Flexible workspace firms clinch big deals in Q4Flexible workspace operators secured major office deals in the March quarter. Smartworks and WeWork led with substantial space leases acros...
Awfis’ operating revenue rises 20% to Rs 382 crore; profit at Rs 22 croreAwfis reported a 20% year-on-year (YoY) surge in its operating revenue, at Rs 382 crore for the quarter ended December, up from Rs 318 cror...
Awfis CMD Amit Ramani on debt, capex and expansion strategyAwfis CEO Amit Ramani addressed market concerns, clarifying that company-wide debt stands at 21 crores, a decrease from the previous year, ...
Awfis elevates deputy CEO Sumit Lakhani to chief executive officerAwfis has appointed Sumit Lakhani as its new CEO, succeeding founder Amit Ramani, who will continue as chairman and managing director. Lakh...
Awfis to enter more markets, offer customised offerings to boost growthWill focus on building capital-efficient managed aggregation model, entering new markets and expanding in existing ones, and investing in t...
Awfis expands in BhubaneswarThe property is located in Odisha Technology Centre, Anand Bazar and is designed, built and managed by Awfis for two leading Fortune 500 co...
Awfis aims to raise revenue by 50-60% yearly for 5 years"We have touched Rs 500 crore of annual recurring revenue (ARR) in October and will close FY23 with Rs 600 crore revenue, more than double ...
Awfis set to add 40k seats by year-end as demand surgesThe company also aims to cross Rs 1,000 crore in annual revenue by the end of the next financial year, Awfis founder Amit Ramanitold ET. "W...
Awfis to double its workspace portfolio in 2022The company is now spread across 4 million sq ft pan India with 62,000+ seats across 14 cities, making it the largest flexi workspace provi...
Awfis to add 5,000 seats under premium co-working segment“The changing times have ensured that companies across sectors realize the importance of well-managed integrated workspaces that provide Gr...
Flex workspace provider Awfis leases 100,000 sq ft in KolkataWith the two new flex workspaces in the city, the company aims to double its footprint from 2.5 million sq ft to more than 5 million sq ft ...
72% of the workforce favor a hybrid work model: Survey“While at the start of the year most of us anticipated a gradual return to normalcy and offices in turn, the second wave of COVID postponed...
Awfis hopes to increase co-working space to 50,000 by March despite Covid disruptionAwfis currently has 67 operational co-working centres with 35,000+ seating capacity in 10 cities in India including Mumbai, Pune, Kolkata, ...
There won't be much of 'co' left in co-working spacesIndia’s leading co-working companies like Awfis, 91springboard and Smartworks said they’re remodelling their centres to make large open lay...
Awfis Space raises $20 million morePrior to this, the company had raised $31 million through two rounds from TTS:IO and founder Amit Ramani.
Awfis looks for more space with Rs 128 crore from SequoiaWith this infusion, as part of a Series-B round, the total capital raised by the firm stands at $31 million (about Rs 200 crore).
Awfis Space aims to ramp up capacity to 10,000 desks by December endAwfis Space Solutions, is aiming to ramp up its capacity to 10,000 desks by December end. It has 1,500 desks with its seven business center...