Imperial Servcorp to expand in India at $5 mn

To offer unbranded serviced office space and virtual office services, Imperial Servcorp plans to add three more centres in India by next year by investing about $ 5 million.

Part of the Australian company Serve Corp with presence in over 50 countries, and operating out of two locations in India through a venture with K Raheja Corp, is now embarking on expansion. Meenal Sinha, Country Head Imperial Servcorp India said that the company has identified Gurgaon, Delhi, Bangalore and Pune for setting up offices. She told a business newspaper that the last few years in India through its presence in Raheja Mindspace in IT hub of Hyderabad and in Mumbai, has been exciting and Servcorp venture serves over 400 clients, which includes start ups, service providers and multi-national companies looking to expand in India.

Through the venture with K. Raheja Corp, the company has been offering serviced office space to clients. The company is now in the process of finalising deals with other developers in Gurgaon, Bangalore, Delhi and expect to begin operations during the year, she said.

Most companies, who identify a city for expansion, begin operations as start ups using our serviced office space facilities. This enables them to complete their task and then move on to their own facility. They get advantage of a full office using our facilities, she said.