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IndiQube Leases a 1,037-seat managed workspace to Ninjacart in Bengaluru

IndiQube , a co-working space provider, has leased a managed workspace with a capacity of 1,037 seats to the.

Meghna agarwalArpit mehrotraSharath loganathanOffice servicesColliers indiaOuter ring roadManaging directorCo working space

NinjaKart consolidates its operations into a bigger campus

Established in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and Infosys co-founder Nandan Nilekani. In its latest funding round, it secured about $145 million (Rs 1,200 crore) from Flipkart and Walmart, reaching a valuation of $815 million (Rs 6,780 crore). Flexible office spaces continue to gain ground with occupiers as they focus on building operational efficiencies through a distributed work model.

Sharath loganathanNandan nilekaniArpit mehrotraTiger global managementNational capital regionSouth indiaDelhi national capital regionAgritech startupFlipkart walmart backed firmCollaborative spiritDynamic ecosystem

pinnacle: Pinnacle sets up its first office in Hyderabad

The new office space will come up in My Home Twitza in Hyderabad s secondary business district, operated and managed by Skootr. Currently, Pinnacle has a strong presence in the US.

Andhra pradeshArpit mehrotraBenjamin brambilaOffice servicesHome twitzaCountry managerManaging directorOffice spaceMy home twitzaColliers india

Indian office market records 38 million sqft absorption between January-September 2023

The first three quarters of 2023 saw strong demand for office space in India, with 38 million square feet of gross absorption across the top six cities. Bengaluru and Delhi NCR led the demand, accounting for half of the total demand. The technology sector continued to drive the demand, with flex spaces, engineering & manufacturing, and BFSI sectors also contributing significantly. The southern cities of Bengaluru, Hyderabad, and Chennai witnessed the majority of the demand, with the technology-based occupiers driving leasing activity.

Andhra pradeshTamil naduArpit mehrotraVimal nadarPeush jainHead of researchManaging directorSenior directorColliers indiaSqft absorptionIndian office

Office space demand dips 4 5% in 2023 as compared to last year: Colliers

Office space demand dips 4 5% in 2023 as compared to last year: Colliers
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Andhra pradeshTamil naduPeush jainArpit mehrotraVimal nadar

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