FirstUp, Chhattisgarh's premier coworking space, boasting 250+ operational seats with an impressive 70% occupancy, has recently concluded its seed funding round, raising INR 2 crores at a valuation of INR 20 crores. The investment comes from a group of angel investors affiliated with the India Angel Fund.
Karan Daga's entrepreneurial journey began at the CHESS Startup event at Rungta College Bhilai, where he proactively engaged Rahul Narvekar, a keynote speaker. This interaction paved the way for Daga to connect with key angel investors in Delhi, receiving invaluable mentorship that culminated in securing this pivotal investment.
A visionary first-generation entrepreneur, Karan Daga initiated FirstUp earlier this year, commencing operations from a modest 2000 Sq Ft center in Civil Lines. Presently, FirstUp stands tall with 250+ seats adjacent to the Governor House, on the verge of expanding into a fully-fledged establishment accommodating over 750 seats.
With a robust service portfolio encompassing managed offices and flexible workspaces, FirstUp caters to the needs of enterprises, small businesses, and individuals alike. Daga's expansion plans include establishing additional centers in Raipur and venturing into other regions within the state and beyond.
Post-COVID, India's coworking landscape has experienced a resurgence, with a particular surge witnessed in the rapidly growing Tier-2 and Tier-3 cities. Embracing this trend, Daga aims to forge partnerships with real estate entities to fuel future growth while actively seeking talent to bolster community-building endeavors and strategic alliances.
FirstUp, helmed by the dynamic first-generation entrepreneur Karan Daga, stands as the epitome of innovation in Chhattisgarh's coworking sphere. Nestled in Civil Lines, adjacent to the Governor House, the company's expansion into a comprehensive workspace symbolizes its commitment to meeting the escalating demand for collaborative spaces and fostering a vibrant coworking community.
