<p>A British startup is thriving by providing physical space and a “unique environment where technology startups can start up faster.” The success of its business model in London has spurred its CEO and co-founder Elizabeth Varley to look at opportunities in India.<br /><br /></p>.<p>Talking to Deccan Herald, Varley, on her maiden visit to India as part of a UK trade delegation, recalled the genesis of her firm TechHub. “After running an online community platform from 2001 to 2007, I thought of a focal point in London from where technological startups could work. I explored the idea with an acquaintance, Mike Butcher, Europe editor of Techcrunch (a publication that profiles startups and reviews Internet products). We finally launched TechHub in July, 2010.” <br /><br />TechHub has two facilities spread across 15,000 sq ft in London; these are rent out to startups that are product-oriented technological companies at rates ranging from about £275 per month to £375 per year depending on the space availed and facilities offered. The company opened a facility in Latvia this year and will start business in Manchester next month, apart from acquiring about 30,000 sq ft space in London,” she added.</p>
<p>A British startup is thriving by providing physical space and a “unique environment where technology startups can start up faster.” The success of its business model in London has spurred its CEO and co-founder Elizabeth Varley to look at opportunities in India.<br /><br /></p>.<p>Talking to Deccan Herald, Varley, on her maiden visit to India as part of a UK trade delegation, recalled the genesis of her firm TechHub. “After running an online community platform from 2001 to 2007, I thought of a focal point in London from where technological startups could work. I explored the idea with an acquaintance, Mike Butcher, Europe editor of Techcrunch (a publication that profiles startups and reviews Internet products). We finally launched TechHub in July, 2010.” <br /><br />TechHub has two facilities spread across 15,000 sq ft in London; these are rent out to startups that are product-oriented technological companies at rates ranging from about £275 per month to £375 per year depending on the space availed and facilities offered. The company opened a facility in Latvia this year and will start business in Manchester next month, apart from acquiring about 30,000 sq ft space in London,” she added.</p>
