Innovate Now
4 Helping others is your most valuable offering Case Study- Innov8 co-Working Dr. Ritesh Malik Start-ups are working in many fields. They are also creating opportunities by helping the government. The start-up ecosystem has evolved to a point where many start-ups are now helping the other setups stand on their feet. Be it helping them with accounts, HR or business development or providing them digital platforms. Most of these start-ups are run by people who did not have any business background and lack any knowledge apart from their innovation and idea. Many start-ups have emerged by offering them solutions. Innov8 Co-Working is one such example. Dr Ritesh Malik left his practice at Delhi’s Sir Gangaram Hospital to enter the business. He began by investing in start-ups through Guerilla Ventures and then established one of his own by solving a major problem faced by most start-ups. Finding and managing office space is one of the initial challenges for startups. It is not easy to deal with property dealers, make agreements, install furniture and look for support staff. Many youngsters start either from their homes or makeshift place. However, the lack of professional ambience affects productivity. Getting a corporate space without such hassles for Rs 8-10 k can be helpful in such a scenario. This is what Dr Ritesh offered through Innov8 Co-Working. It gave new start-ups a professional working space and also helped them witness how other start-ups function. The idea was an instant hit and he is currently handling 21 such working centres. PayTM’s
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