Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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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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Smartworks Expands with 450,000 Sq Ft Lease in Gurugram’s ASF Insignia Campus0
- Industry News
- October 23, 2024
Smartworks has leased 450,000 sq ft at Gurugram’s ASF Insignia Campus, expanding its flexible workspace offerings for SEZ and non-SEZ tenants. Zomato has leased 750 seats, and Smartworks plans further growth, including an IPO to raise ₹110 crore. The company reported ₹1,039 crore in revenue for 2023-24.
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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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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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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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