How a Pune startup founder is turning pubs, nightclubs into co-working spaces for post-Covid economy – News 24-7 Live News 24-7 Live
How a Pune startup founder is turning pubs, nightclubs into co-working spaces for post-Covid economy

How a Pune startup founder is turning pubs, nightclubs into co-working spaces for post-Covid economy

Friyey, which opened in May 2019, is adapting to a pandemic work culture where an increasing number of people are functioning remotely.

Every evening, as the sun goes down in Pune, restaurants, pubs and nightclubs come alive with music, mood lighting and people winding down—before the 8 pm deadline. But, what happens to these spaces during the day? Most are either empty or shut.

However, a few of them are taking on a new identity— they become co-working spaces for professionals whose offices are closed due to the pandemic and those who do not want to work from home. This line of co-working spaces, called Friyey, are located in Baner, Wakad and Kalyani Nagar and is the brainchild of Yogesh Thore, an engineer-cum-MBA.

“The majority of nightclubs, pubs and restaurants lie idle during the day, while hundreds of people, from medical representatives to bank salespersons, do not have their own offices to work out of. Friyey built a business model that matched this gap. We got into revenue-share agreement with these restaurants and clubs. Today, they have more earnings and branding while professionals, who need a space to work, have an affordable option. We are around 70 per cent full most weekdays,” says Thore.

News Source:- Indian Express

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