When was Innov8 founded?

Innov8 was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Innov8 located?

Innov8 is headquartered in Delhi, India.

Who is the current CEO of Innov8?

Ritesh Malik and Shailesh Gupta s of Innov8. Ritesh Malik has also founded 2 companies and is angel investors in 44 startups, including Plaksha University and thinkpot.me.

Which legal entities is Innov8 associated with?

Innov8 is associated with GUERRILLA INFRA SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Innov8 have?

As of Mar 31, 2026, the latest employee count at Innov8 is 151.

Is Innov8 a funded company?

Innov8 is a funded company, having raised a total of $17.5M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 09, 2016.

How much is Innov8 worth?

The last known valuation of Innov8 was $***** as of Jan 28, 2025.

When was the latest funding round of Innov8?

Innov8's latest funding was a $***** Series A round on Jan 28, 2025, with participation from 2 investors.

What is the annual revenue of Innov8?

Annual revenue of Innov8 is less than ₹10 Cr as on Mar 31, 2025

Where does Innov8 rank among its competitors?

Innov8 ranks 23rd amongst 1920 active competitors, of which 106 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Convene, which secured $230M in Mar, 2026.

Who are the top competitors of Innov8?

Innov8's top competitors include Smartworks, Convene and WeWork. Among them, Convene secured the most recent funding round in March, 2026.

Innov8 - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Innov8 an acquired company?

Innov8 got acquired by OYO on Mar 15, 2019.

Company Details

Chains providing shared office spaces with flexible terms and amenities. The company delivers various workspace options, including hot desks, dedicated desks, and private offices. Memberships offer access to meeting rooms, internet, and other resources. It aims to provide adaptable and professional environments for diverse business needs.

Website: www.innov8.work/
Social
Email ID: *****@innov8.work
Phone Number: +91 **********
Part Of

Key Metrics

Founded Year

2015

Location

Delhi, India

Stage

Acquired

Total Funding

$17.5M in 7 rounds

Latest Funding Round

Series A, Jan 28, 2025, $*****

Last Known Valuation

$***** as on Jan 28, 2025

Investors

Punit Singh Soni & 62 more

Ranked

23^rd among 1920 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

151 as on Mar 31, 2026

Investment & Acquisitions

DataMesh

Similar Companies

Smartworks & 2314 more

Exit Details

Acquired by OYO (Mar 15, 2019)

View Innov8's full profile

Innov8 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GUERRILLA INFRA SOLUTIONS PRIVATE LIMITED CIN: U70200DL2015PTC282383 , India, Active	Jul 03, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	10 (As on Dec 31, 2019)
INNOV8 INC CIN: 061196174 , United States, Active	Jan 30, 1997	-	64 (As on Dec 31, 2023)	-

Innov8 got acquired by OYO on Mar 15, 2019 at an acquisition amount of $*****.

Click here to take a look at Innov8's acquisition in detail

Innov8 has raised a total funding of $17.5M over 7 rounds. Its first funding round was on Jul 09, 2016. Its latest funding round was a Series A round on Jan 28, 2025 for $*****. 2 investors participated in its latest round. Innov8 has 17 institutional investors and 46 angel investors.

Here is the list of recent funding rounds of Innov8:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2025	3618073	Series A	4607383	5736790	7265095	4725361
Sep 12, 2018	3519263	Series A	5291547	1291042	6050994	LetsVenture & 23 more
Jul 2018	4385030	Seed	7199821	2583917	7312998	CreedCap Asia Advisors

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View details of Innov8's funding rounds and investors

The founders of Innov8 are Shailesh Gupta, Ritesh Malik, Sumit Ranka, Sumit Ranka and Shailesh Gupta. Ritesh Malik is the CEO of Innov8.

Here are the details of Innov8's key team members:

Shailesh Gupta: Former Co-Founder of Innov8 and founder of 2 other companies, Mintzone and YoloBus. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Ritesh Malik: Co-Founder & CEO of Innov8 and founder of 9 other companies, including Plaksha University, thinkpot.me and Project Guerrilla. They are also an angel investor in 44 startups and serve on the boards of 2 companies.
Contact Info: 1 phone number
Sumit Ranka: Co Founder of Innov8 and founder of 1 other company.
Sumit Ranka: Former Co-Founder of Innov8.
Contact Info: 2 phone numbers
Shailesh Gupta: Co-Founder & CEO of Innov8 and founder of 6 other companies, including Shailesh Gupta - Founder / CEO, Ecozen Solutions and Mintzone.

Innov8's Board of Directors

Innov8's board has 5 active members. Ritesh Malik is part of team and Rakesh . Kumar, Pankhuri Sakhuja, Anurag Pareek and Aditya Prakash Sharma are independent board members.

Here is the list of Innov8's board of directors:

Name	Type	Representing	Status	Duration
Ritesh Malik	Team	-	Current	11y 1m
cbqdolo	Team	-	Past	7y 5m
Rakesh . Kumar	Independent board member	-	Current	7y 1m
qbrojgo	Independent board member	-	Current	5y 7m
hm{iior	Independent board member	-	Current	9y 8m
zweafov	Independent board member	-	Past	6y 3m
hmgyudz	Independent board member	-	Past	2y 3m

View details of Innov8's Founder profiles and Board Members

Innov8's employee count trend

Innov8 has 151 employees as of Mar 26. Here is Innov8's employee count trend over the years:

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Top competitors of Innov8 include Smartworks, Convene and WeWork. Here is the list of Top 10 competitors of Innov8, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Smartworks 2015, Gurugram (India), Public	Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces	$70M	Mansoul Commercial, Anshu Gupta Exempt Children Trust ... & 80 others	80/100
2nd	Convene 2009, New York City (United States), Acquired	Hospitality-led venue network offering meeting, event, and flexible workspace solutions	$266M	ArrowMark Partners, Brookfield Asset Management ... & 21 others	77/100
3rd	WeWork 2010, New York City (United States), Acquired	Provider of flexible workspace solutions, including coworking spaces and private offices	$12.8B	SoftBank Group, T. Rowe Price & 35 others	76/100
4th	Industrious 2013, New York City (United States), Acquired	Operator of flexible workspaces offering private offices and coworking solutions	$334M	Riverwood Capital, CPP Investments & 16 others	76/100
5th	IndiQube 2015, Bengaluru (India), Public	Provider of a flexible workspace solutions for businesses	$45M	WestBridge Capital, Aravali Investment Holdings ... & 3 others	74/100
6th	91Springboard 2012, Mumbai (India), Series B	Operator of shared workspaces, private offices, and virtual office solutions	$29.2M	BTL, Daim International & 52 others	72/100
7th	JustCo 2011, Singapore (Singapore), Public	Provider of managed co-working spaces for freelancers, startups, and small & large companies	$86M	Sansiri, Daito Trust & 5 others	72/100
8th	Bhive 2014, Bengaluru (India), Seed	Chains providing coworking and managed office spaces with flexible options	$3.09M	Blume Venture, Oliphans Capital & 68 others	70/100
9th	Bruntwood 1976, Manchester (United Kingdom), Series D	Provider of integrated commercial property and workspace solutions	$525M	Royal Bank of Scotland, HSBC & 10 others	70/100
10th	iSprout 2016, Hyderabad (India), Seed	Provider of adaptable workspaces featuring amenities, services, and collaborative environments	$7.61M	Vivriti Asset Management, Clay Capital & 22 others	69/100
23rd	Innov8 2015, Delhi (India), Acquired	Chains providing shared office spaces with flexible terms and amenities	$17.5M	Zillionize, 9Syndicate & 61 others	59/100

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Founders own 0.00%, Funds own 1.57%, Parent Entities (largest shareholder) own 88.57% and Enterprises own 0.33%. The net worth of Innov8's founders is INR 38.9K as of Feb 04, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.00%	38.9K	0	0	0	0
Ritesh Malik	0	0	0	0	0	0
Fund	1.57%	2.43Cr	6	4	5	6
LetsVenture	0	0	0	0	0	0
Parent Entity	88.57%	137Cr	6837796	6710209	9004764	8994139
Enterprise	0.33%	51L	0	0	0	0
Angel	9.53%	14.8Cr	7077473	3550516	9628601	4484757
Kiritkumar Prahaladbhai Patel	0	0	0	0	0	0
Vijay Shekhar Sharma	0	0	0	0	0	0
Total	100.00%	155Cr	3562104	3240320	5767860	8780487