Innov8 to Add 11,000 New Seats Across India in FY26

25 Jul 2025 CW Team

In the western region, over 5,500 seats will be added across existing and upcoming centres in Mumbai, covering locations such as Andheri East, Ghatkopar, Vikhroli, Lower Parel, Navi Mumbai, and Thane. In Pune, expansion will focus on Baner, Viman Nagar, and the Central Business District.

In southern India, Innov8 plans to introduce over 4,500 seats across Hyderabad, Bengaluru, and Chennai. The expansion will target key business districts including Hi-Tech City and the Financial District in Hyderabad; Outer Ring Road and CBD in Bengaluru; and OMR, Pallavaram–Thoraipakkam Road, and CBD in Chennai. The remaining seats will be added across Delhi, Gurgaon, and Noida.

Innov8’s centres are designed for productivity and comfort, featuring contemporary interiors, ergonomic furniture, wellness areas, meeting zones, and collaborative spaces. Centres are equipped with high-speed internet, secure access, and AV infrastructure, serving clients such as Honda Motors, BBC, PhonePe, Ola, Swiggy, MSL India, CSB Bank, Innomotics India, and others.

“We are optimistic about Innov8’s growth trajectory for FY26. Our focus on operational excellence and customer-centric innovation has fueled robust profitability and expansion in recent years. We have consistently maintained occupancy rates above 90 per cent. This momentum, underpinned by our asset-light model and strategic partnerships, gives us confidence as we continue our nationwide expansion drive,” said Pankhuri Sakhuja, Business Head, Innov8.

The announcement comes on the heels of a successful fundraising round supported by leading investors and the launch of some of Innov8’s largest centres in Navi Mumbai and Andheri. The company is set to double its pan-India presence.

Innov8 has also forayed into managed office spaces and aims to add 4 million sq. ft. across India in the next three years. The growth will focus on Grade A buildings, offering premium infrastructure and high-end amenities to clients.

Founded in 2015 by Dr Ritesh Malik, Innov8 currently operates across 11 Indian cities including Delhi, Gurgaon, Noida, Mumbai, Pune, Chennai, Bengaluru, Ahmedabad, and Hyderabad.

Innov8, one of India’s leading flex space providers, has announced plans to add 11,000 new seats across the country in FY26. The expansion will primarily focus on commercial hubs in the western and southern regions, addressing the growing demand for flexible workspace solutions from startups, enterprises, and remote professionals. In the western region, over 5,500 seats will be added across existing and upcoming centres in Mumbai, covering locations such as Andheri East, Ghatkopar, Vikhroli, Lower Parel, Navi Mumbai, and Thane. In Pune, expansion will focus on Baner, Viman Nagar, and the Central Business District. In southern India, Innov8 plans to introduce over 4,500 seats across Hyderabad, Bengaluru, and Chennai. The expansion will target key business districts including Hi-Tech City and the Financial District in Hyderabad; Outer Ring Road and CBD in Bengaluru; and OMR, Pallavaram–Thoraipakkam Road, and CBD in Chennai. The remaining seats will be added across Delhi, Gurgaon, and Noida. Innov8’s centres are designed for productivity and comfort, featuring contemporary interiors, ergonomic furniture, wellness areas, meeting zones, and collaborative spaces. Centres are equipped with high-speed internet, secure access, and AV infrastructure, serving clients such as Honda Motors, BBC, PhonePe, Ola, Swiggy, MSL India, CSB Bank, Innomotics India, and others. “We are optimistic about Innov8’s growth trajectory for FY26. Our focus on operational excellence and customer-centric innovation has fueled robust profitability and expansion in recent years. We have consistently maintained occupancy rates above 90 per cent. This momentum, underpinned by our asset-light model and strategic partnerships, gives us confidence as we continue our nationwide expansion drive,” said Pankhuri Sakhuja, Business Head, Innov8. The announcement comes on the heels of a successful fundraising round supported by leading investors and the launch of some of Innov8’s largest centres in Navi Mumbai and Andheri. The company is set to double its pan-India presence. Innov8 has also forayed into managed office spaces and aims to add 4 million sq. ft. across India in the next three years. The growth will focus on Grade A buildings, offering premium infrastructure and high-end amenities to clients. Founded in 2015 by Dr Ritesh Malik, Innov8 currently operates across 11 Indian cities including Delhi, Gurgaon, Noida, Mumbai, Pune, Chennai, Bengaluru, Ahmedabad, and Hyderabad.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..