Mikro Grafeio, a leading social impact startup offering integrated workspace and workforce solutions, is excited to announce the successful closure of its Pre-Series A funding round, securing an impressive $1.2 million from a blend of existing and new investors. This substantial capital injection is set to serve as a springboard for Mikro Grafeio's ambitious expansion plans, enabling the company to solidify its presence in emerging cities, i.e.Tier 2 & 3 cities, creating 100,000 job opportunities, empowering local economies to thrive. This funding will also facilitate the incorporation of cutting-edge technologies for operational efficiency, the establishment of stronger partnerships for tightly-knit ecosystem support, and the fortification of its marketing endeavours.
Mikro Grafeio has demonstrated a remarkable growth trajectory, transitioning from a modest footprint encompassing five centres in the fourth quarter of 2021 to a robust business servicing over 50 clients across more than 40 centres by the culmination of the fourth quarter of 2023. With this recent infusion of capital, the company is well-positioned to amplify its achievements and reshape the landscape of integrated workspace and workforce solutions with its innovative approach and customer-centric services.
With the latest round of funding, Mikro Grafeio aims to further consolidate its position as a market leader and innovator in the integrated workspace and workforce solutions domain. The company intends to invest in expanding its footprint in Tier 2 and 3 cities, where it sees significant growth potential, empowering local economies to prosper due to the rising demand for flexible and affordable workspaces and the ability to extend the ecosystem to help businesses thrive. Mikro Grafeio also plans to leverage cutting-edge technology to enhance its operational efficiency and customer experience. Additionally, the company will focus on building a strong brand identity and create awareness for its social endeavours.
The company remains dedicated to fostering an environment that nurtures creativity, productivity, and collaboration, redefining the standards of contemporary workspaces. With the impetus from this funding, Mikro Grafeio is poised to create new benchmarks in the industry, setting the stage for transformative growth and advancement in the coming years.
"We are delighted to announce the successful completion of our Pre-Series A funding round, which marks a significant milestone in our journey. We are grateful for the trust and support of our investors, who share our vision and passion. This funding will enable us to scale up our operations, enhance our technology, and reach out to more customers across India. We are confident that with our unique value proposition and focused efforts to increase social impact and employment in emerging cities, we will be able to create a positive impact on the lives and businesses of our customers,” said Mr. Mohan Mathew, Co-founder of Mikro Grafeio.