Tuesday, November 29, 2022
Outlook.com
Outlook India
Outlook Business
+

WeWork India Makes its First Investment in Zoapi Conferencing and Collaboration Platform

With corporates organically transitioning to a hybrid work model, there has been a growing demand for the benefits of collaboration in a workspace

WeWork India Makes its First Investment in Zoapi Conferencing and Collaboration Platform

Outlook Start-Up Desk

POSTED ON October 13, 2022 12:40 PM

WeWork India, a flexible workspace provider, has made its first investment in the Bengaluru-based conferencing and collaboration platform Zoapi. The latter is an enterprise software as a service (SaaS) solution provider that combines the four basic needs of a meeting room—wireless screen sharing, video conferencing, online calendar and room scheduler.

With corporates organically transitioning to a hybrid work model, there has been a growing demand for the benefits of collaboration in a workspace. As organisations reevaluate their real estate requirements, adopting advanced tech capabilities helps optimise cost. 

Zoapi supports numerous video conferencing facilities and collaboration applications for immersive meetings with a hardware-agnostic build as an open platform. These include Zoom, MS Teams, Skype, Google Meet, Webex and Polycom.

“Businesses are increasingly looking for a blend of physical and virtual work experience, and innovative technologies such as Zoapi have become central to this. From an adoption perspective, it is affordable and compatible with numerous video conferencing platforms and devices. With its unique capabilities, this homegrown product has the potential to grow into a global player, implemented across all industries. By combining our technologies, we wish to take Zoapi to a larger audience and facilitate seamless communication for businesses of all sizes,” said Karan Virwani, the chief executive office of WeWork India.

“Over the years, our strategic partnership with WeWork India has generated insightful data about user consumption patterns and needs. We believe that we can globally power conferences and meeting rooms with our SaaS solution, enabling stakeholders to have effective meetings,” added Prashanth N.S, co-founder and CEO of Zoapi Innovations. 

He co-founded the company with Chaitanya Vasantarao in 2019. The Bengaluru-based start-up is a member of the Intel IoT Solution alliance.  

  • Related Articles

    Rajeev Mishra, CEO of Softbank Vision Fund, Rukam Capital and Vijay Shekhar Sharma, founder of Paytm, were some of the investors who participated in this funding round

    D2C Footwear Start-up Yoho raises Rs 20 crore capital in pre-Series A round

    Fireside Fund III will invest in 25 to 30 digital-first start-ups, especially those focus on health and wellness, edutainment, lifestyle and FMCG

    Fireside Ventures Announces Final Close Of Fund III

    The Beer Café's promoters Rahul and Bineeta Singh and all major investors including Mayfield, Granite Hill, and RB Investments will get shares of Bira 91

    Sequoia Capital-backed Bira 91 Acquires The Beer Café