Smartworks raises Rs 1.68 bn to expand flexible office solutions

03 Jul 2024 CW Team

Smartworks, a leading provider of flexible office spaces, has successfully raised Rs 1.68 billion in a funding round led by Keppel Corporation. This investment is aimed at accelerating Smartworks' expansion plans across India and enhancing its portfolio of smart and scalable workspace solutions.

The funding round, which also saw participation from existing investors, underscores confidence in Smartworks' business model and growth trajectory amidst the evolving workspace dynamics post-pandemic. Smartworks is known for its innovative approach to coworking spaces, offering tailored solutions that cater to the diverse needs of businesses and professionals.

The fresh capital infusion will be utilised to bolster Smartworks' presence in key markets, including Tier-II cities, and to enhance its technological capabilities. This includes integrating smart technologies and sustainable practices within its workspace offerings, aligning with global trends towards flexible and efficient work environments.

Smartworks' expansion comes at a time when the demand for flexible office spaces is on the rise, driven by a shift towards hybrid work models and increased focus on employee well-being and productivity. The company aims to leverage this funding to further strengthen its market position and meet the growing demand for flexible workspace solutions in India.

Overall, the funding represents a significant milestone for Smartworks as it continues to innovate and expand its footprint in India's dynamic commercial real estate sector.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..