India Accelerator has acquired co-working operator MySOHO, stepping up its ambition to offer seamless, founder-centric workspace solutions for startups. The move is part of a larger vision to rapidly expand the footprint and enhance value for the startup network.
Acquisition Details and Context
India Accelerator (IA) has finalised the acquisition of MySOHO, a coworking company with 18 centres operational across 8 Indian cities. While the specific deal value remains undisclosed, the acquisition is structured as a cash-equity deal.
MySOHO, founded by Tushar Mittal, Ashu Kapoor, and Navneet Gill, currently manages over 90,000 sq. ft. of workspace, offering approximately 1,800 desks with a near 90% overall occupancy.
Ashish Bhatia, CEO of India Accelerator, commented, “The acquisition of MySOHO marks an important step forward in our journey to become a full-stack partner for startups. Founders need more than capital and mentorship – they need ecosystems that fuel creativity, collaboration, and resilience.”
Ambitious Growth and Ecosystem Vision
Post-acquisition, India Accelerator has laid out plans to scale aggressively, setting a target to expand to 45+ coworking hubs across 30+ cities. The future network is projected to cover over 6,25,000 sq. ft. of workspace, accommodating 12,500 seats and establishing an extensive presence in India’s coworking landscape.
Each hub is envisioned as a holistic ecosystem, offering startup mentorship programs, investor connect events, and specialised clinics tailored for founders. This founder-centric focus positions India Accelerator as a unique full-stack partner for emerging businesses.
Flexible Office Market Trends
Industry data from Cushman & Wakefield highlights that India leads the APAC region in flexible office space, with 79.7 million sq. ft. of supply across the top eight cities as of June 2025. The broader coworking sector is projected to reach 85 million sq. ft. by December 2025 and surpass 100 million sq. ft. by 2026, signalling robust sectoral momentum.
The FlexInsights Take
India Accelerator’s acquisition of MySOHO comes at a time when the market’s appetite for flexible, community-rich workspaces is at an all-time high. By combining capital, mentorship, and founder-first community efforts, IA seeks to set a new benchmark for startup-centric coworking in India. Expect more consolidation and experiential upgrades as this sector matures rapidly.
