WeWork invests in the conferencing platform Zoapi
- ByStartupStory | October 14, 2022
WeWork India announced its first investment in the nation, acquiring an interest in Zoapi, a Bengaluru-based conferencing and collaboration platform. The sum of capital was not disclosed.
Created by Prashanth NS and Chaitanya Vasantarao in 2019, Zoapi integrates the four essential meeting room needs—wireless screen sharing, video conferencing, an online calendar, and a room scheduler—on a single platform that corporates and freelancers may use. Zoom, MS Teams, Google Meet, Webex, and other video conferencing apps are also supported by the firm.
“Businesses are increasingly looking for a blend of physical and virtual work experience, and innovative technologies such as Zoapi have become central to this. From an adoption perspective, it is affordable and compatible with numerous video conferencing platforms and devices. With its unique capabilities, this homegrown product has the potential to grow into a global player, implemented across all industries,” said Karan Virwani, CEO, WeWork India.
“We are excited to partner with WeWork India, as it’s an excellent opportunity to implement our product at scale. Over the years, our strategic partnership with WeWork India has generated insightful data about user consumption patterns and needs. We believe that we can globally power conferences and meeting rooms, with our SaaS solution, enabling stakeholders to have effective meetings.” added Prashanth NS, cofounder & CEO, Zoapi Innovations.
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