India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

India’s Global Capability Centres (GCCs) drive demand for co-working spaces, embracing hybrid work models, cost efficiency, and sustainability. With growth expanding to tier-2 and tier-3 cities, co-working spaces offer scalable, tech-enabled, and tailored solutions. This trend opens opportunities for businesses and investors alike, redefining the future of workspaces.
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Explore India’s top 10 cities for remote work this winter, from Bengaluru’s tech hubs to Goa’s beachside coworking. With vibrant cultures, reliable internet, and inspiring settings, these destinations redefine work-life balance.
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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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Innov8 plans to raise ₹100 crore to double its coworking centres to 100 by next year. The funds will drive growth through acquisitions, partnerships, and tech upgrades. With 350+ brands and newly managed office ventures, Innov8 is positioned to lead India’s booming coworking sector amid rising demand for flexible workspaces.
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Coworking spaces are transforming India’s startup landscape by offering flexibility, cost-effective resources, and vibrant communities that foster collaboration. These spaces enable startups to scale seamlessly, connect with industry peers, and optimise resources for growth. As India’s entrepreneurial ecosystem evolves, coworking spaces drive innovation and business success.
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India’s coworking sector is booming, driven by hybrid work models, rising office rents, and IPO activity. Awfis, Smartworks, and DevX lead the IPO wave, while expansion into Tier-II and Tier-III cities signals future growth. Flexible workspaces now account for 15% of leasing, with demand projected to grow 60% by 2028.
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