What is Smartworks?
Founded in 2016, Smartworks has established itself as India's largest provider of agile workspaces, managing a vast portfolio exceeding 4 million square feet across 31 locations in 9 major cities. The company differentiates itself through a unique blend of hospitality-driven service, advanced technology integration, and thoughtful design, catering to a diverse clientele that includes large-scale enterprises, SMEs, and established startups. Unlike many competitors in the flexible office space market, Smartworks has achieved the rare milestone of profitability, a testament to its disciplined business model and focus on member productivity. Its core philosophy, Workspaces that work for you, drives its mission to create environments that foster collaboration and operational excellence.
How much funding has Smartworks raised?
Smartworks has raised a total of $45M across 2 funding rounds:
Series A
$25M
Other Financing Round
$20M
Series A (2019): $25M with participation from Keppel Land
Other Financing Round (2024): $20M led by Ananta Capital and Keppel Corporation
Key Investors in Smartworks
Ananta Capital
Ananta Capital is a venture capital firm that partners with founders and enterprises as patient long-term investors, focusing on unlocking their full potential through multiple business cycles.
Keppel Corporation
Keppel Corporation is a Singapore-based multinational providing solutions for sustainable urbanisation, with a strong focus on urban development, energy, and asset management.
Keppel Land
Keppel Land is a subsidiary of Keppel Corporation, specializing in property development and investment with a focus on creating sustainable urban spaces.
What's next for Smartworks?
Looking ahead, the strategic deployment of this capital will likely focus on expanding the company's geographic reach and deepening its technological capabilities to meet the shifting demands of the modern workforce. As enterprises continue to re-evaluate their real estate footprints in favor of flexibility and high-performance environments, Smartworks is well-positioned to capture additional market share. The company's focus on sustainable growth and operational excellence suggests a future trajectory centered on enhancing the member experience through data-driven insights and premium amenities. By leveraging its existing footprint and strong investor partnerships, Smartworks is poised to remain at the forefront of the commercial real estate transformation in India, setting new benchmarks for productivity and workplace design.
See full Smartworks company page
