What is Smartworks?
Founded in 2016, Smartworks has established itself as India's largest provider of agile workspaces, managing a portfolio exceeding 4 million square feet across 31 locations in 9 major cities. The company distinguishes itself through a holistic approach that integrates sophisticated design, hospitality-led services, and advanced technology to enhance the workplace experience. Unlike many competitors in the flexible office space sector, Smartworks has achieved profitability, a rare feat that highlights its sustainable business model and operational excellence. The firm caters to a diverse clientele, including large-scale enterprises and SMEs, by providing environments that prioritize employee productivity and organizational agility.
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 Keppel Corporation and Ananta Capital
Key Investors in Smartworks
Keppel Corporation
Keppel Corporation is a Singapore-based multinational specializing in sustainable urban development, energy, and connectivity, providing long-term asset management expertise.
Ananta Capital
Ananta Capital is a patient, long-term venture capital firm that partners with high-growth enterprises to unlock potential through strategic business development.
Keppel Land
Keppel Land is a premier property company that focuses on sustainable urban solutions and high-quality commercial real estate developments across Asia.
What's next for Smartworks?
With the recent injection of capital, Smartworks is well-positioned to accelerate its expansion strategy and further solidify its dominance in the Indian market. The company is expected to leverage these funds to enhance its technological infrastructure and potentially expand its footprint into emerging commercial corridors. By continuing to prioritize the 'Workspaces that work for you' philosophy, Smartworks aims to set new benchmarks for the office experience, ensuring that its member organizations remain productive in an increasingly hybrid work environment. The ongoing support from institutional investors suggests a strong confidence in the company's long-term vision for sustainable urban development and corporate real estate innovation.
See full Smartworks company page
