Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
IPO
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Smartworks Coworking Spaces Set for ₹5.5 Billion IPO, Supported by Top Legal Teams0
- Industry News
- September 10, 2024
Smartworks Coworking Spaces is launching a ₹5.5 billion IPO, including an offer to sell 6.7 million equity shares. Legal counsel from Khaitan & Co and Economic Laws Practice (ELP) oversees the process, marking a significant milestone for Smartworks as it expands in India’s growing coworking industry.
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Smartworks Files for IPO, Signaling Ambitious Growth Plans in India’s Coworking Sector0
- Industry News
- September 6, 2024
Smartworks, a major coworking space provider in India, has filed for an IPO with SEBI to fuel its expansion. Founded in 2016, the company aims to raise capital to enhance its offerings, reflecting the growing demand for flexible workspaces as coworking becomes a mainstream segment in Indian real estate.
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Smartworks Secures 6 Lakh Sq. Ft. Office Space in Pune’s Balewadi, Strengthening Presence Ahead of IPO0
- Industry News
- September 4, 2024
Smartworks has leased 6.13 lakh sq. ft. of office space in Pune’s Balewadi for Rs 4.48 crore per month, expanding its Pune portfolio to over 3 million sq. ft. This move strengthens Smartworks’ presence ahead of its upcoming IPO, as it continues to lead in the Indian flexible workspace sector.
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Smartworks Reports ₹50 Crore Loss Ahead of IPO Launch0
- Industry News
- August 23, 2024
Smartworks Coworking Spaces reported a ₹50 crore loss for FY 2023-24 despite a 50% reduction from the previous year. As it prepares for an IPO, the company plans to use the funds for expansion and debt repayment, aiming to achieve profitability amid India’s recovering coworking market.
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Smartworks Transitions to Public Company Amid IPO Plans0
- Industry News
- July 19, 2024
Smartworks has transitioned to a public company, aiming for an IPO. Following a $20 million funding round, its name changed to Smartworks Coworking Spaces Limited. With 41 centres across 13 cities, the company nearly doubled its revenue to ₹744 crore in FY23. Key stakeholders include NS Niketan LLP.
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BHIVE Workspace Eyes IPO Within Two Years0
- Industry News
- July 1, 2024
BHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
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Latest Posts
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Table Space Targets $2.5B Valuation in Anticipated IPO
- Industry News
- October 17, 2024
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Coworking Boom Spurs IPO Rush Amid Investor Enthusiasm
- Industry News
- September 23, 2024
Top Authors
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Flexinsights
ADMINISTRATOR
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Siddhant Sharma
AUTHOR
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Piyush
ADMINISTRATOR
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Karnn Chauhan
AUTHOR
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
India
Latest Posts
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Coworking Spaces Thrive as Hybrid Work Fuels Demand
- Industry News
- November 21, 2024
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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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