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<keyword id="3502552" type="UNKNOWN" weightage="20" keywordseo="Awfis">Awfis</keyword> Space Solutions Pvt. Ltd which is now South Asia’s largest network of collaborative co-working spaces, has received an investment of USD 20 million from <keyword id="563136" type="UNKNOWN" weightage="20" keywordseo="Sequoia-India">Sequoia India</keyword>, recently. The funds will be used to grow its network of centers, launch new and innovative products/services and further enhance the existing technology platform. It’s international competitor WeWork launches in the Indian market shortly, starting with <keyword id="6354321" type="CITY" weightage="20" keywordseo="Bengaluru">Bengaluru</keyword> and then expanding to Mumbai.<br /><br />Working towards achieving its target of having an Awfis centre within a 10 minutes driving radius in each of the key metros, the company plans to establish 100+ centres with 35,000+ seats across Mumbai, NCR, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune in the next 24 months. <br />

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Amit Ramani – Founder &amp; CEO, Awfis told Business Insider, “To expand at a rapid pace,we have embraced a joint venture model where 75% of our centers are managed by us but owned by others.We have 500 companies with us, currently ranging from India’s leading startups/MSMEs to Fortune 500 companies, forming the largest co-working community in India.”<br />The co-working has a lot of features like:<br /><br />• A network of over 7,500+ seats across 21 centers in 8 cities across India <br />• Strong demand from an eclectic community of entrepreneurs, SMEs, freelancers and business corporates who have helped create a thriving community of over 5,000+ Awfis members <br />• An average 90%+ occupancy across its established centers<br />• A unique, ‘Just-in-Time’ booking facility through its customized mobile app and website<br />

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Apart from its own proprietary centers, Awfis also has a unique, asset light ‘managed aggregation’ model - partnering with space owners who have unused commercial space and transforming them into suitable places to work for the Awfis community. <br /><br />The company has a successful shared economy business model that not just provides a network of ready to use work spaces across India, but also offers value driven services that can be booked ‘just-in-time’ through its website and mobile app. The Awfis Rewards program provides its members access to exclusive offers from 100+ renowned partners (including Amazon Web Services, Oyo Rooms, Hard Rock Café, SRL Diagnostics, etc) just by registering a seat. <br />

    <div type="embedgroup"> <div type="Article" hostid="261" msid="58532304" title="Flipkart announces the Big 10 Sale, which starts just after Amazon’s sale" rank="1.0" kind="RELATED" publishDate="May 05, 2017, 3:21 PM" mstype="2" mssubtype="0"></div></div> Their newest innovation is truly set to revolutionize mobility as they are even allowing their partner companies to work while travelling by remodeling car models like <keyword id="560486" type="UNKNOWN" weightage="20" keywordseo="Tata-Innova">Tata Innova</keyword> to allow people to work inside their cars, enabled by facilities like desk, printers and even a coffee machine. <br /><br /> That’s innovation at its Indian best!<br />

Awfis Remodeled Cars with Printers, Coffee Machines is the Kind of Workplace We Need

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Car makers on Saturday said they closed March logging growth in their sales volume as compared to the number of units sold during March 2016.<br />
<br /> Market leader <keyword id="6363602" type="COMPANY" weightage="20" keywordseo="Maruti-Suzuki-India-Ltd">Maruti Suzuki India Ltd</keyword> in a regulatory filing in BSE said it sold 139,763 units (domestic 127,999 units, exports 11,764 units) in March up from 129,343 units (domestic 118,895 units, exports 10,450 units) sold during March 2016.<br />
<br />
For the whole of last fiscal the company sold 15,68,603 units up from 14,29,248 units sold in 2015-16.<br />
<br /> On its part <keyword id="990272" type="COMPANY" weightage="20" keywordseo="Ford-India-Pvt-Ltd">Ford India Pvt Ltd</keyword> said it sold a total of 24,832 units in March up from 21,198 units sold in March 2016.<br />
<br /> The Japanese-Indian car making joint venture <keyword id="118748" type="CITY" weightage="20" keywordseo="Toyota-Kirloskar-Motor">Toyota Kirloskar Motor</keyword> sold 13,796 units in the domestic market and shipped out 636 units of the Etios series in March.<br />
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The company had sold 7,637 units in the domestic market and exported 1,370 units of the Etios series in March 2016.<br />
<br /> "With the end of this financial year, we are happy to announce that <keyword id="6374528" type="CITY" weightage="20" keywordseo="Toyota">Toyota</keyword> has registered a growth of 12 per cent when compared to the last financial year. This has been possible with the launch of our two new products, the <keyword id="3231108" type="UNKNOWN" weightage="20" keywordseo="Innova-Crysta">Innova Crysta</keyword> and the new Fortuner," N.Raja, Director and Senior Vice President - Sales &amp; Marketing, said.<br />
<br /> "This growth further reinforces the trust our customers have in Toyota products and we would like to thank our customers for this appreciation," <keyword id="6361882" type="PERSON" weightage="20" keywordseo="Raja">Raja</keyword> was quoted as saying in a statement issued here.<br />
<br /> <keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> passenger and commercial vehicle total sales (including exports) in March 2017 were at 57,145 vehicles, higher by 8% over 53,057 vehicles sold in March 2016. The company’s domestic sales of Tata commercial and passenger vehicles for March 2017 were at 51,309, higher by 10%, over 46,701 nos., in March 2016.<br />
<br />
Cumulative sales (including exports) of the company for the fiscal was at 542,561, higher by 6% over 511,705 vehicles, sold last year.

India’s car sales growth picked up, even after demonetization. The
sales log is the proof

Global automakers are eyeing <a href="http://www.businessinsider.in/searchresult.cms?query=indian+auto+market&amp;sortorder=effectivedate">Indian auto market</a> life never before. The country is becoming a hotspot for auto majors such as <a href="http://www.businessinsider.in/searchresult.cms?query=toyota&amp;sortorder=effectivedate">Toyota</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=hyundai&amp;sortorder=effectivedate">Hyundai</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=volkswagen&amp;sortorder=effectivedate">Volkswagen</a>, etc who want to increase their investments and operations in India.<br />
<br />
The interest of these global auto companies can be assessed as they are lining up to meet Indian <a href="http://www.businessinsider.in/searchresult.cms?query=prime+minister+narendra+modi&amp;sortorder=effectivedate">Prime Minister Narendra Modi.</a> Latest was when Toyota Motor president Akio Toyoda and <keyword id="111052" type="CITY" weightage="20" keywordseo="Suzuki-Motor">Suzuki Motor</keyword> chairman Osamu Suzuki met Modi.<br />
<br /> Even world's largest automotive group <keyword id="6361865" type="CITY" weightage="20" keywordseo="Volkswagen">Volkswagen</keyword> is exploring a partnership with India's largest automobile company by revenue, <keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword>.<br />
<br /> The likes of Kia, PSA, SAIC and others are also queuing up. <keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword> accounts for half the Indian market while Toyota's Innova and Fortuner head their respective segments.<br />
<br /> “India is critical for the Japanese parent with 50% of global sales coming from the country. So whatever technology it gets from Toyota will surely be deployed in India,” Maruti Suzuki chairman <keyword id="33298" type="COMPANY" weightage="20" keywordseo="RC-Bhargava">RC Bhargava</keyword> told ET, adding “Nobody wants to miss the opportunity and the size. They don't see the kind of potential growth in any other market like in India. It's just not the growth rate, but the base is also very high.”<br />
<br /> When Bernhard Maier took over as Skoda Auto's global CEO, he visited India soon after taking over. <keyword id="4581" type="CITY" weightage="20" keywordseo="general-motors">General Motors</keyword> CEO Mary Barra has visited twice in less than a year. Ford Motor executive chairman Bill Ford visited India last year to inaugurate the New Product Development Centre that will create the foundation for India products.<br />
<br /> <keyword id="596" type="CITY" weightage="100" keywordseo="Hyundai">Hyundai</keyword> Motor chairman Chung Mong-Koo is also expected to visit soon to announce the launch of the Kia brand in India. Carlos Ghosn, global CEO of the Renault-Nissan Alliance and a frequent visitor, told ET he has always been bullish on the Indian market.<br />
With the passenger vehicle market set to cross the 3 million mark by the end of 2017, India is seen as a future growth centre by all manufacturers.

India is becoming a hot auto market; Toyota, Volkswagen, Hyundai, etc are looking to zoom operations

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Awfis Remodeled Cars with Printers, Coffee Machines is the Kind of Workplace We Need

Tanya Dubey

India’s car sales growth picked up, even after demonetization. The sales log is the proof

BI India Bureau

India is becoming a hot auto market; Toyota, Volkswagen, Hyundai, etc are looking to zoom operations

BI India Bureau

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