BHIVE Workspace Acquires Product Engineering Company Praemenio
BHIVE Workspace, a well-known provider of flexible office spaces, has recently announced its acquisition of Praemenio, a company specializing in product engineering. Based in Bengaluru, BHIVE Workspace is a major player in the co-working sector. The company has stated that this acquisition includes both cash and equity, although the exact value of the deal hasn't been disclosed. One key aspect of this acquisition is that BHIVE will be bringing on board a team of 10 members from Praemenio, including its co-founders, Rohit Parab and Gaurav Gandhi. This integration is expected to significantly bolster BHIVE's operations. The expertise from Praemenio will aid BHIVE in various areas like financial management, processing approvals, identifying issues, lead generation, and decision-making processes. This support is crucial for efficiently managing BHIVE's extensive network of co-working spaces, which spans 1.5 million square feet across 25 locations. Shesh Rao Paplikar, the Foun...