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COWORKING SPACE EXPANSION
Innov8 acquires Vatika Business Centres to expand co-working bizCoworking firm Innov8 has acquired Vatika Business Centres, significantly expanding its footprint across India. This strategic move integra...
Flexible office space market crosses 100 million sq ft mark, GCCs driving growthIndia's flexible workspace industry wrapped up FY26 on a high note, showcasing impressive double-digit revenue growth alongside rising prof...
Urban Vault sub-leases 16K sq ft office space in Gurugram to electric ride-hailing firm Green SMUrban Vault has successfully subleased a generous 16,000 square feet of prime office space in Gurugram to Green SM, an innovative electric ...
Incuspaze eyes Rs 100 cr from iKeva buyiKeva has a portfolio of 18 workspace centres covering 500,000 sq ft across Hyderabad and Bengaluru, which it aims to double this fiscal ye...
Flex office firms' earnings jump on strong demand, premium shiftFlexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fisc...
Awfis Space Solutions shares surge 9% after Q4 profit jumps 107% YoYAwfis Space Solutions shares saw a significant jump after the company announced a more than two-fold increase in net profit for the March 2...
Awfis Q4 profit doubles, revenues up 20% YoY on GCC boom and AI-led expansionCo-working spaces remained the company’s biggest revenue contributor, accounting for more than 83% of operating revenues. Income from the s...
Flex office: As GCCs boom, Table Space is betting big on managed workspacesAs India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering...
WeWork India opens new coworking centre in Delhi with over 1,400 desksWeWork India has launched a new co-working space in Aerocity, New Delhi. This expansion adds 1.1 lakh sq ft and over 1,400 desks to its ope...
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...
Smartworks bets on structural shift as managed offices become mainstreamIndia's managed office sector is entering a period of strong growth. Smartworks, a leading platform, is expanding rapidly with large campus...
Smartworks gives on rent 1,150 desks in Mumbai to global firm for Rs 51 cr rentalRealty firm Smartworks Coworking Spaces has leased 1,150 desks to a global firm at its centre in Navi Mumbai for a total rental income of R...
Indian flexible workspace sector crosses 100 mn sq ft; eyes $10 bn valuation by 2028India's flexible workspace sector has surpassed 100 million sq ft. It is projected to reach a $9-10 billion valuation by 2028. Operators ar...
BHIVE to raise Rs 400 crore pre-IPO fund to accelerate expansion and IPO listingCoworking major BHIVE Workspace is in advanced talks to raise up to Rs 400 crore in a pre-IPO round, combining debt and equity funding. The...
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...
Smartworks to invest Rs 100 crore to expand presence in the national capital region“We are seeing a lot of traction in Noida so more than 90% of our future inventory will come in Noida. Our existing building is almost full...
Coronavirus-fueled uncertainty could accelerate the consolidation of flexible office spacesWhile a large operator like RMZ is exiting the business, global major WeWork plans to expand as per client specifications only for some tim...
Spring House Coworking plans to raise $2 million for expansionAt present, Spring House has 11 coworking operational centres, totalling 1,23,500 sq ft area and around 2,050 seats, in Gurugram, Noida, De...
iKeva raises funds to set up 15 co-working centres this yearMonika Misra, co-founder, iKeva, said the fresh infusion of funds would help them speed up business expansion this year and foray into new ...
ONE Co.Work inaugurates its 1 crore worth third co-workingAs a run-up to the launch, the company also enabled online registrations which offered 20% discount on its services for the first six month...