About ClayWorks
ClayWorks is a Real Estate & Construction company based in Bengaluru (India) founded in 2017 by Abhijith Shashidhar and Rahul Singh. Flexible office spaces including co-working and meeting rooms are managed. ClayWorks has raised $10 million across 3 funding rounds from investors including Nisus Finance Services and NuVentures. Its Indian entity Clayworks Spaces Technologies Private Limited reported revenue of ₹23.39 Cr. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include myHQ, BHIVE Workspace and IndiQube; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2017 in Bengaluru, India, ClayWorks operates within the flexible workspace sector. Managed environments such as dedicated offices, co-working areas, meeting rooms, and virtual office solutions are provided. Operations encompass the identification, construction, and ongoing management of these spaces to align with client requirements and organizational culture. On-demand booking for workstations and rooms is facilitated. Emphasis is placed on environments that support productivity and employee well-being.
- Headquarters Bengaluru, India
- Founders Abhijith Shashidhar, Rahul Singh
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website clayworks.space
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Clayworks Spaces Technologies Private Limited
- Date of Incorporation 23 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹23.39 Cr
FY 2024 · +91% YoY
- Net Loss-₹1.88 Cr
FY 2024 · -8% margin
- EBITDA₹5.03 Cr
FY 2024 · 22% margin
- Total Equity Funding$10M (USD)
in 3 rounds
- InvestorsNisus Finance Services
& 1 more
Associated legal entities of ClayWorks
ClayWorks is associated with 3 registered companies on The Company Check; the primary company is Clayworks Spaces Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clayworks Spaces Technologies Private Limited CIN U70200KA2017PTC105809 | Active | 23 Aug 2017 | Bangalore, Karnataka | ₹23.4 Cr | 32 | 3 | View details |
| Clayworks Facility Management Llp CIN ABB-5289 | Active | 30 Jun 2022 | Bangalore, Karnataka | 2 | View details | ||
| Hawkspire Ventures Llp CIN AAN-4049 | Active | 05 Oct 2018 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Apps and channels of ClayWorks
its YouTube channel ClayWorks has 445 subscribers and 25 videos.
Videos from ClayWorks
The most watched videos on ClayWorks's YouTube channel, ClayWorks (445 subscribers). Click a video to play it here.
More on ClayWorks.
Funding Insights of ClayWorks
ClayWorks has successfully raised a total of $10M across 3 strategic funding rounds. 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 $10M
- Total Rounds 3
- First Round $250,000
(Jul 2018)
- Investors Count 2
All 3 funding rounds of ClayWorks 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 |
|---|---|---|---|---|---|
| Dec 2025 | Series A | – | NuVentures | – | |
| Mar 2022 | $10M | Series A | – | Nisus Finance Services | – |
| Jul 2018 | $250,000 | Debt – Venture | – | – |
2 investors in total: 2 institutional.
Investors in ClayWorks
ClayWorks has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Nisus Finance Services and NuVentures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| nuventures.vc | ||||
Investment banking, asset management, and advisory services are provided. | 2013 | nisusfin.com | Mumbai, India |
Investor details for ClayWorks
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Board of directors of Clayworks Spaces Technologies Private Limited (ClayWorks)
Clayworks Spaces Technologies Private Limited is the primary company behind ClayWorks. The boards of the 3 registered companies of ClayWorks currently have 3 directors; the longest-serving is Rahul Singh, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Singh DIN 02492032 | Designated Partner | 05 Oct 2018 | 8 yrs | Hawkspire Ventures Llp, Clayworks Facility Management Llp, Clayworks Spaces Technologies Private Limited |
| Shashidhar Abhijith DIN 07328695 | Designated Partner | 05 Oct 2018 | 8 yrs | Hawkspire Ventures Llp, Clayworks Facility Management Llp, Clayworks Spaces Technologies Private Limited |
| Avinash Vankadaru DIN 08189844 | Additional Director | 03 Oct 2019 | 7 yrs | Clayworks Spaces Technologies Private Limited |
People of ClayWorks
2 people are tracked at ClayWorks (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for ClayWorks
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Financials of ClayWorks
Figures of Clayworks Spaces Technologies Private Limited, the primary company behind ClayWorks, for FY 2024. Revenue was ₹23.39 Cr (+91% year on year). Net loss was -₹1.88 Cr (-8% margin). EBITDA was ₹5.03 Cr (22% margin). Revenue has grown at a compounded annual rate of +75% over three years and +70% over five years.
- ₹23.39 CrRevenue · FY 2024 · +91% YoY
- -₹1.88 CrNet loss · -8% margin
- ₹5.03 CrEBITDA · 22% margin
- ₹18.9 LakhPaid-up capital
- 32Employees (provident fund records)
- +75%Revenue CAGR, 3 years
- +70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Clayworks Spaces Technologies Private Limited are on its company page.
Detailed financial statements for ClayWorks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ClayWorks
3 dated milestones of ClayWorks across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ClayWorks is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series A,.
Competitors of ClayWorks
ClayWorks has 3 listed competitors in our database, 3 of them funded. They include myHQ, BHIVE Workspace and IndiQube.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| myhq.in | 2016 | Delhi, India | $2.81M | 145 | Shared office memberships are booked through an online marketplace. | |
| 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. |
Detailed competitors of ClayWorks
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Web traffic of ClayWorks
The website of ClayWorks (clayworks.space) receives about 4.7K visits a month.
- Monthly visits4.7K
▲ 27.8% vs previous month
Websites whose visitors overlap most with ClayWorks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| stylework.city | 100% | 5.6K | #3,746,652 | View details | |
| teamco.work | 96% | #3,000,305 | View details | ||
| regus.com | 88% | 1.9M | #33,756 | View details | |
| cofynd.com | 86% | 160.6K | #325,176 | View details | |
flexospaces.com | flexospaces.com | 86% | #1,819,911 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for ClayWorks
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- 21 similar websites
- Audience overlap
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- Traffic by brand
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 ClayWorks (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 Clayworks
Complete news archive for ClayWorks
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Frequently Asked Questions about ClayWorks
ClayWorks was founded in 2017 and raised its 1st funding round 1 year after it was founded.
ClayWorks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ClayWorks is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a Debt – Venture of $250K, raised on Jul 2018.
The primary company behind ClayWorks, Clayworks Spaces Technologies Private Limited, reported revenue of ₹23.39 Cr for FY 2024, up 91% year on year.
Founded in 2017 in Bengaluru, India, ClayWorks operates within the flexible workspace sector. Managed environments such as dedicated offices, co-working areas, meeting rooms, and virtual office solutions are provided. Operations encompass the identification, construction, and ongoing management of these spaces to align with client requirements and organizational culture. On-demand booking for workstations and rooms is facilitated. Emphasis is placed on environments that support productivity and employee well-being.
ClayWorks's top competitors include IndiQube, BHIVE Workspace and myHQ.
ClayWorks has 2 investors. Key investors include Nisus Finance Services, and NuVentures.
ClayWorks is associated with 3 legal entities: Clayworks Spaces Technologies Private Limited, Hawkspire Ventures Llp, Clayworks Facility Management Llp.
The legal entities of ClayWorks currently have 3 directors, including Rahul Singh, Shashidhar Abhijith, Avinash Vankadaru.