Smartworks leases 166,000 sq ft to Wolters Kluwer in Pune
Smartworks has leased 166,000 sq ft to Wolters Kluwer in Pune, highlighting its focus on large enterprise clients. The managed workspace provider reported a 21% year-on-year revenue growth to Rs 424 crore in Q2FY26, while also reducing its gross d...
The Marisoft campus in Pune is located in a commercial cluster and has tech-enabled workplace infrastructure as part of Smartworks’ campus-led managed office model.
“The 1,000+ seats cohort which accounted for about 12% of our rental revenue three years ago, has now almost tripled to 35%, driven by our focus on large, enterprise clients and their need for consolidated, experience-led work environments,” said Neetish Sarda, Founder and Managing Director, Smartworks.
Managed workspace provider Smartworks has reported a revenue of Rs 424 crore, a growth of 21% year-on-year and 12% sequentially during Q2FY26.
The company has reduced gross debt by nearly 45% since the IPO.
With a 12.7 million sq. ft. portfolio across 14 cities, Smartworks has a diverse client base including GCCs, Forbes 2000 companies, multinationals, and Indian enterprises establishing and expanding their operations in India.
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