Workie, a leading co-working space provider, has successfully raised INR 13 Cr ($1.5 Mn) in an equity funding round. This significant investment will fuel the company’s expansion plans and solidify its position as a dominant player in the burgeoning Indian co-working market.
The funding round witnessed participation from a distinguished list of investors, including the Sunil Singhania Family Office, NAV Capital, Mr. Raman Roy (Co-founder of Indian Angel Network and CMD of Quatrro), Dharmendra Jain (CFO of Yash Technologies), Gaurav Singhvi (Co-founder of Wefounder Circle), Sunil Singhvi (Leading Angel Investor), and other prominent names.
Founded in 2017 by Sawan Laddha, Workie has carved a niche for itself by transforming traditional commercial properties into flexible and cost-effective workspaces tailored to the evolving needs of modern businesses. The company’s unique approach resonates strongly with businesses of all sizes, from startups and SMEs to large enterprises.
The co-working sector has witnessed a remarkable resurgence post-pandemic, driven by a renewed focus on workplace flexibility and the increasing demand for efficient and affordable office solutions. As companies grapple with the challenges of finding suitable and cost-effective office spaces, Workie’s innovative model provides a compelling alternative.
“At Workie, we empower businesses to thrive without the constraints of traditional office leasing,” said Sawan Laddha, Founder and CEO of Workie. “Our clients benefit from enhanced flexibility, significant cost savings, and the opportunity to scale their operations rapidly.”
Workie’s client roster boasts a diverse range of industry leaders, including Zomato, Bajaj, Patanjali, Schneider, OYO, Firstsource Solutions, and WhiteOak. With a strong presence across 15+ cities, including Indore, Mumbai, Chennai, Pune, and Bangalore, the company currently manages over 15,000 seats across 10,00,000 square feet of prime commercial space.
Workie offers a comprehensive suite of solutions, ranging from fully furnished and managed offices to dedicated co-working spaces. This holistic approach enables businesses to minimize capital expenditure while enjoying access to modern, well-equipped workspaces that foster productivity and collaboration.
This latest funding round marks a significant milestone for Workie. The infusion of capital will enable the company to accelerate its expansion plans, penetrate new markets, and further enhance its service offerings. With a strong foundation, a proven track record, and the backing of influential investors, Workie is well-positioned to capitalize on the growing demand for flexible workspace solutions and solidify its position as a leader in the Indian market.
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