Sreeniketana Logistics ventures into renting ready-to-move-in work spaces

Sreeniketana Logistics ventures into renting ready-to-move-in work spaces

In a move to diversify its business, Kerala-based logistics firm Sreeniketana Logistics has ventured into renting out ready-to-move-in work spaces in Kochi. To begin with, the company has its first venture in Kochi under the name Vistaara. It has provided 3000 square feet of space in the city with 14 cabins of various types and work stations. “We are providing work spaces from 80 sq ft. to 120 sq ft. which could be ideal for startups and even seasoned entrepreneurs,’’ said S. Giridhar, MD, Sreeniketana Logistics Ltd. He claimed that this could be the first medium scale venture in such segment in the state.

The space will have a number of common facilities including a conference hall. The company will provide such facilities in another 15,000 square feet in the city in one year. "It is much cheaper for the startups because to build such a facility will require more funds,’’ said P G Gopakumar, CEO of the company. Sreeniketana has plans to set up a series of ready-to-move-in space in other cities in Kerala as well as outside the state. "We have land in Thiruvananthapuram and Chennai which we could utilise for such a purpose,’’ Giridhar said. Sreeniketana is currently engaged in providing logistics support for the movement of bulk cargo like cement and liquor in South India. It hopes to increase the monthly tonnage from present 50,000 tonne to 1 lakh tonnes in a year.

The company has launched its first venture in Kochi city under the name Vistaara, by providing a 3,000 sq ft office space with 14 cabins of various types and work stations.

The company is providing work spaces from 80 sq ft to 120 sq ft which could be ideal for start-ups as well as seasoned entrepreneurs, S Giridhar, MD, Sreeniketana Logistics Ltd, said. According to him, this could be the first medium scale venture in such segment in the State. The space will have a number of common facilities such as centralised AC, Wi-Fi, in-house stationery store, conference hall etc.

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