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IPOs by flexible workspace firms: Sharing to grow

A number of flex workspace operators are expected to raise long-term capital and onboard more institutional investors.

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Smartworks leases 1 lakh sq ft office space in Gurugram, opens 1,000-seater centre

The new centre, which is already operational, can accommodate up to 1,000 desks, each available to clients at a monthly rate of Rs 20,000. 

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Smartworks takes on lease 1 lakh sq ft office space in Gurugram, opens 1,000-seater centre

Smartworks, a leading co-working firm in India, is expanding its footprint with a new centre in Gurugram s Cyber City. With over 8 million sq ft across 14 cities, it plans to raise $70-90m for future growth. The flexible office space industry is estimated to reach 81 million sq ft by 2025.

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Smartworks leases 100,000 sq ft in Gurugram

flexible workspace providers: Flexible workspace providers expanding revenue base beyond rentals

"We have established a comprehensive ecosystem within our spaces to enhance convenience for our members, offering amenities such as on-site gyms, sports areas, laundry services, recreational zones, convenience stores, amphitheatres and more," said Harsh Binani, cofounder of Smartworks.

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