"This monumental endeavour signifies a new era in collaborative living and working for entrepreneurs, start-ups, and digital nomads worldwide."
So says the website for Draper Start-up House, an "international entrepreneurial ecosystem" that has just opened its largest co-living co-working space in Hyderabad, India.
The 108-bed space has been designed "to foster innovation and community building," Draper Start-up House says in a press release, with its goal being "to create a haven where entrepreneurs can thrive, collaborate, and innovate together, shaping the future of business globally."
It's not the first time Draper Start-up House has set up shop in India: It opened its first location in New Delhi in 2014, per the Times of India.
Draper Start-up House's mission is to "support entrepreneurial endeavours, driving progress, and creating a dynamic global network of successful start-up's," according to its website.
In addition to co-living spaces, Draper Start-up House has offices, studios, and meeting rooms for start-ups, entrepreneurs, investors, and more.
"Incentives, tax breaks, and streamlined regulatory frameworks attract and encourage the establishment and growth of start-ups," says Vikram Bharati, the founder of Draper Start-
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Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.