About ABL Workspaces
ABL Workspaces is a Real Estate & Construction company based in Delhi (India) founded in 2017 by Kautilya Pundir and Ankur Gupta. Managed co-working spaces are provided with flexible booking options. ABL Workspaces has raised $4.2 million across 6 funding rounds from investors including Ethic, Wurk and Ethik Eco-Design Hub. ABL Workspaces was last valued at $15.46 million in November 2021. Its chief executive, as recorded, is Ankur Gupta. Its Indian entity Abl Workspaces Private Limited reported revenue of ₹44.1 Lakh. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include BHIVE Workspace, IndiQube and DevX; 3 of its 3 listed competitors have raised funding.
Company details
ABL was established in 2017 in Delhi, India, as a provider in the co-working sector. Managed workspaces are offered, including hot desk bookings, dedicated desks, office suites, and private offices. Operations focus on facilitating access to shared professional environments for various user needs. The company serves the Indian market, emphasizing practical workspace solutions in urban settings.
- Headquarters Delhi, India
- Founders Kautilya Pundir, Ankur Gupta
- Stage Minicorn
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website ablworkspaces.com
- Social LinkedIn X Facebook
- Legal Name Abl Workspaces Private Limited
- Date of Incorporation 19 Dec, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹44.1 Lakh
FY 2023 · -76% YoY
- Net Loss-₹1.17 Cr
FY 2023 · -265% margin
- EBITDA-₹73.5 Lakh
FY 2023 · -167% margin
- Total Equity Funding$4.2M (USD)
in 6 rounds
- Latest Funding Round$2.01M (USD), Series A
Nov 2021
- InvestorsEthic
& 6 more
Associated legal entities of ABL Workspaces
ABL Workspaces operates through Abl Workspaces Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Abl Workspaces Private Limited CIN U70100DL2017PTC327396 | Active | 19 Dec 2017 | New Delhi, Delhi | ₹0.4 Cr | 134 | 2 | View details |
Funding Insights of ABL Workspaces
ABL Workspaces has successfully raised a total of $4.2M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.01 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.2M
- Total Rounds 6
- Last Round Series A — $2.01M
- First Round $141,416
(Aug 2018)
- Investors Count 7
All 6 funding rounds of ABL Workspaces with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $2.01M | Series A | $15.46M | Ethic | |
| Feb 2021 | $684,891 | Seed | $8.7M | Wurk | – |
| Sep 2020 | $736,809 | Seed | $••••• | Wurk, Jyoti Bihani | – |
| Feb 2020 | $411,413 | Seed | – | Wurk | |
| Jul 2019 | $217,391 | Angel Round | $••••• | Jyoti Bihani | |
| Aug 2018 | $141,416 | Angel Round | $••••• | Deepak Goel | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $15.46M | •••••••• |
| Feb 2021 | $8.7M | •••••••• |
| Sep 2020 | $••••• | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| Aug 2018 | $••••• | •••••••• |
Full valuation and stage history of ABL Workspaces
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $15.46M (Nov 2021). 7 investors in total: 4 institutional and 3 angel.
Investors in ABL Workspaces
ABL Workspaces has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Ethic, Wurk and Ethik Eco-Design Hub.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A digital platform focused on eco-friendly fashion and lifestyle is operated. | ethik-bgc.ca | Canada | ||
Provider of investment management services | 2015 | ethic.com | New York, United States | |
HR management platform is provided for the cannabis industry. | 2015 | enjoywurk.com | Denver, United States | |
Financial services encompassing wealth management and investment banking in Chicago. | greatpointcapital.com | |||
JB Jyoti Bihani | unknown_e0537e5c8f764bb09 | |||
SV S Vijay Gupta | unknown_e640092c25c4416ea | |||
DG Deepak Goel | Angel investor, ex-CTO of Hike, focused on tech startups | unknown_f75be2139dd840788 |
Investor details for ABL Workspaces
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Abl Workspaces Private Limited (ABL Workspaces)
Abl Workspaces Private Limited is the primary company behind ABL Workspaces. The board of Abl Workspaces Private Limited currently have 2 directors; the longest-serving is Ankur Gupta, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankur Gupta DIN 00469331 | Director | 19 Dec 2017 | 8 yrs 10 mo | Abl Workspaces Private Limited |
| Satish Ranjan Kumar DIN 10215503 | Additional Director | 06 Aug 2024 | 2 yrs 2 mo | Abl Workspaces Private Limited |
People of ABL Workspaces
2 people are tracked at ABL Workspaces (2 in leadership).
| Name | Role | Group |
|---|---|---|
Kautilya Pundir | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for ABL Workspaces
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of ABL Workspaces
Figures of Abl Workspaces Private Limited, the primary company behind ABL Workspaces, for FY 2023. Revenue was ₹44.1 Lakh (-76% year on year). Net loss was -₹1.17 Cr (-265% margin). EBITDA was -₹73.5 Lakh (-167% margin). Revenue has grown at a compounded annual rate of -62% over three years and +77% over five years.
- ₹44.1 LakhRevenue · FY 2023 · -76% YoY
- -₹1.17 CrNet loss · -265% margin
- -₹73.5 LakhEBITDA · -167% margin
- ₹1.8 LakhPaid-up capital
- 134Employees (provident fund records)
- -62%Revenue CAGR, 3 years
- +77%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Abl Workspaces Private Limited are on its company page.
Detailed financial statements for ABL Workspaces
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of ABL Workspaces
4 dated milestones of ABL Workspaces across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ABL Workspaces is founded.
- Funding First funding round of $141K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.0M.
Competitors of ABL Workspaces
ABL Workspaces has 3 listed competitors in our database, 3 of them funded. They include BHIVE Workspace, IndiQube and DevX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bhiveworkspace.com | 2014 | Bengaluru, India | $3.09M | 322 | Flexible workspace solutions, including coworking and managed offices, are offered. | |
| indiqube.com | 2015 | Bengaluru, India | $44.96M | 2,190 | Flexible workspace solutions are provided for enterprises, startups, and SMBs. | |
| devx.work | 2017 | Ahmedabad, India | $16.16M | 79 | Managed office spaces and coworking environments are provided for businesses. |
Detailed competitors of ABL Workspaces
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of ABL Workspaces
Websites that share an audience with ABL Workspaces (ablworkspaces.com).
Websites whose visitors overlap most with ABL Workspaces. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
thefortunespaces.com | thefortunespaces.com | 100% | – | ||
| triggerxchange.com | 92% | View details | |||
officeon.in | officeon.in | 84% | #6,763,402 | – |
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as ABL Workspaces (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
A platform for residential property buying is facilitated by PropTiger. | 2011 | Gurugram, Haryana, India | USD 99 M |
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Related news about Abl Workspaces
Complete news archive for ABL Workspaces
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about ABL Workspaces
ABL Workspaces was founded in 2017 and raised its 1st funding round 1 year after it was founded.
ABL Workspaces is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ankur Gupta is the CEO of ABL Workspaces, as recorded in our data. They have also founded this company.
ABL Workspaces is a funded company, having raised a total of $4.2M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $141.42K, raised on Aug 2018.
The primary company behind ABL Workspaces, Abl Workspaces Private Limited, reported revenue of ₹44.1 Lakh for FY 2023, down 76% year on year.
ABL was established in 2017 in Delhi, India, as a provider in the co-working sector. Managed workspaces are offered, including hot desk bookings, dedicated desks, office suites, and private offices. Operations focus on facilitating access to shared professional environments for various user needs. The company serves the Indian market, emphasizing practical workspace solutions in urban settings.
ABL Workspaces's top competitors include IndiQube, DevX and BHIVE Workspace.
ABL Workspaces has 7 investors. Key investors include Ethic, Wurk, Ethik Eco-Design Hub, Jyoti Bihani, and Great Point Capital.
The valuation of ABL Workspaces is $15.46M as of Nov 2021.
ABL Workspaces operates through Abl Workspaces Private Limited.
The legal entities of ABL Workspaces currently have 2 directors, including Satish Ranjan Kumar, Ankur Gupta.