Fri. Mar 29th, 2024
Hunch Ventures launch 'The Circle', a business hub in GurugramHunch Ventures launch 'The Circle', a business hub in Gurugram

New Delhi-based venture capital firm Hunch Ventures has launched ‘The Circle‘, a collaborative hub for creativity and innovation at India’s busiest metro station, HUDA City Centre, Gurugram. The Circle is aimed at fostering meaningful creative connections among entrepreneurs and young professionals.

The Circle is spread across 200,000 square feet, providing different working areas, meeting areas with state of the art technology, and areas dedicated to various activities to foster creativity.

“The Circle was conceptualised out of a need for a collaborative environment for our portfolio businesses. In doing so, we realised that just by way of getting people together we had started to find solutions and create synergies. We feel business today is a factor of work-social balance. The Circle is going to be about music, humour, conversation, opinion, creativity besides being a serious place to work from. This is going to be the bright spot in your day,” said Karanpal Singh, Founder and Managing Director of Hunch Ventures.

Currently, The Circle’s facilities are being used some of the top companies and startups spread across different domains including healthcare, digital marketing, artificial intelligence, machine learning, among many others. Presently, 20 companies with around 400 members are using its facilities at present.

Hunch Ventures plan to expand The Circle to other Indian cities like Bengaluru and Bombay, before expanding to the Southeast Asian countries.

Other prominent startups in the co-working space include Awfis, myHQ, Innov8, 91Springboard, among many others.

Hunch Ventures is a venture capital fund specialising in incubation and growth capital. It was founded by Mr Karanpal Singh in 2016. Hunch Ventures is mainly focused on startups involved in technology, education services, and socio-economic sectors. Along with investing, it also provides other services like mentoring, incubation, and acceleration.

Some of its notable invests in the country include world’s first on-line media ecosystem TalentNext, AI-based contract lifecycle management platform SpotDraft, online live learning platform Vagupu.

By Varun

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