• About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
Saturday, April 17, 2021
  • Login
India Bhasha
  • India
  • Business Bhasha
  • Tech Bhasha
  • Funding Alert
  • Trending
  • Lifestyle
  • IndiaBhasha हिन्दी
  • More
    • About Us
    • Terms And Conditions
    • Privacy Policy
    • Contact Us
No Result
View All Result
  • India
  • Business Bhasha
  • Tech Bhasha
  • Funding Alert
  • Trending
  • Lifestyle
  • IndiaBhasha हिन्दी
  • More
    • About Us
    • Terms And Conditions
    • Privacy Policy
    • Contact Us
No Result
View All Result
India Bhasha
No Result
View All Result
Home Business Bhasha

Pune Startup Friyey Turns Pubs And Nightclubs Into Co-Working Spaces By Day

Joshika Sachithanandan by Joshika Sachithanandan
April 1, 2021
in Business Bhasha
0
Friyey Space
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

READ ALSO

EdTech Startup Uable Raises $3.5 Million In Pre-Series A

FarmERP, An Agritech Firm Bags Second Place In The Asia AgriTech Challenge, Wins Cash Prize Of $2000

In 2016, Pune-based engineer, Yogesh Thore, had quit his job in order to find a niche to start a business.  After a couple of years of working odd jobs, he developed a company that sold discount coupons for about 100 restaurants. While striking a deal with one of these restaurants, the owner told him that they hardly received any customers in the daytime and that most of their business came from customers post 6-7 pm. This motivated Thore to come up with a solution to bring these sort of restaurants some kind of revenue during the day as well.

Yogesh Thore (Founder Of Friyey)
Yogesh Thore (Founder Of Friyey) | Instagram/Friyey_Coworking

That was how co-working space, Friyey, came into existence. Friyey provides spaces for young entrepreneurs and small startups with only a handful of employees to do their work remotely without having to go into an office. The company has worked with over 120 startups in Pune, charging only Rs.99 per day for an entire team to use a co-working space.

These spaces are the clubs and pubs that do not do much business during the day. They were chosen for their comfortable seating and lighting and need for pre-6 pm revenue.

For the fee paid, companies get Wi-Fi, water bottles, and often, complimentary tea and other drinks.  They also organize meetups for entrepreneurs and startup founders every weekend and have hosted over 5000 professionals in this capacity.

Friyey Coworking Space

Thore said that startups are the ones who will be solving the major problems in the world like poverty, traffic congestion, pollution, and whatnot, and facilitating this work by providing comfortable remote workplaces is a matter of importance to him.

He plans to make the service free in the long run, once the company expands to more cities around the country. In fact, the company is in talks with two pubs in Bangalore and is expected to start its operations there shortly.

While Friyey came into being in 2019, it picked up the pace a lot quicker once the covid-19 pandemic began in 2020. More and more companies were transitioning towards a remote workplace given the lockdown and safety guidelines, which increased the need for spaces like Friyey. Friyey is especially attractive for those who do not want to work at home or just do not have the right environment to do so.

In 2020, Friyey received financial backing from angel investor Tarun Bhalla, head of the Indian unit of Swiss agricultural company, Syngenta. The company which currently has spaces in Kalyani Nagar, Wakad, and Baner in Pune, plans to use these funds to extend their operations to more metropolitan cities and also expand their team which only has about 20 employees as of now.

See Also: Top 10 Startups In Pune 2020

Tags: Coworking SpacesFriyeyPune Startup

Related Posts

Uable Team
Business Bhasha

EdTech Startup Uable Raises $3.5 Million In Pre-Series A

April 2, 2021
Business Bhasha

FarmERP, An Agritech Firm Bags Second Place In The Asia AgriTech Challenge, Wins Cash Prize Of $2000

April 1, 2021
Paint Companies In India-min
Business Bhasha

Top 10 Paint Companies In India 2021

March 28, 2021
Business Bhasha

BLive, India’s first online EV marketplace raises $1 Million In Pre-Series A

March 22, 2021
Automobile Companies In India
Business Bhasha

Top 10 Automobile Companies In India 2021

March 18, 2021
STAGE Ott Platform Startup
Business Bhasha

Indore-Based OTT Platform Startup, STAGE Raises Rs 3.5 Crore In Angel Funding

March 15, 2021
Next Post
India Has Human Right Issues: US Report

"India Has Human Rights Issues, Restriction On Freedom Of Speech": US Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More From India

Double Mutant Coronavirus

What Is Double Mutant Variant Of Coronavirus? 10 Key Points

March 27, 2021
Arvind Kejriwal

What Is GNCTD Amendment Bill 2021 Passed By The Rajya Sabha? What Opposition Has To Say?

March 26, 2021

Centre Requests Delhi High Court To Stop WhatsApp Rolling Out Its New Privacy Policy

March 20, 2021
PEW Report On Indian Poverty

32 Million Indians Out Of Middle-Class Pushed Into Poverty During This Pandemic: PEW Report

March 20, 2021

Story Of Sachin Vaze: Summary Of Incidents From Mukesh Ambani Bomb Scare To Vaze’s Arrest

March 16, 2021

More From Business

Uable Team

EdTech Startup Uable Raises $3.5 Million In Pre-Series A

April 2, 2021
Friyey Space

Pune Startup Friyey Turns Pubs And Nightclubs Into Co-Working Spaces By Day

April 1, 2021

FarmERP, An Agritech Firm Bags Second Place In The Asia AgriTech Challenge, Wins Cash Prize Of $2000

April 1, 2021
Paint Companies In India-min

Top 10 Paint Companies In India 2021

March 28, 2021
ADVERTISEMENT

About

A neutral news-source that keeps you updated with top news headlines and in-depth stories analysis.

Follow us

How Delhi Health Infrastructure Is Gasping With Covid-19 Cases

April 16, 2021
Kumbh Mela 2021

Mahakumbh 2021: Police Using Artificial Intelligence Enabled Cameras To Detect Those Without Mask

April 12, 2021
PM Modi At West Bengal

West Bengal Polls 2021: Mamata Banerjee ‘Clean Bowled’ in Nandigram, Says PM Modi

April 12, 2021

How Delhi Health Infrastructure Is Gasping With Covid-19 Cases

Mahakumbh 2021: Police Using Artificial Intelligence Enabled Cameras To Detect Those Without Mask

West Bengal Polls 2021: Mamata Banerjee ‘Clean Bowled’ in Nandigram, Says PM Modi

Fourth Covid Wave In Delhi: Arvind Kejriwal Asks Centre To Lift Age Limit In Vaccination

Data Of Over 500 Million Facebook Users Compromised Yet Again

SC To Examine Whether Minors Can Be Punished Under POCSO Act For Consensual Relationships

  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

© 2021 IndiaBhasha - A Neutral News Platform.

No Result
View All Result
  • India
  • Business Bhasha
  • Tech Bhasha
  • Funding Alert
  • Trending
  • Lifestyle
  • IndiaBhasha हिन्दी
  • More
    • About Us
    • Terms And Conditions
    • Privacy Policy
    • Contact Us

© 2021 IndiaBhasha - A Neutral News Platform.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In