Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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Space Creattors Heights Redefining Professional Workspaces with Premier Co-Working Solutions0
- Leadership
- April 26, 2024
Emerging from the pandemic, businesses are pivoting towards co-working spaces, seen as the future of office setups. In India, these flexible and hybrid work environments are becoming essential for freelancers, entrepreneurs, and remote workers. Space Creators Heights exemplifies this shift, focusing on community, well-being, and innovation in office design. It forecasts substantial growth in the market by 2029.
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South India Leads Office Property Market Recovery0
- Industry News
- May 24, 2024
South India, led by Bengaluru, Hyderabad, and Chennai, drives India’s office property market recovery. These cities account for nearly 60% of space demand by 2025, fueled by the tech sector and global capability centres. The office market is booming, with significant growth and large leasing deals expected throughout 2024.
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Smartworks Transitions to Public Company Amid IPO Plans0
- Industry News
- July 19, 2024
Smartworks has transitioned to a public company, aiming for an IPO. Following a $20 million funding round, its name changed to Smartworks Coworking Spaces Limited. With 41 centres across 13 cities, the company nearly doubled its revenue to ₹744 crore in FY23. Key stakeholders include NS Niketan LLP.
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Smartworks Secures SEBI Approval for IPO Amid Rapid Expansion0
- Industry News
- December 16, 2024
Smartworks secures SEBI approval for its IPO, marking a key milestone in its expansion strategy. With 41 centres across 13 Indian cities and a recent entry into Singapore, the company reported ₹10.39 billion in revenue in FY24. Backed by Keppel Ltd., Smartworks plans to invest ₹2.38 billion in future growth.
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Smartworks Secures Rs 168 Crore For Expansion!0
- Industry News
- July 4, 2024
Smartworks raises Rs 168 crore from investors, including Keppel Limited, to fuel its expansion. With new centres added in major cities, the company now operates 41 centres across 13 cities. Founder Neetish Sarda and Keppel Ltd CEO Louis Lim highlight continued growth and leadership in India’s managed workspace industry.
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Smartworks Secures 6 Lakh Sq. Ft. Office Space in Pune’s Balewadi, Strengthening Presence Ahead of IPO0
- Industry News
- September 4, 2024
Smartworks has leased 6.13 lakh sq. ft. of office space in Pune’s Balewadi for Rs 4.48 crore per month, expanding its Pune portfolio to over 3 million sq. ft. This move strengthens Smartworks’ presence ahead of its upcoming IPO, as it continues to lead in the Indian flexible workspace sector.
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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Vatika towers, Golf course road, Gurgaon
India
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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