Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Pratyush Pandey has resigned as CEO of Upflex India, a leading coworking marketplace. Upflex entered India in 2021 through a partnership with Anarock, expanding across multiple cities. Pandey, who played a key role in this expansion, confirmed his resignation but did not disclose his plans.
READ MORENukleus Office Solutions’ IPO received a lukewarm response, reaching 41% subscription on Day 1. Retail investors subscribed 61%, while NIIs lagged at 21%. The company aims to raise ₹31.7 crore at ₹234 per share. With steady financial growth, its BSE SME listing is set for March 4.
READ MOREOfis Square, a leading provider of coworking and fully managed office spaces is making a bold move in the ICC Champions Trophy 2025. By securing strategic ad placements in key India matches, the brand aims to boost visibility among professionals, entrepreneurs, and businesses while tapping into the tournament’s massive audience.
READ MOREIndia’s real estate market is rapidly growing, projected to hit $1.28 trillion by 2035 at a 24.29% CAGR. Foreign investments are surging, with 55% of Q1 2024 inflows from global investors. Office leasing, affordable housing, and tech-driven developments fuel this boom, solidifying India’s global position.
READ MOREMumbai Coworking has launched a premium coworking space in Andheri West, responding to the surging demand for flexible workspaces. The new hub fosters creativity and collaboration by featuring modern amenities, high-speed internet, and scalable office solutions. CEO Waqar Azmi emphasizes its role in shaping Mumbai’s evolving workspace culture.
READ MOREAwfis, India’s top coworking space provider, allotted 1.34 lakh shares under ESOP 2015, raising its paid-up capital to INR 70.96 crore. This follows a 6.16 lakh share allotment in November 2024. The company faces a tax probe while reporting strong Q3 FY25 earnings and revenue growth.
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