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Draper Startup House

Draper Startup House

Draper Startup House is a global coliving hub for entrepreneurs and creators where they get access to partners, micro-acceleration, funding and mentorship to grow their startup.

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Basic Information
Draper Startup House is here to create a network of coliving spaces for entrepreneurs and digital nomads in atleast 100 corners of the globe by 2030 and provide entrepreneurs access to global ecosystem of funding, mentorship and community for their growth. They are part Tim Draper’s global ecosystem which includes Draper Venture Network, Draper Associates, and Draper University. What began in India in March 2016 as an initial concept for digital nomads to have a relaxed, yet productive work “office” on a quest to conquer the world soon became a movement to enable the startup of one million businesses worldwide. Draper House focuses on making each hostel a deal-making space that funnels investment opportunities. These are early-stage to mid-stage startups. The Draper Startup House offers various kinds of rooms: so Tim Draper can stay in a private suite for $200 per night while a new founder can spend $10-20 a night. In India, the costs range from Rs 700 for a dorm bed to Rs 2,000 for a room. A place like Manila has options from $15 to $250.
Legal Name
:
Draper Startup House India Pvt Ltd
Headquarters
:
Singapore, Singapore, Singapore
Business Model
:
B2C  
Founding Date
:
2020
No. of Employees
:
41 to 60
Core Team
:
1.  
Vikram Bharati
Co-Founder
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2.  
Daniel Wiegand
Co-Founder
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3.  
Indrek Pallo
Co-Founder
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4.  
Shashikiran Rao
Co-Founder
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Revenue Stream
Fee-For-Service
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Funding

Total Funding

$3.5M

Investors
:
1.  
Aurum Investments
2.  
REAPRA Venture
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