After completing his HSC from Mymensingh, Fahad Ibna Wahab moved to Dhaka in 2013 to get admitted into a university just like most of the young adults of the country. However, he had a different vision. Fahad wanted to be fully selfsufficient but did not like the idea of waiting for four years of academic degree to achieve so. That thrive derived him to establish his first venture Rapid Mail but somehow it had to be stopped after one year of operation. However, it could not stop Fahad. He gained work experience of a year and then founded Movians and MUV Asia. While working for his ventures he recognized, every time the number of team members were increasing he had to change offices and relocate to a comparatively bigger place and that is when the magic happened. He realized it cannot be only him who is suffering from such problem. Moreover, relocating office requires a good amount of investment and the bigger the place the higher the investment will be. He thought, it will be nice to have a place where people can just go and work without the tension of managing that place or without any initial investment which made him to take the initiative to found CoSpace Dhaka in 2019. 

The basic idea of CoSpace Dhaka is to rent a commercial space, renovating it and then letting others to use it in exchange of a service charge. They basically provide three types of services. The first one is virtual office where the subscribing organization can use the address of CoSpace Dhaka as their official address. In this case, CoSpace Dhaka will store the mails for the clients. The other two are open working spaces and private cabins for different numbers of people. For both open space and cabin monthly subscription and day pass are offered. Currently, CoSpace Dhaka can offer office spaces in two locations of Banani accommodating around 200 people in each site.

Since this co working or flexible working place is a new concept for our country, Fahad received a mixed a response. People often used to wonder, why to rent such co space when they can rent a flat with that amount of money. However, the unique selling point is, there will be no initial investment.

The users do not have to worry about managing their work place. From electricity, internet, cleaning to canteen; everything will be taken care of by CoSpace Dhaka. However, to educate the market, Fahad took various initiatives like free trials, sharing articles, videos etc. Currently CoSpace Dhaka is serving around 23 organizations of different team sizes and there are individual clients too. Fahad believes with the technological advancement and increasing internet users there will be more remote offices which inspires him to increase the branches of CoSpace Dhaka in various areas. However, lack of space is one of the major challenges in this business. To scale up their client base CoSpace Dhaka is initiating to launch an enterprise solution package where  they will find the enterprises suitable office space, decorate it and also will manage it as per the client’s requirement.

The country wide shutdown period for Covid -19 was a tough time for CoSpace Dhaka too since rents and bills had to be paid. However, vendors helped each other here by deferring the bills. On the other hand, there is a silver lining too. Now people are more interested in shifting to a co working space solution rather than having a fixed office and remote offices are gaining more popularity. By using this as an opportunity Fahad and his team of five members want to make CoSpace Dhaka more accessible to the people in future.