Managed workspace provider Table Space has named Ashwin Chandrasekar as its Chief Information & Technology Officer as it moves closer to a planned IPO. The appointment follows several leadership changes and comes as the company continues expanding its enterprise workspace footprint across India while preparing for a public markets debut.
India’s managed workspace sector is witnessing another significant leadership move as Table Space has appointed Ashwin Chandrasekar as its Chief Information & Technology Officer (CITO). The appointment comes at a crucial time for the flexible workspace operator, which is actively preparing for a public listing. Chandrasekar brings more than two decades of experience spanning technology leadership, artificial intelligence, digital transformation, and product engineering. Before joining Table Space, he served as Chief Technology Officer at Third Wave Coffee. His appointment reflects the growing importance of technology-driven operations in the enterprise workspace-as-a-service (WaaS) market, where efficiency, data intelligence, and seamless user experiences have become key differentiators.
Focus on Analytics, Automation and Workplace Experience
Sharing his priorities for the role, Chandrasekar said he will focus on enhancing operational efficiency, improving business controls, scaling processes, and enabling stronger decision-making through analytics and enterprise data strategies. He also highlighted the importance of workplace technology for end users, stating, “Additionally, a significant part of my focus will also be on end-user technology: making everyday workplace experiences smoother, more seamless, and more intuitive — from access to workflows to the digital touchpoints employees interact with every day.” His mandate signals Table Space’s intent to strengthen both backend operations and customer-facing technology as enterprises increasingly demand smarter, digitally enabled work environments.
IPO Plans Continue to Advance
The leadership appointment coincides with ongoing efforts to advance the company’s IPO roadmap. Earlier this year, the company approved a pre-IPO private placement of ₹200 crore, representing approximately 20% of the planned fresh issue component. Based on regulatory filings, this suggests a potential fresh issue size of around ₹1,000 crore, alongside an expected offer-for-sale component. While the company has secured board and shareholder approvals for the listing, the exact IPO timeline and final issue size remain undisclosed. Table Space has been exploring public market opportunities since 2024, although the listing process has taken longer than initially anticipated.
Building Scale Amid Organisational Evolution
The company has also undergone significant leadership restructuring over the past year. Following the passing of founder Amit Banerji in January 2025, cofounders Karan Chopra and Kunal Mehra assumed the role of co-CEOs. Later, both executives were appointed whole-time directors, with Chopra also taking on the position of chairman. These changes have helped shape the company’s next phase of growth and governance ahead of its entry into the public markets.
Founded in 2017, Table Space has grown into one of India’s major enterprise workspace providers, operating more than 80 centres across eight cities and managing over 11 million square feet of workspace inventory. The company serves more than 425 clients through its managed offices and ready-to-move-in suite offerings. Financially, operating revenue rose 51% year-on-year to ₹1,360 crore in FY25, while the company reported a net loss of ₹1,561 crore, largely due to a one-time accounting adjustment. With fresh technology leadership now in place, Table Space appears focused on strengthening its digital capabilities while positioning itself for its next chapter as a publicly listed flexible workspace company.
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