Jan 17, 2024

Smartworks: Unveiling the Journey of 2023

Office Spaces

Growth is never by mere chance; it is the result of forces working together. 
As we have bid farewell to a transformative year, 2023 will stand firm in the history of Smartworks as a period of unparalleled success and expansive growth. Being the largest platform for managed office space in India, Smartworks has lived up to the expectations of enterprises. We take immense pride in reflecting on the journey we embarked on during all these years. By providing workspaces tailored to the diverse needs of businesses, we exemplified our commitment to leading innovations in this evolving CRE landscape. 

The Tapestry of Success: Pivotal Moments and Achievements in 2023 

With each milestone defining our path to ultimate success, there is so much to share and be proud of. Let's take a closer look at the pivotal achievements that propelled us to new heights in 2023. 

1. Expanding Horizons

Smartworks has always been synonymous with innovation and scale, and 2023 was no exception. We achieved a stunning peak of success as our total footprint expanded to a staggering ~8 million square feet, encompassing both operational and pipeline spaces.  Also, we are now operating in 14 cities, adding Kochi and Coimbatore to our portfolio, with an impressive seat capacity of ~160,000 across India. This strategic move helped us to align with our vision of being at the forefront of providing managed workspace solutions where businesses can scale up their operations with ease. 


2. Supply Milestone

We achieved a significant milestone with over 2 million square feet of supply signed. This incredible feat not only underscored agility and responsiveness to market needs but also cemented our position as the preferred choice for enterprises seeking innovative and scalable office solutions. 


3. 150+ Enterprise Clients and 2x Revenue  

The addition of new cities and the influx of over 150+ new enterprise clients showcase the trust and dominance we command in the market. On top of that, 2x revenue growth further emphasises the effectiveness of our business model and the value we bring to our clients. 

4. Introduction of Facial Recognition

For us, 2023 was not only about expansion and growth but was also about innovation and engagement. We introduced FR (Facial Recognition) for access and food ordering to enhance convenience and safety for our clients and their employees. This transformative step reflects our dedication to leveraging technology for a seamless workspace experience. 


5. Awards & Accolades

With a robust foundation built on innovation, technology, and business-centric solutions, Smartworks bagged over a dozen industry awards and accolades in 2023. Alongside our founders, Smartworks clinched numerous awards for shaping the present and future of work and workspaces in India.  


Smartworks Journey 2023


6. Insights, Interviews & Podcasts

Our team’s relentless dedication is clearly reflected in the accolades and industry acknowledgement received. Speaking of industry recognition, we cannot overlook the co-branded insights, interviews, and podcasts that played a prominent role in establishing Smartworks as a formidable force in 2023. 

  • Smartworks published a detailed co-branded report with JLL called India’s Flex Space Market: FY23 Analysis. 

  • Our founders were featured in an exclusive interview with Pulkit Bakshi (Head of CBRE Flex Cast) at Smartworks World’s Largest Flex Space Campus in Bangalore called VTP.  Watch it here: Episode 1 , Episode 2

  • Smartworks interview (The Workspace Discoveries) with NDTV featured Neetish Sarda and Harsh Binani. Watch it here: The workspace Discoveries

  • Harsh Binani shared his valuable insights on the growth of flexible workspaces with Red FM 93.5. Listen it here : The Game Changer

7. Launched Proprietary Design & Build Platform

Smartworks, ever at the forefront of innovation, has raised the bar yet again by introducing the proprietary Design & Build Platform. In line with our commitment to excellence, we launched this platform to provide tailored workspace designs powered by cutting-edge prop-tech solutions. Here, our vision is to elevate the overall workplace experience by integrating advanced technology with modern designs that resonate with the dynamic needs of new-age businesses. 

Besides achieving remarkable growth, our strength lies in fostering a vibrant community. Last year, we frequently hosted sports and gaming fests, engaging flea markets, and other events to create an ecosystem that goes beyond traditional offices. This has promoted active participation and created an environment where people don’t just work; they thrive. 
Transitioning into 2024, we look forward to serving offshore and domestic enterprises with the same dedication, continuously striving to improve our services and contribute to the success of businesses. We will carry the momentum of this phenomenal growth, anticipating even more extraordinary achievements. With our campus-scale managed solutions, we will persist in nurturing and propelling the ambitions of companies toward sustained growth and success.

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