Articles & Trends on Industry News - Page 20 of 60

Microsoft Strengthens Indian Presence with Land Acquisition Near Hyderabad 0

Microsoft acquires 121,000 sq yards of land near Hyderabad for ₹181.25 crore, expanding its data centre footprint in India. Microsoft bolsters its cloud infrastructure with recent land purchases in Hyderabad and Maharashtra. It also grows its flexible office presence to 400,000 sq ft, reinforcing its long-term commitment to India.

Peak XV and Others to Offload ₹583 Crore Stake in Awfis 0

Peak XV, Bisque Limited, and Link Investment Trust plan to sell a ₹583 crore stake in Awfis via a block deal. Awfis, India’s largest flexible workspace provider, reported a ₹38.67 crore Q2 FY25 profit and 40.46% revenue growth, bolstered by strategic expansions and a robust market presence.

Awfis Expands to Guwahati, Reports Strong Growth in Flexible Workspace Sector 0

Awfis expands to Guwahati, managing 200 centres with 1.3 lakh seats nationwide. It plans to add 40,000 seats by FY25, reaching 135,000. Recent highlights include a 1.65 lakh sq ft NSE office project in Mumbai and ₹38.67 crore Q2 FY25 profit, marking strong growth in Tier-II cities and beyond.

Smartworks Secures SEBI Approval for IPO Amid Rapid Expansion 0
- 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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91Springboard COO Sameer Singh Discusses the Changing Face of Coworking 0
- Industry News
- December 16, 2024
91Springboard COO Sameer Singh highlights evolving coworking trends, including hybrid work models, enterprise adoption, and demand for holistic experiences. The sector now serves diverse industries like BFSI and GCCs, balancing short-term agility with long-term solutions. 91Springboard remains a leader, offering tailored, community-driven workspaces for businesses at every growth phase.
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TableSpace Sets Bold Target to Triple Suites Portfolio by 2025 0
- Industry News
- December 12, 2024
Table Space plans to triple its Suites portfolio by 2025, expanding to 35 centres with 35,000 seats across 2.2 million sq. ft. Launched in 2024, Suites caters to BFSI, IT, and healthcare sectors, achieving ₹200 crore revenue in nine months. With 90% occupancy, it drives India’s managed workspace growth.
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