Coworking

Smartworks' Pre-IPO Performance: Revenue Soars 32% to ₹1,374 Crore, But Losses Widen to ₹63 Crore

Smartworks, an IPO-bound coworking major, reported a 32% revenue surge to ₹1,374 crore in FY25, but net losses widened to ₹63 crore. As it prepares for a July 10 IPO, the company aims to reduce expenses and achieve profitability. Funds will fuel expansion and debt repayment in India's growing flexible workspace market.

UrbanVault Accelerates Growth in Gurugram with Two New Coworking Hubs, Commits ₹100 Crore for FY26 Expansion

UrbanVault launches two new coworking centers in Gurugram, adding 35,000 sq ft and 700 seats. This strategic expansion into Delhi-NCR is backed by a committed investment of ₹100 crore for FY26 to fuel pan-India growth. The move capitalizes on surging demand for flexible workspaces, particularly in Gurugram's thriving office market.