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Industry News

GCCs, AI, Fintech Propel India’s Flex Office Surge 0
- Industry News
- September 1, 2025
Enzyme Offices, a leader in flexible workspaces, aims to double its revenue in FY26 and hit ₹200 crore ARR by FY27—driven by soaring demand from Global Capability Centres (GCCs), AI, and fintech companies. With major expansion plans and the flex space market capturing a record share of Indian office leasing, tech and global clients are shaping the segment’s growth trajectory. Growth Catalysts for Flex Spaces.
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Nairobi’s Co-Working Spaces Struggle as Restaurants Become Budget Workplaces 0
- Industry News
- September 1, 2025
A decade ago, Nairobi’s co-working hubs symbolised a new era of innovation, but economic shifts and high workspace costs now see the city’s founders turning to restaurants and cafés as more practical alternatives.
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WTC Tower Boosts Visakhapatnam’s MedTech Startup Ecosystem 0
- Industry News
- September 1, 2025
The World Trade Centre (WTC) Tower, newly launched within the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam, is set to transform healthcare innovation in India. By doubling the capacity of MedTech startups and offering advanced support facilities, this development is positioning Visakhapatnam as a central hub for global MedTech progress.
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WeWork India Posts First Profit of ₹128 Crore in FY25 Fueled by Deferred Tax Gains 0
- Industry News
- August 29, 2025
WeWork India achieved a major financial milestone in FY25 by reporting its first-ever profit after tax (PAT) of ₹128.2 crore, a significant turnaround from the ₹135.7 crore loss recorded in FY24. This profitability was largely driven by a substantial deferred tax gain of ₹285.7 crore, which offset the operational losses the company otherwise would have incurred. The company’s operating revenue grew by 17% year-on-year, reaching ₹1,949.2 crore, reflecting robust demand for flexible workspace solutions across India. As WeWork India prepares for its upcoming IPO with SEBI approval in hand, the company aims to capitalise on rising investor interest in the coworking sector.
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FUJIFILM India Unveils New State-of-the-Art Office in Gurugram 0
- Industry News
- August 29, 2025
FUJIFILM India has launched a 56,000 sq. ft office space in Gurugram’s DLF Cyber City, designed to foster collaboration, customer experience, and business expansion, supporting 350 workstations across its four major business segments.
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TCS Inks ₹2,130 Crore, 15-Year Lease for Massive Bengaluru Office 0
- Industry News
- August 29, 2025
Tata Consultancy Services (TCS) has signed a major ₹2,130 crore agreement for a 15-year lease of 1.4 million square feet in Bengaluru’s Electronic City, marking one of the city’s largest office deals in recent years. This move reinforces the IT giant’s expansion ambitions, boosts Bengaluru’s reputation as an IT powerhouse, and provides clear signals about the direction of India’s commercial real estate market.
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