Flexible workspace providers in India are shifting to asset acquisition to meet rising demand. Major players like Table Space and EFC are expanding operations through property purchases, driven by increased interest from foreign funds and top corporations opting for flexible workspaces.
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.
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.
Flexible office space provider IndiQube, backed by private equity firm Westbridge Capital Partners, aims to add two to three assets to its portfolio every month ..