About Smartworks
Smartworks is a company based in Gurugram (India) founded in 2016 by Neetish Sarda and Harsh Binani. Smartworks has raised $69.95 million across 7 funding rounds from investors including Deutsche Bank, Keppel and Atul. The company has 794 employees as of March 31, 2024. Smartworks offers products and services including Managed Office Spaces, Technology Platforms, and Value-Added Services. Smartworks operates in a competitive market with competitors including WeWork, Industrious, Knotel, BHIVE Workspace and IndiQube, among others.
- Headquarter Gurugram, India
- Employees 794 as on 31 Mar, 2024
- Founders Neetish Sarda, Harsh Binani
- Stage Public
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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 Smartworks Coworking Spaces Limited
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Annual Revenue
$160.83 M (USD)31.25as on Mar 31, 2025
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Net Profit
-$7.4 M (USD)-26.47as on Mar 31, 2025
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EBITDA
$100.66 M (USD)27.65as on Mar 31, 2025
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Total Equity Funding
$69.95 M (USD)
in 7 rounds
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Latest Funding Round
$20.24 M (USD), Series B
Jun 07, 2024
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Investors
Deutsche Bank
& 74 more
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Employee Count
794
as on Mar 31, 2024
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IPO & Listings of Smartworks
Smartworks is a publicly listed company on the NSE with ticker symbol SMARTWORKS 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.
Products & Services of Smartworks
Smartworks offers a comprehensive portfolio of products and services, including Managed Office Spaces, Technology Platforms, and Value-Added Services.
Provides ready-to-move-in offices with modern designs and amenities.
Offers integrated systems for client experience and property management.
Delivers services like cafeterias, gyms, and wellness centers for enterprises.
Funding Insights of Smartworks
Smartworks has successfully raised a total of $69.95M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $20.24 million completed in June 2024. 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.
Investors in Smartworks
Smartworks has secured backing from 75 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Deutsche Bank, Keppel and Atul.
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Private equity fund focused on multiple sectors
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Investor details for Smartworks
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Smartworks
Investment portfolio details for Smartworks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Smartworks
Detailed financials for Smartworks
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- Profit trends
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Smartworks Comparisons
Peer comparison for Smartworks
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- Named peers
- Headcount comparison
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Competitors of Smartworks
Smartworks 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, Industrious, Knotel, BHIVE Workspace and IndiQube, 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 are provided for teams and individuals.
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Managed co-working spaces, desks, and offices are provided by Knotel.
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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 co-working spaces with conference rooms and amenities are offered.
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Detailed competitors of Smartworks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Smartworks
Complete news archive for Smartworks
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Frequently Asked Questions about Smartworks
Smartworks was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Smartworks is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Smartworks is a funded company, having raised a total of $69.95M across 7 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Smartworks is 794.
Annual revenue of Smartworks is $160.83M as on Mar 31, 2025.
Founded in 2016 and based in Gurugram, India, Smartworks operates in the coworking and flexible office sector. Configurable workspaces are provided to address various client needs, alongside campuses equipped with infrastructure like cafeterias, sports zones, and wellness centers. Platforms for property management and operational efficiency are delivered, with additional services such as catering, retail, and fitness facilities offered to support client operations.
Smartworks's top competitors include WeWork, Convene and Industrious.
Smartworks offers Managed Office Spaces, Technology Platforms, and Value-Added Services.
Yes, Smartworks is publicly traded on NSE under the ticker symbol SMARTWORKS.
Smartworks has 75 investors. Key investors include Deutsche Bank, Keppel, Atul, Ananta Capital, and Plutus Capital.
The ticker symbol of Smartworks is SMARTWORKS on NSE.
The valuation of Smartworks is $333.26M as of Jun 2024.