Awfis to expand in new markets, says CMD Amit RamaniAwfis is targeting a 30% revenue growth in FY25, driven by expanding its supply and achieving higher occupancy rates at its current centers...
Awfis on an expansion spree, leases around 1 lakh sq in BhubaneshwarThe size of the new Awfis centre in Bhubaneshwar is a testament to the Tier II growth story and its potential. With its strategic location,...
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...
Awfis expands its footprint in South India with 11 new propertiesAmit Ramani, CEO and Founder, Awfis, said, "The region presents numerous opportunities through its expanding real estate landscape. This ex...
Co-working firm Smartworks takes on lease 5.3 lakh sq ft office space in Gurugram, Noida; NCR portfolio crosses 10 lakh sq ftCo-working firm Smartworks has taken on lease 5.3 lakh square feet office space in Noida and Gurugram to cater to rising demand of flexible...
Awfis enters Kochi, strengthen presence in SouthIn line with its expansion plans in emerging metros, Awfis intends to establish a strong network in Tier II cities in the coming months. At...
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...
Work from Anywhere: From hotel rooms to cafes, professionals turn innovativeWork-from-home is so passe that well-placed and well-paid employees are now checking out the scenery not too far from home.
Co-working space cos stick to their expansion plansCompanies like Awfis, Smartworks, ABL Workspaces and MyBranch, Incuzpace say pan India plans are on track and they are aggressively targeti...
Unfazed by virus, office space providers go ahead with expansion plansCompanies like Awfis, Smartworks, ABLWorkspaces and MyBranch, Incuzpace say pan India plans are on track and they are aggressively targetin...
Co-working spaces in demand in Covid-hit IndiaLeading players such as Awfis, IndiQube, Smartworks, 91springboard, Wework and Incuspaze are aggressively scaling up space/seats in line wi...
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, ...
ChrysCapital leads $30 million round in AwfisProceeds from the deal will be primarily utilised to expand capacity, according to Amit Ramani, chief executive of Awfis.
Awfis opens its 1st centre in Chandigarh; set to expand its footprint by 2X pan India in 2019The co-working facility is spread across 15,000 square feet and is capable of seating over 300 customers and eyes to expand further in the ...
The Executive Centre bets big on India's co-working segmentThe office space addition will be in the form of more centres in Bengaluru, Mumbai, Pune, Delhi, Gurgaon, Chennai and Hyderabad, making Ind...
As part of its cost cutting drive, Snapdeal vacates ‘Awfis’ in MumbaiMany e-commerce firms have taken to consolidation of office space recently including Flipkart that surrendered 70% of the space in its upco...