Edureka supports Sharing Economy by partnering with BHIVE Workspace

Bangalore-based edu-tech startup – Edureka – is proud to partner with BHIVE Workspace for #BuzzFest, a boutique event that brings together startup enthusiasts

Online PR News – 23-January-2017 – Bangalore, India – Bangalore-based edu-tech startup – Edureka – is proud to partner with BHIVE Workspace for #BuzzFest Vol. III, a boutique event that brings together thought leaders, entrepreneurs and startup enthusiasts under one roof. With 85+ courses across hottest technologies and programming languages, Edureka has spearheaded the professional e-learning revolution in India since 2011. Edureka promotes the idea of collaborative learning, which is the centerpiece of a shared economy that is built on skills.

On Tuesday, 24 January 2017, more than 200 founders, investors and CEOs are going to gather at the BHIVE’s #BuzzFest Vol. III at BHIVE Workspace Sector 6 HSR layout, Bangalore. The event will start from 6:00 PM onwards. We have 13 esteemed speakers from the industry addressing the “Sharing Economy” revolution in India. These experts would be sharing their knowledge and experience over 2 hours of incredible talks and panel discussions coupled with some music to lighten the mood! Organizations like Edureka, Yourstory, TechinAsia, NASSCOM, Headstart, Redbull, Vodafone, Zivaza, TiE, Reliance Jio and Indian Angel Network are supporting this event and #ShareInIndia campaign.

“Our community has evolved as one of the largest and the most vibrant with over 450+ events and 7000+ members on Meetup.” adds Ravindra MK, CCO BHIVE Workspace. The market validation and support from the investors have also given the confidence to aspire and become the largest premium co-working spaces not just in India, but in Asia.
The #BuzzFest will be attended by prominent organizations such as ZoomCar, Amazon, Rapido, OYO Rooms, MyIndianStay, NestAway, TiE, YourStory, Tech In Asia, Accel Partners, IAN Investors, Kae Capital, Google, Yourstory, Vodafone, RedBull, Edureka, Spinta Accelerator, Zivaza, Headstart and NASSCOM.

About the Sharing Economy Revolution
The sharing economy is the biggest change since the industrial revolution. It is projected to reach $335 billion worth in 2030, (by PWS report in 2015 ) which will constitute more than 50% of the global consumer market.
The not so new entrant in the Shared Economy Revolution are co-working spaces. Gone are the days of rigid work hours and the need of sitting glued to revolving chairs. The emerging intelligent species of entrepreneurs is looking out for economic options to aid their workspace needs. Coworking is distinct from a business accelerator, incubators and executive suites, they lack the informal culture. The first ever hub was founded in Berlin in 1995 as the years passed in 2012 there were over 2000 coworking spaces worldwide. Over the course of the year, Twitter users sent 93,000 tweets with the hashtag “coworking” (Source: Topsy). Just a year passed by and we saw 3000 coworking spaces open worldwide and the numbers are only positive. According to a study by Coworking Mag, 62% of the coworking space providers want to expand in the coming year. The profitability of the industry supports the plans. The Global Coworking Survey 2016, as conducted by deskmag reveals that, out of the people working out of a co-working space, 82% people feel less isolated, 77% people increased their business network and 63% people have improved skill set – benefits of coworking are many.
Suryanarayana (ex IIMB Entrepreneurship cell) who recently joined BHIVE as a startup evangelist, thinks coworking space to the startups is what discovery of printing press was to the writers. Shesh Paplikar, CEO BHIVE Workspace believes that the idea of owning an office space will fade away in future. It’s exactly what cloud computing did to server industry and Uber did to auto industry. We hope and believe that BHIVE will continue to hold its pole position in the premium co-working space segment.”
Being one of the first companies to start co-working spaces in India, BHIVE has seen the industry evolve. According to Monnappa Bayavanda, COO BHIVE Workspace “Coworking industry is the next big thing in the shared economy. From two years ago when no one knew about co-working to today, when established companies like NEC, NDTV, Neogrowth etc. are also working out of BHIVE, the industry has undergone a major transformation in terms of acceptability of shared office space.”
About Edureka:
Headquartered in Bangalore, India, Edureka is a live and interactive e-learning platform that is revolutionizing professional online education. They offer instructor-led courses supported by online resources, along with 24x7 on-demand support. Edureka courses are specially curated by experts who monitor the IT industry with a hawk’s eye, and respond to expectations, changes and requirements from the industry, and incorporate them into our courses. Each Edureka instructor is an industry expert and brings forth his/her experience in the industry to help learners prepare for real-life scenarios. As on April 2016, more than 250,000 learners have up-skilled themselves on the Edureka platform, with 50,000 + hours of live classes. Edureka has 85+ courses across various technology domains.