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FLEX SPACE STARTUP
WeWork India leases over 200,000 sq ft in Pune’s WakadWeWork India has leased over 204,000 sq ft of office space in Pune's Wakad locality for a long-term agreement. The flexible workspace provi...- AI majors building India base in Bengaluru boosting space demandBengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. Europ...
- India's flexible workspace market shifts to corporate-led growth, large enterprise occupies 72% seats: ReportIndia's flexible workspace market is now dominated by large enterprises. These big companies account for 72% of flex seat absorption, a sig...
- Flex space startup Innov8 reports revenue of Rs 38 crore during April-JuneFlex space firm Innov8 reported Rs 38 crore revenue in April-June, a 55% increase. Profitability also strengthened, with EBITDA reaching Rs...
- India’s flexible, co-working office supply to hit 125 million sq ft by 2027, reportIndia's flexible office space market is set to expand to 125 million sq ft by March 2027, driven by demand for flexible, short-term leases....
- Flex space startup Innov8 raises Rs 110 croreThe funding round was led by family offices, including those of Mankind Pharma, Gauri Khan, Rupa Group, and Jagruti Dalmia. These investors...
- Average transaction size by flex space operators doubled since 2015Flex space operators have nearly doubled average transaction size, reaching 36,590 sq ft in H1 2024. Post-pandemic demand shift to large co...
- Over 80% occupiers plan to expand through flex spaces in the next 3-5 yearsThe adoption of flexible office spaces is on the rise, particularly among multinational companies, with a projected 3-4 times increase by 2...
- Flex office space operators leases 1.6 million sq ft in tier 2 citiesFlexible office space operators are leasing space in tier 2 cities like Ahmedabad, Indore, Lucknow, and Bhubaneswar. According to CBRE, fle...
- Flexible office space providers see record demand in IndiaAccording to JLL, enterprises expanded their office space leasing activity significantly in FY23, going from 92,400 seats in FY22 to 139,00...
- Flex space stock in Pune to cross 8 mn sq ft by 2025: ColliersPune’s flex space stock is expected to cross 8 million sq feet by 2025, driven by demand from technology and other mainstream sectors, acco...
- Rising demand pushes India amongst fastest-growing flex office markets globallyIndia is witnessing strong growth in demand for flexible office space solutions from large enterprises and startups from various industries...
- Flex space startup IndiQube plans to raise $75 million"We have turned profitable at the company level and are looking to raise equity over the next 12 months. We are finding that there is a lot...
- Demand for flexible office spaces surge amid evolving hybrid work environmentThis translated to over 214,000 flexible office seats spread over 15,000 unique leads in major tier I and II cities across India. In terms ...
- Office space occupied by unicorns to more than double by 2024Unicorns are likely to lease an average of about 2.7 million sq feet of office space annually across 2022-24 across the top six cities, a t...
- 2021 office leasing surpassed 2016-2018 average by 7%Hyderabad leaped to the top three cities led by some large block deals in Q3 2021. Bengaluru accounted for the highest share at ~30%, follo...
- India’s flexible office space stock to cross 60 million sq ft by 2023Flexible workspace stock is expected to cross 60 million sq ft in metro and non-metro cities by 2023, as occupiers embrace agility and flex...
- Hyderabad houses 4.5 mn sq. ft. of flex space; one of the fastest growing flex markets in country: JLLApart from big MNCs, Hyderabad also houses many start-ups and small companies in the field of Consulting, IT, and logistics. Flex spaces ha...
- With 10.6 million sq. ft, Bengaluru leads in flex space stock in the country: JLLThe city also has a higher penetration of flex space in the country at 4.8% as compared to the national average of 3%, according to JLL rep...
- This startup is the Airbnb of warehouses and has Amazon in its sightsIn less than five years, Flexe has created a marketplace of spare storage space in 550 warehouses, quickly establishing better geographic c...
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