Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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- IPO
IndiQube Files ₹850 Crore IPO to Expand Flexible Workspace Portfolio0
- Industry News
- January 6, 2025
IndiQube files for a ₹850 crore IPO to fund expansion, debt repayment, and corporate needs. Managing 103 centers across 13 cities, the workspace provider reported ₹868 crore in revenue in FY24. Backed by WestBridge Capital, IndiQube targets India’s growing flexible workspace demand, projected to hit 124 million sq ft by 2027.
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EXCLUSIVE | IndiQube Takes a Major Step Towards IPO with Public Limited Transition0
- Industry News
- December 28, 2024
IndiQube transitioned to a public limited company, paving the way for its IPO. The coworking leader turned profitable in FY23 with ₹592.41 Cr in revenue and aims to raise ₹1,000–1,500 Cr to scale its dynamic growth.
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Smartworks Secures SEBI Approval for IPO Amid Rapid Expansion0
- Industry News
- December 16, 2024
Smartworks secures SEBI approval for its IPO, marking a key milestone in its expansion strategy. With 41 centres across 13 Indian cities and a recent entry into Singapore, the company reported ₹10.39 billion in revenue in FY24. Backed by Keppel Ltd., Smartworks plans to invest ₹2.38 billion in future growth.
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India’s Coworking Industry Surges Amid IPO Boom and Rising Demand0
- Coworking
- November 26, 2024
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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WeWork India Grows Revenue to Rs 1,665 Cr in FY24, Eyes IPO Amid Restructuring Challenges0
- Industry News
- November 12, 2024
WeWork India reported a 26.7% revenue growth to Rs 1,665 crore in FY24, reducing losses and achieving a strong EBITDA margin of 64.42%. Amid its global parent’s restructuring, WeWork India is considering an IPO with a $2-2.5 billion valuation, reflecting confidence in India’s flexible workspace demand.
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Awfis Seizes First-Mover Advantage with IPO Amidst Co-Working Boom0
- Industry News
- October 18, 2024
Awfis Space Solutions, a leading co-working provider in India, has gone public, leveraging its innovative profit-sharing model. Chairman Amit Ramani highlights investor confidence, growth in Tier II cities, and the rising demand for flexible workspaces as key drivers behind the company’s expansion, despite challenges posed by the pandemic and global competitors.
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Flexinsights
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Siddhant Sharma
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Karnn Chauhan
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Kushal Bhargava
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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Vatika towers, Golf course road, Gurgaon
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Leadership Posts
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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