Barclays co-working space to 'Rise' in Mumbai in Q2

In Q2, Barclays will launch its fifth Rise site, located in Mumbai, following successful openings of fintech-specific co-working office spaces in London, Manchester, New York, Cape Town and soon-to-open Tel Aviv. In addition to the state-of-the-art office facilities, events and meeting spaces designed to foster the "budding fintech entrepreneurial eco-system in India," entrepreneurs will also have access to Barclays mentors and be linked to all of the Rise global sites.

BENGALURU: Barclays , in partnership with coworking space 91springboard , will launch Rise in Mumbai , during the second quarter of 2016. Rise is a network of physical spaces and a virtual community designed to foster fintech.The new site will be the fifth ‘Rise site, after London, Manchester, New York, Cape Town and soon-to-be-open Tel Aviv location. The partnership with 91springboard will include the setting up of a physical hub in Lower Parel. Rise Mumbai will be a state-of-the-art space offering coworking facilities, events and meeting spaces and a number of programmes designed to cocreate the future of financial services , said an official statement."We are very excited about the launch of Rise in India. With this, we intend to provide a model for global collaboration, innovation and growth in financial technology to the budding fintech entrepreneurial eco-system in India, enabling them to grow and achieve the scale and success they deserve," said Lubaina Manji, Head of Rise and Group Innovation Office. Entrepreneurs working out of this space will also gain access to Barclays mentors and will be linked to all of the Rise global sites.