/Storage/UsageTrackingTokenStorage.php"
    "line" => 41
    "function" => "getMetadataBag"
    "class" => "Symfony\Component\HttpFoundation\Session\Session"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/twig-bridge/AppVariable.php"
    "line" => 103
    "function" => "getToken"
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    "function" => "handle"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/twig/twig/src/TemplateWrapper.php"
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    "function" => "render"
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    "function" => "render"
    "class" => "Twig\Environment"
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    "line" => 453
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    "class" => "Symfony\Bundle\FrameworkBundle\Controller\AbstractController"
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    "line" => 253
    "function" => "doRender"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/src/Controller/ArticleController.php"
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    "function" => "render"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
    "line" => 181
    "function" => "show"
    "class" => "App\Controller\ArticleController"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
    "line" => 76
    "function" => "handleRaw"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/Kernel.php"
    "line" => 197
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
    "type" => "->"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/runtime/Runner/Symfony/HttpKernelRunner.php"
    "line" => 35
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\Kernel"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    "line" => 29
    "function" => "run"
    "class" => "Symfony\Component\Runtime\Runner\Symfony\HttpKernelRunner"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
    "line" => 5
    "args" => [
      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
    "function" => "require_once"
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]
Symfony\Component\Security\Http\Firewall\ContextListener:171
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-http/Firewall/ContextListener.php"
    "line" => 171
    "function" => "remove"
    "class" => "Symfony\Component\HttpFoundation\Session\Session"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/Debug/WrappedListener.php"
    "line" => 116
    "function" => "onKernelResponse"
    "class" => "Symfony\Component\Security\Http\Firewall\ContextListener"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/EventDispatcher.php"
    "line" => 220
    "function" => "__invoke"
    "class" => "Symfony\Component\EventDispatcher\Debug\WrappedListener"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/EventDispatcher.php"
    "line" => 56
    "function" => "callListeners"
    "class" => "Symfony\Component\EventDispatcher\EventDispatcher"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/event-dispatcher/Debug/TraceableEventDispatcher.php"
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    "function" => "dispatch"
    "class" => "Symfony\Component\EventDispatcher\EventDispatcher"
    "type" => "->"
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    "function" => "dispatch"
    "class" => "Symfony\Component\EventDispatcher\Debug\TraceableEventDispatcher"
    "type" => "->"
  ]
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
    "line" => 202
    "function" => "filterResponse"
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    "type" => "->"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
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]

Flashes

Flashes

No flash messages were created.

Server Parameters

Server Parameters

Defined in .env

Key Value
APP_ENV 
"dev"
APP_SECRET 
"0a988e63f011514eaabfc650b599af4d"
CORS_ALLOW_ORIGIN 
"*"
DATABASE_URL 
"mysql://bbndb_rctuser:33F5W25z40or0f7@localhost:3306/rct_bbntimes"
GOOGLE_RECAPTCHA_SECRET_KEY 
"6LdV5fgpAAAAANxzTG8ZMfIjil1wu-1vrQvnUt-x"
GOOGLE_RECAPTCHA_SITE_KEY 
"6LdV5fgpAAAAAENKcn73MJAhQrbtQeqgyC4wDLMP"
MAILER_DSN 
"smtp://no-reply%40rct.dev.bbntimes.com:Bl6%26gLD48%26Of919@rct.dev.bbntimes.com:465"
MARIADB_PASSWORD 
"i!87pK&!85ezc8"

Defined as regular env variables

Key Value
APP_DEBUG 
"1"
BASE 
"/public"
CONTEXT_DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
CONTEXT_PREFIX 
""
DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
FCGI_ROLE 
"RESPONDER"
GATEWAY_INTERFACE 
"CGI/1.1"
HTTPS 
"on"
HTTP_ACCEPT 
"*/*"
HTTP_ACCEPT_ENCODING 
"gzip, br, zstd, deflate"
HTTP_CONNECTION 
"close"
HTTP_COOKIE 
"PHPSESSID=knidkj6s84rbsookmnr53rjret"
HTTP_HOST 
"rct.dev.bbntimes.com"
HTTP_USER_AGENT 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
PATH 
"/usr/local/sbin:/usr/local/bin:/usr/sbin:/usr/bin:/sbin:/bin:/snap/bin"
PHP_SELF 
"/public/index.php"
PP_CUSTOM_PHP_CGI_INDEX 
"plesk-php81-fastcgi"
PP_CUSTOM_PHP_INI 
"/var/www/vhosts/system/rct.dev.bbntimes.com/etc/php.ini"
QUERY_STRING 
""
REDIRECT_BASE 
"/public"
REDIRECT_HTTPS 
"on"
REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_HTTPS 
"on"
REDIRECT_REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
REDIRECT_REDIRECT_SCRIPT_URL 
"/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
REDIRECT_REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_REDIRECT_STATUS 
"200"
REDIRECT_REDIRECT_UNIQUE_ID 
"Z_9WDmoKrZxLoz1OR4R0jwAAAJU"
REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
REDIRECT_SCRIPT_URL 
"/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_STATUS 
"200"
REDIRECT_UNIQUE_ID 
"Z_9WDmoKrZxLoz1OR4R0jwAAAJU"
REDIRECT_URL 
"/public/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
REMOTE_ADDR 
"3.144.251.23"
REMOTE_PORT 
"43314"
REQUEST_METHOD 
"GET"
REQUEST_SCHEME 
"https"
REQUEST_TIME 
1744786958
REQUEST_TIME_FLOAT 
1744786958.3981
REQUEST_URI 
"/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
SCRIPT_FILENAME 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
SCRIPT_NAME 
"/public/index.php"
SCRIPT_URI 
"https://rct.dev.bbntimes.com/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
SCRIPT_URL 
"/financial/coworking-top-trends-that-will-shape-the-segment-in-2020"
SERVER_ADDR 
"5.196.1.209"
SERVER_ADMIN 
"[no address given]"
SERVER_NAME 
"rct.dev.bbntimes.com"
SERVER_PORT 
"443"
SERVER_PROTOCOL 
"HTTP/1.1"
SERVER_SIGNATURE 
"<address>Apache Server at rct.dev.bbntimes.com Port 443</address>\n"
SERVER_SOFTWARE 
"Apache"
SSL_TLS_SNI 
"rct.dev.bbntimes.com"
SYMFONY_DOTENV_VARS 
"APP_ENV,APP_SECRET,DATABASE_URL,MARIADB_PASSWORD,CORS_ALLOW_ORIGIN,MAILER_DSN,GOOGLE_RECAPTCHA_SECRET_KEY,GOOGLE_RECAPTCHA_SITE_KEY"
UNIQUE_ID 
"Z_9WDmoKrZxLoz1OR4R0jwAAAJU"

Sub Requests 6

CookieController :: renderAnalysis (token = a5290e)

Key Value
_controller 
"App\Controller\CookieController::renderAnalysis"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"1e4da7"

AppController :: renderHeader (token = 6064d6)

Key Value
_controller 
"App\Controller\AppController::renderHeader"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"0a02ce"
slug 
"home"

ArticleController :: trendingArticle (token = 22d3ba)

Key Value
_controller 
"App\Controller\ArticleController::trendingArticle"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"83c6f7"
category 
"Finance"

ArticleController :: relatedArticles (token = f280ac)

Key Value
_controller 
"App\Controller\ArticleController::relatedArticles"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"7c88e6"
current_article 
App\Entity\Article {#1094
  -id: 5329
  -title: "Coworking – Top Trends That Will Shape the Segment in 2020"
  -slug: "coworking-top-trends-that-will-shape-the-segment-in-2020"
  -introtext: """
    <ul class="ul1">\r\n
    <li class="li2"><i></i><span class="s1" style="color: #000000;"><i>2018-end, total coworking supply was between 7 - 7.5&nbsp;mn&nbsp;sq. ft. area – and crossed 12&nbsp;mn&nbsp;sq. ft. by 2019-end</i></span></li>\r\n
    <li class="li2"><span style="color: #000000;"><i></i><span class="s1"><i>Top 7 coworking players alone have more than 350 centres across India – no. set to double or treble in next 2 years</i></span></span></li>\r\n
    <li class="li2"><span style="color: #000000;"><i></i><span class="s1"><i>PE funds and institutional investors will continue to back bigger players in 2020</i></span></span></li>\r\n
    <li class="li2"><span style="color: #000000;"><i></i><span class="s1"><i>Survival a challenge for smaller players; more mergers and acquisitions likely in 2020</i></span></span></li>\r\n
    <li class="li2"><span style="color: #000000;"><i></i><span class="s1"><i>Current lease-based structure not flexible &amp; cost efficient - 2020 is likely to see the rise of ownership model</i></span></span></li>\r\n
    </ul>\r\n
    """
  -content: """
    \r\n
    <p class="p3"><span class="s1" style="color: #000000;">More than just a passing trend and a seasonal favourite of millennials, the coworking segment continued to grow and established itself as a buzzing real estate segment in 2019. With hip working spaces high on technology, experience and sociability, coworking is no longer just the go-to option for new-age start-ups and entrepreneurs - it has now expanded its reach to mainstream corporates, as well. Even as major coworking players increased their footprint across the country, institutional funding kept the momentum going. 2019 also witnessed a growing wave of consolidation in the sector, in the form of mergers and acquisitions.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">Despite the WeWork debacle in US dominating headlines and raising questions about the future of the coworking business, the segment has emerged as a viable asset class for landlords and operators in India. The coworking market has grown by leaps and bounds and&nbsp;is a significant factor in the strategy for occupiers.&nbsp;<a href="http://ergonomictrends.com/coworking-space-statistics/" target="_blank" rel="noopener">New statistics</a> reveal that coworking in India specifically is poised to take off due to the country's large startup ecosystem.</span></p>\r\n
    <p class="p3"><span style="color: #000000;"><span class="s1">So, what’s in store for the coworking segment in India in 2020? Let’s do some crystal-ball gazing to identify the trends that will push this exciting real estate segment.</span><span class="s1"><i>&nbsp;</i></span></span></p>\r\n
    <h2 class="p3"><span class="s1" style="color: #000000;"><b>Millennials &amp; Start-ups to Drive Demand</b></span></h2>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">As we head into a brand-new decade,&nbsp;millennials are set to form 50% of the global workforce by 2020. This burgeoning and influential segment has been at the core of the coworking story in India and will continue to drive demand for such spaces in the country.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">India happens to be the world’s youngest start-up nation with &gt;70% founders less than 35 years of age. According to NASSCOM, the end of 2020 will see India have more than 10,500 start-ups, ranking third behind US and UK. As cities like Bengaluru, Gurugram, Pune and Hyderabad witness the rise of the entrepreneurial wave, the demand for coworking spaces is only set to grow in the coming years.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">As already mentioned, the segment is no longer driven solely by start-ups, millennials and SMEs – it now caters to mainstream corporates and large enterprises as well (global tech-giant Google leased office space with coworking operator&nbsp;Simpli&nbsp;Work in Gurugram to expand its operations). Even banks and telecom companies are keen on their teams to operate away from headquarters and closer to entrepreneurs.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">In 2020, more large companies will opt for flexible coworking spaces for their short-term expansion plans.&nbsp;Supply has been growing with demand – towards&nbsp;2018-end, the total supply of flexible workspaces was anywhere between 7 - 7.5&nbsp;mn&nbsp;sq. ft. area – and crossed 12&nbsp;mn&nbsp;sq. ft. by the end of 2019.</span></p>\r\n
    <h2 class="p3"><span class="s1" style="color: #000000;"><b>Large Players to Expand Footprint</b></span></h2>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">The Indian coworking segment is currently populated by players of varying size and scale.&nbsp;There are currently more than 200 players operating across the country.&nbsp;The&nbsp;top 7 players in this space alone have more than 350 centres across multiple cities in the country. These players include&nbsp;Cowrks, WeWork India,&nbsp;Awfis, Regus,&nbsp;Smartworks, 91springboard and&nbsp;OYO’s Workspaces.&nbsp;This number is likely to double or even treble in the next two years, given the rate at which these leading players&nbsp;actively leased spaces across major cities in 2019.</span></p>\r\n
    <p><img src="/images/Total_Centres_of_Major_Players.png" alt="Total Centres of Major Players" /></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;"><i>Source: ANAROCK Research</i></span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;"><i>(as on 2019-end)</i></span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">The coworking sector has also witnessed the entry of major realty players.&nbsp;Bengaluru-based developer Brigade Group ventured into the coworking segment with the launch of ‘BuzzWorks’. Hospitality player Roseate Hotels and Resorts has also forayed into this space by opening its first coworking centre at its hotel ‘Roseate House’ in Delhi’s Aero City.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">Even as US-based WeWork’s failed IPO raised doubts about the company’s future, WeWork India’s expansion remained on course.&nbsp;Owned by realty firm Embassy Group, the company has been mainly funded by Embassy so far and pays a management fee to the parent company. With 37 operational coworking centres, the company is currently present in Bengaluru, Mumbai, Gurugram, Pune, Noida and Hyderabad.</span></p>\r\n
    <h2 class="p3"><span class="s1" style="color: #000000;"><b>Institutional Funding Set to Grow</b></span></h2>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">Coworking spaces are fundamentally capital-intensive and revolve around multiple variables such as design, technology, and customer service.&nbsp;For a business that thrives on economies of scale, the backing of institutional capital can be the crucial differentiator. Institutional funding to the coworking space has gradually evolved and grown. While in 2017, most of the deals were driven by angel investors and only a few PE players, 2018 saw the maximum deals driven by large PE players and venture capitalists. This trend continued in 2019, which witnessed strong investor confidence in India’s co-working story with three major deals being inked:&nbsp;</span></p>\r\n
    <ul class="ul1">\r\n
    <li class="li2"><span class="s1" style="color: #000000;">PE firm<b>&nbsp;ChrysCapital</b>&nbsp;invested&nbsp;<b>USD 30 million</b>&nbsp;in leading player&nbsp;<b>Awfis</b>.</span></li>\r\n
    <li class="li2"><span class="s1" style="color: #000000;"><b>SmartOwner</b>, a real estate investment fund has put&nbsp;<b>in USD 4.28&nbsp;mn</b>&nbsp;in&nbsp;<b>Workspace</b>.</span></li>\r\n
    <li class="li2"><span class="s1" style="color: #000000;"><b>BlackRock</b>&nbsp;&amp;&nbsp;<b>CLSA Capital Partner</b>&nbsp;have invested&nbsp;<b>USD 53 million</b>&nbsp;in&nbsp;<b>GoWork</b>.</span></li>\r\n
    </ul>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">PE funds and institutional investors will continue to back bigger players in 2020, allowing them to scale up, expand and offer a standardised experience to customers at more economical prices.</span></p>\r\n
    <h2 class="p3"><span class="s1" style="color: #000000;"><b>More Consolidation Imminent</b></span></h2>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">Coworking spaces come in all sizes and variants (even a basement office with about a dozen seats technically qualifies as a coworking space) but not every coworking business is profitable. The success of the business model hinges on the operator’s capacity to scale up, and not every company may have the financial bandwidth or resources to do that.&nbsp;Survival in such a competitive environment will be a challenge for smaller players, and we will see more mergers and acquisitions in 2020.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">The consolidation wave had already begun<b>&nbsp;</b>in 2018, with major acquisitions like One&nbsp;Co.Work&nbsp;acquiring&nbsp;IShareSpace&nbsp;and&nbsp;AltF&nbsp;CoWorking&nbsp;acquiring Noida-based Daftar India. The trend continued in 2019 with&nbsp;Oyo taking over Innov8 for INR 220 Cr. In 2020, we will see smaller or city-specific operators merge with national players looking to enter or establish themselves in tier 2 &amp; 3 markets.</span></p>\r\n
    <h2 class="p3"><span class="s1" style="color: #000000;"><b>Challenges and Opportunities in 2020</b></span></h2>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">There’s no doubt that coworking creates an inventive and stimulating work environment, but it also comes with certain risks and conditions. Such a shared format may not be suitable for companies dealing with high volumes of confidential data. It is up to operators to take steps to minimise such risks and scale up cyber security within shared working spaces. The shared work culture also translates into loss of privacy - a major concern for several companies.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">To truly realise their potential and grow at a fast clip,&nbsp;coworking players must innovate and re-strategize their business models. The current lease-based structure does not offer much flexibility and cost efficiency. 2020 is likely to see the rise of ownership model developed in partnership with landowners, developers or the space providers. This arrangement will create built-to-suit spaces that are customised as per the tenant’s needs.</span></p>\r\n
    <p class="p3"><span class="s1" style="color: #000000;">There’s no doubt about the scope of coworking sector and its potential for growth in India, but it will take a few more years for co-working to become India’s most-preferred work ecosystem.</span></p>
    """
  -user: Proxies\__CG__\App\Entity\User {#1092 …}
  -createdAt: DateTime @1578056428 {#1145
    date: 2020-01-03 13:00:28.0 UTC (+00:00)
  }
  -updatedAt: DateTime @1581062777 {#1150
    date: 2020-02-07 08:06:17.0 UTC (+00:00)
  }
  -deletedAt: null
  -category: App\Entity\Category {#445 …}
  -status: "published"
  -imageCard: Proxies\__CG__\App\Entity\File {#1184 …}
  -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …}
  -featured: false
  -mainView: false
  -clicks: 4310
  -comments: Doctrine\ORM\PersistentCollection {#1125 …}
  -reviewed_at: DateTime @1578056428 {#1148
    date: 2020-01-03 13:00:28.0 UTC (+00:00)
  }
  -metakey: ""
  -metadesc: "More than just a passing trend and a seasonal favourite of millennials, the coworking segment continued to grow and established itself as a buzzing real estate segment in 2019. "
  -robots: null
  -publishedAt: DateTime @1578056428 {#1147
    date: 2020-01-03 13:00:28.0 UTC (+00:00)
  }
  -canonical: null
  -superTag: null
}

AppController :: renderFooter (token = fcce4b)

Key Value
_controller 
"App\Controller\AppController::renderFooter"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"dcaf29"

CookieController :: renderCookie (token = 5540e8)

Key Value
_controller 
"App\Controller\CookieController::renderCookie"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"c7df0b"