India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

BHIVE Workspace, one of India’s leading premium coworking brands, has appointed Esha Ranjan, a veteran with over 20 years of international workspace project experience, as Chief Projects Officer. Her hiring strengthens BHIVE’s operational backbone ahead of its planned IPO in 2026. The move comes as investor interest in the flex-space sector surges, with Smartworks, Awfis, WeWork India, and Indiqube also preparing public listings.
READ MORE
IndiQube Spaces, backed by private equity heavyweight WestBridge Capital, listed below its ₹237 IPO price, reflecting initial investor caution. But long-term conviction from WestBridge, which retained its ~28% stake, turns the narrative toward a multibagger outcome driven by scale, institutional backing, and operational maturity.
READ MORE
Mindspace Business Parks REIT has made its first-ever acquisition of a third-party commercial office asset, Q-City in Hyderabad’s Financial District, for ₹512 crore. The property, spanning 0.81 million sq ft, will be rebranded as The Square, 110 Financial District. The acquisition boosts the REIT’s portfolio to 37.9 million sq ft, and adds ₹53.5 crore in annualised net operating income.
READ MORE
Flexible workspace provider Incuspaze has leased 3 lakh square feet of Grade A office space across three prime Jaipur locations, marking its debut in Rajasthan. The move aligns with its strategy to expand into Tier II cities, targeting cost-conscious enterprises, startups, and GCCs while building toward a projected ₹350–400 crore revenue in FY26 and setting the stage for a future IPO.
READ MORE
Coworking space providers are more often adding shared work areas in residential buildings and mixed-use communities throughout India. This change shows a bigger focus on the ease of working from home and the merging of living and working spaces. Residents now expect professional work areas within their homes, prompting developers and operators to meet demand for in-building coworking amenities.
READ MORE
Backed by marquee investors like Ashish Kacholia, Samara Capital, and Kotak, Sahajanand Medical Technologies (SMT) has submitted its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. Unlike most listings, this one is a pure Offer-for-Sale (OFS) with 2.76 crore shares being offloaded by promoters and institutional investors. The company itself will not raise new capital.
READ MORE



