Company Intelligence Profile
Coconut Spaces Private Limited
Goa-based private company operating the NomadGao coliving-and-coworking community brand for digital nomads.
Last updated 4 August 2026
Coconut Spaces Private Limited, incorporated in August 2020 and based in Goa, operates NomadGao, a coliving and coworking community for digital nomads and remote workers, with its flagship location in Anjuna and Assagao, Goa. The company reported total revenue of approximately Rs 1.33 Cr in FY2024, reflecting around 38% year-on-year growth. It has raised approximately US$146K in angel and accelerator funding, with a post-money valuation cited at around Rs 13.2 Cr.
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Company Identity
| Registered name | Coconut Spaces Private Limited |
|---|---|
| CIN | U55101GA2020PTC014458 |
| PAN | AAICC8840M |
| Status | Active (unlisted private company) |
| Listing | No — unlisted private limited company |
| Incorporated | 12 August 2020 |
| ROC | RoC-Goa |
| Sector (NIC) |
|
| Registered address | H. No. 1160-3, Mazal Waddo, Anjuna, Mapusa B, Anjuna, Bardez, North Goa, Goa - 403509 |
| Authorized capital | ₹2.00 Lakh |
| Paid-up capital | ₹1.29 Lakh |
Business Overview
- Coconut Spaces Private Limited operates under the consumer brand "NomadGao", a remote coliving and coworking community for digital nomads and remote workers in India (flagship presence in Anjuna/Assagao, Goa, with community outposts in other Indian destinations)
- Offering spans private rooms, villas, studio and budget rooms bundled with coworking facilities (high-speed internet, power backup, all-day access) plus curated community experiences
- Founded by Mayur Sontakke (brand traces its start to 2019)
- Typical guest spend reportedly upwards of ₹50,000/month; the company markets an "Anywhere Pass" product
- Sources: nomadgao.com, Tracxn, Rest of World reporting
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Mayur Satish Sontakke | 08831879 | - | - |
| Satish Gurunath Sontakke | 08831880 | - | - |
GST
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 30AAICC8840M1ZG | Goa | AAICC8840M (source: Tofler; consistent with GSTIN 30AAICC8840M1ZG) | Active |
Primary GSTIN: 30AAICC8840M1ZG (Goa, state code 30). Home state: Goa. PAN: AAICC8840M. GST registered: 05 October 2021. Status: Active. Number of registrations: 1 (single Goa registration found). Sources: Masters India, KnowYourGST/company GST listings (2 sources agree; PAN embedded in GSTIN matches Tofler PAN).
Financials
- Standalone (no subsidiaries known)
- Latest available: FY2024 (year ended 31 Mar 2024) total revenue ≈ ₹1.33 Cr, ~38% YoY growth
- Earlier FY: revenue under ₹1 Cr with +130.89% YoY growth, operating margin 17.47%, net profit margin 22.27%, debt-to-equity 2.01
- EBITDA, PAT, net worth and borrowings in absolute terms are behind paywalls -> not obtained
- Latest financial statements reportedly filed for year ended 31 Mar 2025
Funding
- Angel/accelerator-stage
- Total raised ≈ US$146K across ~6 rounds; lead/investor: build3 (impact accelerator)
- Latest disclosed: Angel round on 15 June 2023 for ≈ US$62.3K (1 investor)
- Post-money valuation cited at ≈ ₹13.2 Cr. Sources: Tracxn (round names/values), Crunchbase/PitchBook profiles
- Note: private-market estimates; not from MCA filings
Charges & Loans
No registered charges on assets found — the company reports no open secured borrowings/charges.
Competitors
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