Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Innov8 opens two flagship centers in Navi Mumbai and Andheri, offering 2 lakh sq. ft. of premium flex space with 3,000 seats. Strategically located, they cater to startups, enterprises, and freelancers, fostering productivity with vibrant, future-ready workspaces.
READ MOREInnov8, India’s leading coworking startup, is entering the managed office space sector with plans to expand by 4 million sq. ft. over three years. With a ₹50 crore investment, Innov8 will focus on premium, customizable workspaces in Grade A buildings, positioning itself as a leader in India’s growing flexible office market.
READ MOREInnov8 plans to raise ₹100 crore to double its coworking centres to 100 by next year. The funds will drive growth through acquisitions, partnerships, and tech upgrades. With 350+ brands and newly managed office ventures, Innov8 is positioned to lead India’s booming coworking sector amid rising demand for flexible workspaces.
READ MOREIndiQube files for a ₹850 crore IPO to fund expansion, debt repayment, and corporate needs. Managing 103 centers across 13 cities, the workspace provider reported ₹868 crore in revenue in FY24. Backed by WestBridge Capital, IndiQube targets India’s growing flexible workspace demand, projected to hit 124 million sq ft by 2027.
READ MOREIndiQube, a Bengaluru-based coworking provider, plans to raise INR 1,000-1,500 Cr through an IPO, primarily via fresh share issuance. The company, which operates in 12 cities and serves clients like Walmart and Philips, aims to file its draft red herring prospectus within three months.
READ MOREAnant Yardi, an Indian-born billionaire, takes charge as WeWork’s CEO. He invests heavily to revive the bankrupt co-working giant, and his strategic vision aims to steer WeWork towards renewed success.
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