About Workspace City
Workspace City is a company based in Bhopal (India) founded in 2017 by Shilakha Singhai and Nitesh Jain. It operates as a B2B. Workspace City operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Bhopal, India
- Founders Shilakha Singhai, Nitesh Jain
- SectorsReal Estate & Construction
- Website workspace.city
- Social X Facebook
- Legal Name Nishank Workspace Private Limited
- Date of Incorporation 06 Dec, 2017
- Jurisdiction Bhopal, Madhya Pradesh, India
- Annual Revenue₹55.2 Lakh
FY 2024 · +6% YoY
- Net Profit₹7 Lakh
FY 2024 · 13% margin
- EBITDA₹13 Lakh
FY 2024 · 24% margin
Associated legal entities of Workspace City
Workspace City operates through Nishank Workspace Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nishank Workspace Private Limited CIN U70103MP2017PTC044625 | Active | 06 Dec 2017 | Bhopal, Madhya Pradesh | ₹0.6 Cr | – | 4 | View details |
Board of directors of Nishank Workspace Private Limited (Workspace City)
Nishank Workspace Private Limited is the primary company behind Workspace City. The board of Nishank Workspace Private Limited currently have 4 directors; the longest-serving is Shilakha Singhai, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shilakha Singhai DIN 07952624 | Director | 06 Dec 2017 | 8 yrs 10 mo | Nishank Workspace Private Limited |
| Nitesh Jain DIN 07952710 | Director | 06 Dec 2017 | 8 yrs 10 mo | Nishank Workspace Private Limited |
| Vaishali Gupta DIN 08178770 | Director | 01 Jan 2018 | 8 yrs 9 mo | Nishank Workspace Private Limited |
| Megha Jain DIN 08129794 | Director | 01 Jan 2018 | 8 yrs 9 mo | Nishank Workspace Private Limited |
People of Workspace City
2 people are tracked at Workspace City (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Workspace City
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Financials of Workspace City
Figures of Nishank Workspace Private Limited, the primary company behind Workspace City, for FY 2024. Revenue was ₹55.2 Lakh (+6% year on year). Net profit was ₹7 Lakh (13% margin). EBITDA was ₹13 Lakh (24% margin). Revenue has grown at a compounded annual rate of +4% over three years and +10% over five years.
- ₹55.2 LakhRevenue · FY 2024 · +6% YoY
- ₹7 LakhNet profit · 13% margin
- ₹13 LakhEBITDA · 24% margin
- ₹1 LakhPaid-up capital
- +4%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nishank Workspace Private Limited are on its company page.
Detailed financial statements for Workspace City
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Competitors of Workspace City
Workspace City 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| 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. | |
| 91springboard.com | 2012 | Mumbai, India | $29.2M | 158 | Operator of shared workspaces, private offices, and virtual office solutions | |
| cowrks.com | 2015 | Bengaluru, India | – | 226 | Provider of flexible and customized coworking spaces | |
| isprout.in | 2016 | Hyderabad, India | $7.61M | 316 | Adaptable workspaces with amenities and collaborative features are offered. | |
| thecorporatedge.com | 2012 | Delhi, India | $12.5M | 62 | Operator of flexible workspaces, meeting rooms, virtual offices, and event spaces |
Detailed competitors of Workspace City
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- Full competitor set
- Operating metrics
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Similar companies to Workspace City
10 companies that operate in the same segment as Workspace City (Serviced & Flexible Workspaces), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Modular buildings, portable storage, and electronic test equipment are rented. | 1979 | Livermore, California, United States | – | USD 944.24 M | 1,220 | |
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | – | – | – | |
Managed co-working spaces are offered in Helsinki, Finland. | 1811 | Helsinki, Finland | – | – | – | |
Investment holding company focused on providing office space | 1987 | South Africa | – | USD 814.19 M | – | |
Workspace and residential suites are provided by Allied Properties REIT. | 1990 | Toronto, Ontario, Canada | – | USD 432.65 M | 351 | |
Provides managed office spaces for businesses. | 1988 | Gurugram, Haryana, India | – | USD 30.2 M | 1,029 | |
Commercial developer services are provided to businesses in Finland. | 1982 | Oulu, North Ostrobothnia, Finland | USD 56.93 M | – | – | |
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities. | 1996 | Bengaluru, Karnataka, India | – | USD 281.58 M | 221 | |
Real estate development focusing on residential and commercial projects in Mumbai. | 2002 | Mumbai, Maharashtra, India | USD 39.06 M | USD 662.33 K | 23 | |
Workspace solutions are provided by Incubex for various businesses. | 2016 | Bengaluru, Karnataka, India | – | USD 7.18 M | – |
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Frequently Asked Questions about Workspace City
Workspace City was founded in 2017.
Workspace City is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
The primary company behind Workspace City, Nishank Workspace Private Limited, reported revenue of ₹55.2 Lakh for FY 2024, up 6% year on year.
Workspace City, based in Bhopal, focuses on involved in property dealings, workspace solutions, co-working spaces, and managed services. Provides comprehensive managed co-working spaces for businesses and professionals. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Workspace City operates through Nishank Workspace Private Limited.
The legal entities of Workspace City currently have 4 directors, including Shilakha Singhai, Nitesh Jain, Vaishali Gupta and others.