About Cowrks
Cowrks is a company based in Bengaluru (India) founded in 2015 was acquired by Brookfield Asset Management in September 2020. The company has 177 employees as of April 01, 2024. Cowrks has completed 1 acquisition, including UnCube. Cowrks offers products and services including Flexible Workspaces, Custom-built Offices, Day Pass, Event Spaces, and Meeting Rooms. Cowrks operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Bengaluru, India
- Employees 177 as on 01 Apr, 2024
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Cowrks India Private Limited
- Date of Incorporation 31 Oct, 2006
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$34.41 M (USD)35.18as on Mar 31, 2023
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Net Profit
-$8.27 M (USD)59.38as on Mar 31, 2023
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EBITDA
$20.32 M (USD)100.57as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Brookfield Asset Management
& 1 more
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Employee Count
177
as on Apr 01, 2024
- Investments & Acquisitions
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Acquired by
Brookfield Asset Management
(Sep 29, 2020)
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Products & Services of Cowrks
Cowrks offers a comprehensive portfolio of products and services, including Flexible Workspaces, Custom-built Offices, Day Pass, Event Spaces, and Meeting Rooms.
Ready-to-move-in private offices with shared amenities for teams.
Standalone workspaces designed for specific business needs.
Flexible daily access to workspaces and meeting rooms.
Upscale spaces for events and gatherings with tech support.
Well-equipped rooms for discussions and training sessions.
People of Cowrks
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Funding Insights of Cowrks
Investors in Cowrks
Cowrks has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Brookfield Asset Management and Qatar Investment Authority.
| Investor | Description | Founded Year | Domain | Location |
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Focus is placed on real estate and renewable energy investments.
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A sovereign wealth fund backed by Qatar, managing investments and funds.
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Investor details for Cowrks
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Investments & Acquisitions by Cowrks
Cowrks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UnCube.
Investment portfolio details for Cowrks
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Booking platform for co-working spaces
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Locked | Locked | 2017 | Locked |
Complete acquisition details for Cowrks
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Financial Statements - Cowrks
Detailed financials for Cowrks
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Cowrks Comparisons
Peer comparison for Cowrks
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Competitors of Cowrks
Cowrks 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 year | HQ Location | Description |
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Flexible office and coworking spaces are provided by WeWork globally.
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Flexible workspace solutions, including coworking and managed offices, are offered.
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Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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Managed office spaces and coworking environments are provided for businesses.
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Operator of shared workspaces, private offices, and virtual office solutions
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Detailed competitors of Cowrks
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Latest news on Cowrks
Complete news archive for Cowrks
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Frequently Asked Questions about Cowrks
Cowrks was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Cowrks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
As of Apr 01, 2024, the latest employee count at Cowrks is 177.
Annual revenue of Cowrks is $34.41M as on Mar 31, 2023.
Cowrks was founded in 2015 in Bengaluru, India, and operates within the coworking sector. Flexible and customized office spaces are provided for entrepreneurs and startups, with features enabling the browsing and booking of desks in community environments. Operations focus on accommodating varying workspace needs across urban locations in India.
Cowrks offers Flexible Workspaces, Custom-built Offices, Day Pass, Event Spaces, and Meeting Rooms.
Cowrks has made 1 acquisition, including UnCube.
Cowrks has 2 investors. Key investors include Brookfield Asset Management, and Qatar Investment Authority.