Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Green coworking spaces are revolutionising the industry by integrating sustainability into flexible workspaces. With eco-friendly designs, energy-efficient operations, and waste reduction strategies, these spaces minimise environmental impact while attracting eco-conscious clients. The hub-and-spoke model, smart energy use, and sustainable materials drive long-term cost savings and promote a greener future.
READ MOREIndia’s coworking industry is booming, with tier-2 and tier-3 cities driving expansion. Government initiatives, IPO listings, and rising demand for flexible workspaces fuel growth. Industry leaders predict a transformative phase, with hybrid work models, diversified services, and tech-driven innovations shaping the future of coworking in India.
READ MOREPratyush Pandey has resigned as CEO of Upflex India, a leading coworking marketplace. Upflex entered India in 2021 through a partnership with Anarock, expanding across multiple cities. Pandey, who played a key role in this expansion, confirmed his resignation but did not disclose his plans.
READ MOREIndia’s coworking sector experienced record growth in 2024, with operators renting 2.24 lakh seats across eight major cities, driven by corporate demand for managed offices. Bengaluru led, followed by Pune and Delhi-NCR. As enterprises embrace a ‘Core+Flex’ strategy, flexible workspaces are poised for further expansion.
READ MOREAlt.f coworking, a Gurgaon-based flexible office space provider, took centre stage on Shark Tank India Season 4, Episode 23, showcasing its innovative approach to coworking solutions. The company, founded by Sarthak Chhabra and Yogesh Arora, aims to bridge the gap for micro-businesses, startups, and entrepreneurs seeking affordable, stylish, and adaptable office spaces.
READ MOREInnov8, OYO’s flex space startup, raised ₹110 crore from investors like Mankind Pharma and Gauri Khan at a ₹1,000 crore valuation. The funds will fuel expansion, targeting 100 centres by 2025. With 90% occupancy and substantial profits, Innov8 is set to capitalise on India’s booming ₹9 billion flex workspace market.
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