About Awfis
Awfis is a company based in Delhi (India) founded in 2015 by Amit Ramani. Awfis has raised $147.74 million across 11 funding rounds from investors including Havells, Peak XV Partners and Link REIT. The company has 1,060 employees. Awfis operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Annual Revenue₹1,261 Cr
FY 2025 · +44% YoY
- Net Profit₹67.87 Cr
FY 2025 · 5% margin
- EBITDA₹402 Cr
FY 2025 · 32% margin
- Total Equity Funding$147.74M (USD)
in 11 rounds
- Latest Funding Round$41.38M (USD), Series F
Jun 2023
- InvestorsHavells
& 27 more
- Employee Count1,060
Associated legal entities of Awfis
Awfis operates through Awfis Space Solutions Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Awfis Space Solutions Limited Listed CIN L74999DL2014PLC274236 | Active | 17 Dec 2014 | New Delhi, Delhi | ₹1,261 Cr | 3,297 | 11 | View details |
Apps and channels of Awfis
Awfis publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Awfis
Awfis has successfully raised a total of $147.74M across 11 strategic funding rounds. The most recent funding activity was a Series F round of $41.38 million completed in June 2023. 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 $147.74M
- Total Rounds 11
- Last Round Series F — $41.38M
- First Round $4.07M
(Jun 2015)
- Investors Count 28
Latest 10 of 11 funding rounds of Awfis 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 |
|---|---|---|---|---|---|
| Jun 2023 | $41.38M | Series F | $225.68M | VBAP, Divis Properties | |
| Jun 2022 | $15.4M | Series E | $119.99M | Ashish Kacholia | |
| May 2020 | – | Debt – Conventional | – | – | |
| May 2020 | $10.65M | Series D | $••••• | Bisque | |
| May 2019 | $30M | Series D | $••••• | ChrysCapital, Bisque | |
| Jul 2018 | $20M | Series C | $••••• | Radha Kapoor, Sequoia Capital | |
| Jul 2018 | – | Debt – Venture | – | – | |
| Apr 2017 | $20M | Series B | $••••• | Peak XV Partners | |
| Feb 2017 | $1.33M | Series A | $••••• | Rab Enterprises India | – |
| Jul 2016 | $4.91M | Series A | $••••• | Rab Enterprises India | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $225.68M | •••••••• |
| Jun 2022 | $119.99M | •••••••• |
| May 2020 | $••••• | •••••••• |
| May 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Apr 2017 | $••••• | •••••••• |
| Feb 2017 | $••••• | •••••••• |
| Jul 2016 | $••••• | •••••••• |
Full valuation and stage history of Awfis
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $225.68M (Jun 2023). 28 investors in total: 17 institutional and 11 angel.
Investors in Awfis
Awfis has secured backing from 28 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Havells, Peak XV Partners and Link REIT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
An alternative investment fund focused on Indian markets is managed. | – | emergecapital.co | Mumbai, India | |
Investment firm focusing on private equity in sectors like financial services and healthcare. | 1999 | chryscapital.com | - | |
- | – | thethreesistersinstitutionaloffice.tcc.mode | - | |
Provider of interior design services | – | bisque.co.uk | London, United Kingdom | |
- | – | vpgrp.in | - | |
Electrical equipment for domestic and industrial applications is manufactured. | 1983 | havells.com | Noida, India | |
- | – | abrfo.com | - |
Investor details for Awfis
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Board of directors of Awfis Space Solutions Limited (Awfis)
Awfis Space Solutions Limited is the primary company behind Awfis. The board of Awfis Space Solutions Limited currently have 7 directors; the longest-serving is Amit Ramani, appointed in 2014. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Ramani DIN 00549918 | Managing Director | 17 Dec 2014 | 11 yrs 9 mo | Awfis Space Solutions Limited |
| Radhika Gokul Jaykrishna DIN 01851034 | Director | 03 Dec 2023 | 2 yrs 10 mo | Awfis Space Solutions Limited |
| Anil Parashar DIN 00055377 | Director | 03 Dec 2023 | 2 yrs 10 mo | Awfis Space Solutions Limited |
| Sanjay Mahesh Shah DIN 00375679 | Director | 03 Dec 2023 | 2 yrs 10 mo | Awfis Space Solutions Limited |
| Rajesh Kharabanda DIN 01495928 | Director | 04 May 2024 | 2 yrs 5 mo | Awfis Space Solutions Limited |
| Sumit Lakhani DIN 10355402 | CEO | 26 May 2025 | 1 yr 4 mo | Awfis Space Solutions Limited |
| Abhishek Poddar DIN 00031175 | Additional Director | 01 Jul 2026 | 3 mo | Awfis Space Solutions Limited |
People of Awfis
41 people are tracked at Awfis (17 in leadership, 24 in team); the tracked headcount is 1,060.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Riyaz Mohamed | Assistant General Manager | Leadership |
Ravi Dugar | Chief Financial Officer | Leadership |
Deepayan Sen | Head, Real Estate & Leasing | Leadership |
Manu Dhir | COO | Leadership |
Maithili Chandrachud | Assistant Vice President Sales | Leadership |
Parul Seth | National Head - Business Development & Growth | Leadership |
Varun Chopra | Senior Vice President-real Estate & Leasing | Leadership |
Kamal Pandey | Director Of Business Development | Leadership |
Hitesh Miglani | Senior Vice President Of Sales | Leadership |
Geethapriya Arun | Senior Vice President | Leadership |
Gaurav Malik | Director Of Operations | Leadership |
Rajnish Kumar | General Manager | Leadership |
Deep Shekhar | Director - Real Estate & Leasing | Leadership |
Ruchi Vaidya | Senior Vice President | Leadership |
Sheen Skaria | Head - Corporate Administration & Founder And Ceo’s Office | Leadership |
Aditya Mukherjee | General Manager | Leadership |
Abhinav Jaiswal | Assistant Community Manager | Team |
Sarvesh Shukla | Technical Operations Manager | Team |
Pragati Sharma | Community Manager | Team |
21 more people are available in the full profile.
Complete people profiles for Awfis
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IPO & Listings of Awfis
Awfis is a publicly listed company on the NSE with ticker symbol AWFIS in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date30 May 2024
- Listed onBSE: 544181 · NSE: AWFIS
- Listed entityAwfis Space Solutions Limited
- Exchange sectorFinance
- ISININE108V01019
- Share price₹247.03 (+3.74% on the day) · 2026-10-09
- Market capitalisation₹1,769 Cr
- Price to earnings21.0
- EPS (diluted, trailing year)₹11.78
- Volume (last session)1,697,677
Financials of Awfis
Figures of Awfis Space Solutions Limited, the primary company behind Awfis, for FY 2025. Revenue was ₹1,261 Cr (+44% year on year). Net profit was ₹67.87 Cr (5% margin). EBITDA was ₹402 Cr (32% margin). Revenue has grown at a compounded annual rate of +65% over three years and +41% over five years.
- ₹1,261 CrRevenue · FY 2025 · +44% YoY
- ₹67.87 CrNet profit · 5% margin
- ₹402 CrEBITDA · 32% margin
- ₹71.56 CrPaid-up capital
- 3,297Employees (provident fund records)
- +65%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹1,493 Cr | ₹70.9 Cr | ₹557 Cr |
| 2024 | ₹1,208 Cr | ₹67.9 Cr | ₹407 Cr |
| 2023 | ₹849 Cr | -₹17.6 Cr | ₹247 Cr |
| 2022 | ₹545 Cr | -₹46.6 Cr | ₹160 Cr |
| 2021 | ₹257 Cr | -₹57.0 Cr | ₹68.9 Cr |
Balance sheet, profit and loss, cash flow and ratios of Awfis Space Solutions Limited are on its company page.
Detailed financial statements for Awfis
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Awfis
5 dated milestones of Awfis across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Awfis is founded.
- Funding First funding round of $4.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series F, of $41.4M.
- IPO Lists on the stock exchange (IPO).
Competitors of Awfis
Awfis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| 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. | |
| 91springboard.com | 2012 | Mumbai, India | $29.2M | 158 | Operator of shared workspaces, private offices, and virtual office solutions | |
| cowrks.com | 2015 | Bengaluru, India | – | 226 | Provider of flexible and customized coworking spaces | |
| isprout.in | 2016 | Hyderabad, India | $7.61M | 316 | Adaptable workspaces with amenities and collaborative features are offered. | |
| thecorporatedge.com | 2012 | Delhi, India | $12.5M | 62 | Operator of flexible workspaces, meeting rooms, virtual offices, and event spaces |
Detailed competitors of Awfis
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Web traffic of Awfis
The website of Awfis (awfis.com) receives about 94.9K visits a month.
- Monthly visits94.9K
▼ 17.6% vs previous month
Websites whose visitors overlap most with Awfis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| qdesq.com | 100% | 33K | #998,837 | View details | |
| altfcoworking.com | 86% | 23.1K | #1,042,591 | View details | |
| bhiveworkspace.com | 85% | 44.1K | #680,340 | View details | |
| executivecentre.com | 79% | 168.8K | #238,545 | View details | |
| aaddress.in | 76% | 1.7K | #9,508,476 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Awfis
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Latest news on Awfis
Complete news archive for Awfis
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Similar companies to Awfis
10 companies that operate in the same segment as Awfis (Real Estate Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | – | – | |
Real estate properties are discovered via an online portal. | 2006 | Singapore, Singapore | USD 689.51 M | – | – | |
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 200 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M | – | – | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 194.06 M | USD 28.9 M | 3,236 | |
Online listing platform for buying and selling residential and commercial properties | 2000 | Madrid, Madrid, Spain | USD 303.81 M | – | – | |
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 | |
An online listing platform for residential and commercial properties | 2008 | London, England, United Kingdom | USD 10.67 M | USD 112.51 M | 456 | |
Rental properties are brokered online for seekers and owners. | 2012 | Sao Paulo, Brazil | USD 753.94 M | – | – | |
Residential properties are listed and brokered through an online platform. | 2004 | Seattle, Washington, United States | USD 166.06 M | – | – |
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Frequently Asked Questions about Awfis
Awfis was founded in 2015.
Awfis is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Amit Ramani is the current CEO of Awfis. They have also founded this company.
Awfis is a funded company, having raised a total of $147.74M across 11 funding rounds to date. The company's 1st funding round was a Series A of $4.91M, raised on Jun 2015.
Awfis has 1,060 employees.
The primary company behind Awfis, Awfis Space Solutions Limited, reported revenue of ₹1,261 Cr for FY 2025, up 44% year on year.
Awfis was established in 2015 in Delhi, India, within the flexible workspace sector. Operations focus on delivering ready-to-move-in configurations for coworking spaces, virtual offices, and meeting rooms under flexible terms. Services include workspace design, construction, and management, alongside enterprise solutions. Mobility options such as day passes are extended to support varied user needs across the region.
Yes, Awfis is publicly traded on NSE under the ticker symbol AWFIS.
Awfis has 28 investors. Key investors include Havells, Peak XV Partners, Link REIT, InnoVen Capital, and Do IT Enterprises.
The valuation of Awfis is $225.68M as of Jun 2023.
Awfis operates through Awfis Space Solutions Limited.