MUMBAI: As the covid-19 pandemic threatens to cripple their businesses for many months, co-working spaces in Karnataka have banded together to negotiate rents with landlords and tenants and lobby the government for relief.
About 50 co-working spaces, which together operate more than 200 properties in Bengaluru, have come together to form the Co-working Association of Karnataka (CAK), said Shesh Rao, co-founder and chief executive officer of Bhive (Tusker Workspace Pvt Ltd), one of the firms that is part of the association. “Co-working is one of the industries that has seen a very high impact from covid-19.
The reason is that a lot of our own customers, be it MSMEs (micro, small and medium enterprises) or startups, have themselves seen a