Innov8 is a lifestyle collaborative workspace brand, where you work with the leaders of tomorrow…you create the life you’ve always dreamt off.
Started in one of world's most expensive office market space – Connaught Place, Innov8 is the premium coworking space for entrepreneurs, professionals and startups looking for an organized space to operate.
Innov8 is the brainchild of young & visionary doctorpreneur Dr. Ritesh Malik who intends to make Delhi the hub of startup activities in India. At Innov8, he leads a highly creative, sharp and young team of professionals who collectively make a winning combination.
Commenced Dates
| Date Commenced Operations | 2000 |
| Date Commenced Franchising / Distribution | 2015 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
|---|---|---|---|
| Rs. 2 Cr. - 5 Cr | 32% |
Master/ Multi Units
| Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
| City Wise | Rs. 10000 - 50 K | NIL | NIL |
|
| State Wise | Rs. 10000 - 50 K | NIL | NIL |
|
| Region Wise | Rs. 10000 - 50 K | NIL | NIL |
Expansion Locations
| North | New Delhi, Haryana, Punjab,Uttar Pradesh, Uttaranchal |
| South | Kerala, Karnataka, Tamil Nadu |
| East | |
| West | Gujarat, Maharashtra |
| Center | |
| Union Territories | Chandigarh |
Franchise Details (Optional)
| Want to expand | Nationwide |
| Exclusive territorial rights to a unit | no |
| Performance guarantee to unit franchisee | No |
| Anticipated percentage return on investment | 30 |
| Likely pay back period of capital for a unit franchise | |
| Other investment requirements |
| Detailed operating manuals for franchisees | Yes |
| Where is franchisee training provided? | Delhi |
| Is field assistance available for franchisee? | Yes |
| Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
| What IT systems do you presently have that will be included in the franchise? | Yes |
| Type of property required for this franchise opportunity | Commercial |
| Floor area requirement | |
| Preferred location of unit franchised outlet | Commercial |
| Do you have a standard franchise agreement? | Yes |
| How long is the franchise term for? | 3 Year |
| Is the term renewable? | Yes |
Category : Business Services
Area Req :
Franchise Outlets : Less than 10
Investment: Rs. 2 Cr - Rs. 5 Cr