About Prowork India
Prowork India is a Real Estate & Construction company based in Delhi (India) founded in 2017 by Neeraj Rustagi. It provides flexible coworking spaces, memberships, and amenities for professionals. It operates on a B2B and Subscription model. Its chief executive, as recorded, is Neeraj Rustagi. Its Indian entity Hello42 India Private Limited reported revenue of ₹54 Lakh. Prowork India offers products and services including Day Pass, Virtual Desk, Weekly Desk, Flexi Desk, and Meeting Room. Its focus areas include Real Estate Tech, Flexible Workspaces, Office Rentals and Membership-Based. Its competitors include BHIVE Workspace, IndiQube and DevX; 3 of its 3 listed competitors have raised funding.
Company details
Prowork is a coworking space provider in New Delhi, offering shared offices, meeting rooms, and high-speed internet to support entrepreneurs, startups, and businesses. It focuses on creating a collaborative environment with affordable memberships, security, and fully furnished areas. The company emphasizes business growth through professional amenities like cafeterias and training rooms, serving clients in India with flexible workspace solutions.
- Headquarters Delhi, India
- Founders Neeraj Rustagi
- SectorsReal Estate & Construction
- Email••••••••
- Website prowork.in
- Social LinkedIn X Facebook
- Legal Name Hello42 India Private Limited
- Date of Incorporation 05 Apr, 1991
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹54 Lakh
FY 2025 · +124% YoY
- Net Loss-₹4.8 Lakh
FY 2025 · -9% margin
- EBITDA-₹6.2 Lakh
FY 2025 · -11% margin
Associated legal entities of Prowork India
Prowork India operates through Hello42 India 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 |
|---|---|---|---|---|---|---|---|
| Hello42 India Private Limited CIN U63030DL1991PTC043831 | Active | 05 Apr 1991 | New Delhi, Delhi | ₹0.5 Cr | 3 | View details |
Products & Services of Prowork India
Prowork India offers a comprehensive portfolio of products and services, including Day Pass, Virtual Desk, Weekly Desk, Flexi Desk, and Meeting Room.
Daily access to coworking space with basic amenities.
Monthly virtual office services including mail handling.
Weekly access to dedicated desk and facilities.
Flexible desk usage for 15 days per month.
Hourly rental for professional meetings and sessions.
Board of directors of Hello42 India Private Limited (Prowork India)
Hello42 India Private Limited is the primary company behind Prowork India. The board of Hello42 India Private Limited currently have 3 directors; the longest-serving is Neeraj Rustagi, appointed in 1991. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neeraj Rustagi DIN 01042111 | Director | 05 Apr 1991 | 35 yrs 6 mo | Hello42 India Private Limited |
| Parveen Rustagi DIN 01157835 | Director | 05 Apr 1991 | 35 yrs 6 mo | Hello42 India Private Limited |
| Meenu Rustagi DIN 01042541 | Director | 29 Mar 2014 | 12 yrs 7 mo | Hello42 India Private Limited |
People of Prowork India
1 people are tracked at Prowork India (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Prowork India
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 Prowork India
Figures of Hello42 India Private Limited, the primary company behind Prowork India, for FY 2025. Revenue was ₹54 Lakh (+124% year on year). Net loss was -₹4.8 Lakh (-9% margin). EBITDA was -₹6.2 Lakh (-11% margin). Revenue has grown at a compounded annual rate of +155% over three years and +39% over five years.
- ₹54 LakhRevenue · FY 2025 · +124% YoY
- -₹4.8 LakhNet loss · -9% margin
- -₹6.2 LakhEBITDA · -11% margin
- ₹9.8 LakhPaid-up capital
- +155%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hello42 India Private Limited are on its company page.
Detailed financial statements for Prowork India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Prowork India
Prowork India 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 Prowork India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Serviced & Flexible Workspaces
3 companies that operate in the same segment as Prowork India (Serviced & Flexible Workspaces) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | ||||
Provides managed office spaces for businesses. | 1988 | Gurugram, Haryana, India | USD 30.2 M | 1,029 | ||
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities. | 1996 | Bengaluru, Karnataka, India | USD 281.58 M | 221 |
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Frequently Asked Questions about Prowork India
Prowork India was founded in 2017.
Prowork India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Neeraj Rustagi is the CEO of Prowork India, as recorded in our data. They have also founded this company.
The primary company behind Prowork India, Hello42 India Private Limited, reported revenue of ₹54 Lakh for FY 2025, up 124% year on year.
Prowork is a coworking space provider in New Delhi, offering shared offices, meeting rooms, and high-speed internet to support entrepreneurs, startups, and businesses. It focuses on creating a collaborative environment with affordable memberships, security, and fully furnished areas. The company emphasizes business growth through professional amenities like cafeterias and training rooms, serving clients in India with flexible workspace solutions.
Prowork India's top competitors include IndiQube, DevX and BHIVE Workspace.
Prowork India offers Day Pass, Virtual Desk, Weekly Desk, Flexi Desk, and Meeting Room.
Prowork India operates through Hello42 India Private Limited.
The legal entities of Prowork India currently have 3 directors, including Neeraj Rustagi, Meenu Rustagi, Parveen Rustagi.