About BHIVE Workspace
BHIVE Workspace is a Real Estate & Construction company based in Bengaluru (India) founded in 2014 by Prashant Reddy, Monnappa Muthappa Bayavanda, Avanthi Rao Paplikar, and Sheshagiri Rao Krishnakumar Paplikar. Flexible workspace solutions, including coworking and managed offices, are offered. BHIVE Workspace has raised $3.09 million across 8 funding rounds from investors including European Union, Alok Bajpai and Rajesh Mestha. The company has 158 employees. BHIVE Workspace has completed 1 acquisition, including Praemineo. BHIVE Workspace was last valued at $7.2 million in May 2018. Its chief executive, as recorded, is Sheshagiri Rao Krishnakumar Paplikar. Its website bhiveworkspace.com draws about 44 thousand monthly visits. Its Indian entity Tusker Workspace Private Limited reported revenue of ₹255 Cr. BHIVE Workspace offers products and services including Coworking Spaces, Managed Offices, and Day Passes. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include IndiQube, DevX and 91Springboard; 3 of its 3 listed competitors have raised funding.
Company details
BHIVE Workspace was founded in 2014 in Bengaluru, India, as a provider in the flexible office sector. Fully equipped office environments are delivered, with cost savings achieved on furniture, equipment, and maintenance. Customized solutions are tailored to business needs, while services such as housekeeping, administrative support, and productivity-focused amenities are included. Operations focus on streamlining efficiency for various enterprises.
- Headquarters Bengaluru, India
- Employees 158
- Founders Prashant Reddy, Monnappa Muthappa Bayavanda, Avanthi Rao Paplikar, Sheshagiri Rao Krishnakumar Paplikar
- Stage Minicorn
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website bhiveworkspace.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Tusker Workspace Private Limited
- Date of Incorporation 17 Dec, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹255 Cr
FY 2025 · +45% YoY
- Net Profit₹73.2 Lakh
FY 2025 · 0% margin
- EBITDA₹9.75 Cr
FY 2025 · 4% margin
- Total Equity Funding$3.09M (USD)
in 8 rounds
- Latest Funding Round$233.55K (USD), Angel Round
Jul 2025
- InvestorsEuropean Union
& 63 more
- Employee Count158
- Investments & Acquisitions
Associated legal entities of BHIVE Workspace
BHIVE Workspace operates through Tusker Workspace Private Limited (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 |
|---|---|---|---|---|---|---|---|
| Tusker Workspace Private Limited CIN U74900KA2014PTC077803 | Active | 17 Dec 2014 | Bangalore, Karnataka | ₹255 Cr | 158 | 4 | View details |
Products & Services of BHIVE Workspace
BHIVE Workspace offers a comprehensive portfolio of products and services, including Coworking Spaces, Managed Offices, and Day Passes.
Offers shared office environments for professionals and businesses.
Provides fully serviced offices with maintenance and amenities.
Allows short-term access to workspaces for individuals.
Apps and channels of BHIVE Workspace
its YouTube channel BHIVE has 23.8K subscribers and 30 videos.
Videos from BHIVE Workspace
The most watched videos on BHIVE Workspace's YouTube channel, BHIVE (23.8K subscribers). Click a video to play it here.
More on BHIVE.
Funding Insights of BHIVE Workspace
BHIVE Workspace has successfully raised a total of $3.09M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $233.55 thousand completed in July 2025. 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 $3.09M
- Total Rounds 8
- Last Round Angel Round — $233,550
- First Round $221,983
(Mar 2015)
- Investors Count 64
All 8 funding rounds of BHIVE Workspace 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 |
|---|---|---|---|---|---|
| Jul 2025 | $233,550 | Angel Round | – | Nagarjuna K | |
| Feb 2022 | Seed | – | – | ||
| Aug 2021 | Grant | – | – | ||
| May 2018 | $125,696 | Angel Round | $7.2M | Alok Bajpai | |
| May 2017 | $1.2M | Seed | – | Blume Ventures, B M Dilip | |
| May 2016 | $1M | Seed | $7.02M | Blume Ventures | |
| Sep 2015 | $310,450 | Seed | $••••• | Blume Ventures | |
| Mar 2015 | $221,983 | Angel Round | $••••• | Mallik Prasad S, Prem Kumar Pabbisetty |
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $7.2M | •••••••• |
| May 2016 | $7.02M | •••••••• |
| Sep 2015 | $••••• | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of BHIVE Workspace
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
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $7.2M (May 2018). 64 investors in total: 3 institutional and 61 angel.
Investors in BHIVE Workspace
BHIVE Workspace has secured backing from 64 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include European Union, Alok Bajpai and Rajesh Mestha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
| expertdojo.com | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
AB Alok Bajpai | unknown_cda642e6093048b9b | |||
RM Rajesh Mestha | unknown_9d4cf5382b884cdc8 | |||
RM Raghu Minsundram | unknown_dba05a98fcdc4b8fb | |||
HS Hemal Shah | Angel investor and entrepreneur, focused on tech startups in India. | unknown_9a90f2fae3be43348 | ||
PM Prashanth Malali Ramanna | unknown_4658fe3230bd41d98 | |||
SB Saket Bhartia | unknown_8813dc235eaa4ba4a | |||
SK S K Kavitha | unknown_23d24eabe13c4b32b |
Investor details for BHIVE Workspace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Tusker Workspace Private Limited (BHIVE Workspace)
Tusker Workspace Private Limited is the primary company behind BHIVE Workspace. The board of Tusker Workspace Private Limited currently have 3 directors; the longest-serving is Sheshagiri Rao Krishnakumar Paplikar, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheshagiri Rao Krishnakumar Paplikar DIN 06827454 | Director | 17 Dec 2014 | 11 yrs 10 mo | Tusker Workspace Private Limited |
| Monnappa Muthappa Bayavanda DIN 07677019 | Director | 10 Sep 2018 | 8 yrs 2 mo | Tusker Workspace Private Limited |
| Arun Narayan DIN 08218580 | Director | 02 Feb 2024 | 2 yrs 9 mo | Tusker Workspace Private Limited |
People of BHIVE Workspace
22 people are tracked at BHIVE Workspace (12 in leadership, 4 in board & advisors, 6 in team); the tracked headcount is 158.
| Name | Role | Group |
|---|---|---|
Prashant Reddy | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Rohit Parab | CTO | Leadership |
Venkatesh Shenoy | COO | Leadership |
| Co-founder | Leadership | |
Shesh Paplikar | Founder And CEO | Leadership |
Siddarth Bhavikatti | Senior Eo, Ceo's Office | Leadership |
Kashyap S Prasad | Vice President Finance | Leadership |
Pradheep Kumar | Vice President - Workplace & Real Estate Strategy | Leadership |
Anurag Sharma | Vice President - Marketing | Leadership |
Raghunandan G | Advisor | Board & advisors |
Ravindra M.K. | Advisor | Board & advisors |
Rajesh Rai | Advisor | Board & advisors |
| Advisor | Board & advisors | |
Satyam Tripathi | Senior Legal Executive | Team |
Abhishek Soni | AVP - Design | Team |
Nikitha Sharma | Account Executive | Team |
Divya Vaidya | Sales Executive | Team |
2 more people are available in the full profile.
Complete people profiles for BHIVE Workspace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BHIVE Workspace
Figures of Tusker Workspace Private Limited, the primary company behind BHIVE Workspace, for FY 2025. Revenue was ₹255 Cr (+45% year on year). Net profit was ₹73.2 Lakh (0% margin). EBITDA was ₹9.75 Cr (4% margin). Revenue has grown at a compounded annual rate of +189% over three years and +80% over five years.
- ₹255 CrRevenue · FY 2025 · +45% YoY
- ₹73.2 LakhNet profit · 0% margin
- ₹9.75 CrEBITDA · 4% margin
- ₹10.31 CrPaid-up capital
- 158Employees (provident fund records)
- +189%Revenue CAGR, 3 years
- +80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tusker Workspace Private Limited are on its company page.
Detailed financial statements for BHIVE Workspace
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by BHIVE Workspace
BHIVE Workspace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Praemineo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Horizontal application development services are offered to multiple industries. | praemineo.com | San Francisco, United States | 2018 | Dec 2023 | •••• |
Complete acquisition details for BHIVE Workspace
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Timeline of BHIVE Workspace
5 dated milestones of BHIVE Workspace across 11 years, from founding to its latest funding, stage changes and deals.
- Founded BHIVE Workspace is founded.
- Funding First funding round of $222K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Praemineo.
- Funding Latest funding round, Angel Round, of $234K.
Competitors of BHIVE Workspace
BHIVE Workspace has 3 listed competitors in our database, 3 of them funded. They include IndiQube, DevX and 91Springboard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 |
Detailed competitors of BHIVE Workspace
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of BHIVE Workspace
The website of BHIVE Workspace (bhiveworkspace.com) receives about 44.1K visits a month.
- Monthly visits44.1K
▼ 5.3% vs previous month
Websites whose visitors overlap most with BHIVE Workspace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| awfis.com | 100% | 94.9K | #406,267 | View details | |
| urbanvault.in | 100% | 22.1K | #1,161,598 | View details | |
| indiqube.com | 95% | 10.2K | #2,197,007 | View details | |
| executivecentre.com | 89% | 168.8K | #238,545 | View details | |
| theofficepass.com | 84% | 22.9K | #1,072,917 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for BHIVE Workspace
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- 15 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as BHIVE Workspace (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 Bhive Workspace
Complete news archive for BHIVE Workspace
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Frequently Asked Questions about BHIVE Workspace
BHIVE Workspace was founded in 2014 and raised its 1st funding round 1 year after it was founded.
BHIVE Workspace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sheshagiri Rao Krishnakumar Paplikar is the CEO of BHIVE Workspace, as recorded in our data. They have also founded this company.
BHIVE Workspace is a funded company, having raised a total of $3.09M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $221.98K, raised on Mar 2015.
BHIVE Workspace has 158 employees.
The primary company behind BHIVE Workspace, Tusker Workspace Private Limited, reported revenue of ₹255 Cr for FY 2025, up 45% year on year.
BHIVE Workspace was founded in 2014 in Bengaluru, India, as a provider in the flexible office sector. Fully equipped office environments are delivered, with cost savings achieved on furniture, equipment, and maintenance. Customized solutions are tailored to business needs, while services such as housekeeping, administrative support, and productivity-focused amenities are included. Operations focus on streamlining efficiency for various enterprises.
BHIVE Workspace's top competitors include IndiQube, DevX and 91Springboard.
BHIVE Workspace offers Coworking Spaces, Managed Offices, and Day Passes.
BHIVE Workspace has made 1 acquisition, including Praemineo.
BHIVE Workspace has 64 investors. Key investors include European Union, Alok Bajpai, Rajesh Mestha, Raghu Minsundram, and Hemal Shah.
The valuation of BHIVE Workspace is $7.2M as of May 2018.