# Qdesq Realtech Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qdesq-realtech-pvt

- Industry: Software
- Headquarters: New Delhi, India
- Website: www.qdesq.com
- Total disclosed funding: $0.4M
- Latest round: Series B (Oct 31, 2023)
- Investors on record: 1

## About

Qdesq Realtech Pvt Ltd, based in New Delhi, India, provides innovative workspace solutions such as coworking spaces, serviced offices, and virtual offices designed to meet the diverse needs of professionals and businesses.Founded in 2015, Qdesq Realtech Pvt Ltd specializes in workspace solutions, catering primarily to freelancers, startups, and larger corporations. The company has not undergone any significant strategic pivots or changes in operations. The founders, Lavesh Bhandari and Paras Arora, have backgrounds in entrepreneurship, which aids in the company's direction. In October 2023, the firm raised INR 35.01 million in Series B funding from Gruhas Proptech, bringing the total capital raised to INR 35.01 million. The company has engaged in 4 funding deals to date, with a current valuation of INR 487.695 mn.Qdesq specializes in providing a diverse range of workspace solutions, including coworking spaces, serviced offices, private offices, virtual offices, meeting rooms, and training rooms, catering to various end-users such as freelancers, startups, and large corporations. Their coworking spaces offer dedicated seats and cabins designed to foster collaboration in vibrant environments, while serviced offices provide fully equipped workspaces managed by facility firms, complete with reception and IT services. Private offices are tailored for individual teams seeking secure and personalized workspaces, and virtual offices enable organizations to establish a corporate presence and register for GST without needing a physical location. Meeting and training rooms are equipped with modern technology and adaptable layouts for business meetings, conferences, and corporate training sessions. Qdesq operates across multiple geographical markets in India, with an extensive network of over 4,900 centers spanning more than 100 cities.In the most recent fiscal year of 2021, Qdesq reported a revenue of INR 1,537,864.30 and an EBITDA of INR -369,289.30. The company's revenue model is centered on B2B transactions, with flexible pricing plans allowing clients to engage in direct subscriptions for coworking spaces and serviced offices tailored to their specific team sizes and operational needs. They also offer meeting and training room rentals as a key component of their revenue stream, enhancing their value proposition in the workspace market.Following the recent funding round in October 2023, Qdesq plans to utilize the raised INR 35.01 million to expand its business operations and develop its workforce further. The company is also strategizing to introduce new products aimed at enhancing their workspace solutions. As part of their growth strategy, Qdesq aims to expand into additional geographic regions, although specific new markets have yet to be confirmed.

## Funding rounds

- Series B, Oct 31, 2023, $0.4M — Gruhas Proptech

## Investors

- Gruhas Proptech (https://capitalatlas.ai/funds/gruhas-proptech) — Series B