About Workspace
Workspace is a Real Estate & Construction company based in Bengaluru (India) founded in 2017 by Rahul Agrawal. Managed co-working spaces are provided for freelancers and startups. The company has 6 employees. Its chief executive, as recorded, is Rahul Agrawal. Its Indian entity Workspace Business Services Private Limited reported revenue of ₹9.04 Cr. Workspace offers products and services including Hot Desk, Dedicated Desk, Private Studios, and Bespoke Plans. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include BHIVE Workspace, IndiQube and DevX; 3 of its 3 listed competitors have raised funding.
Company details
Workspace was founded in 2017 in Bengaluru, India, within the co-working sector. Fully-managed office spaces, including hot desks, dedicated desks, and private offices, are offered to entrepreneurs, freelancers, startups, and business owners. Amenities such as an in-house gym, creche, salon, WiFi, and rooftop cafeteria are included. Revenue is generated through monthly fixed fees for these services.
- Headquarters Bengaluru, India
- Employees 6
- Founders Rahul Agrawal
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website workspace.in
- Social LinkedIn X Facebook Instagram
- Legal Name Workspace Business Services Pvt Ltd
- Date of Incorporation 05 Feb, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.04 Cr
FY 2025 · 0% YoY
- Net Profit₹1.02 Cr
FY 2025 · 11% margin
- EBITDA₹1.61 Cr
FY 2025 · 18% margin
- Employee Count6
Associated legal entities of Workspace
Workspace is associated with 2 registered companies on The Company Check; the primary company is Workspace Business Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Workspace Business Services Private Limited CIN U70100KA2016PTC085841 | Active | 05 Feb 2016 | Bangalore, Karnataka | ₹9.0 Cr | 6 | 2 | View details |
| Polygon Spaces Llp CIN AAY-5236 | Under Process Of Striking Off | 09 Sep 2021 | Bangalore, Karnataka | 2 | View details |
Products & Services of Workspace
Workspace offers a comprehensive portfolio of products and services, including Hot Desk, Dedicated Desk, Private Studios, and Bespoke Plans.
Flexible desk for daily use with internet and cafeteria access.
Exclusive desk with 24/7 access and meeting room privileges.
Enclosed private areas for teams with noise reduction features.
Tailored office designs with personalized amenities and services.
Board of directors of Workspace Business Services Private Limited (Workspace)
Workspace Business Services Private Limited is the primary company behind Workspace. The boards of the 2 registered companies of Workspace currently have 2 directors; the longest-serving is Sonia Sharma, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonia Sharma DIN 08741553 | Designated Partner | 09 Sep 2021 | 5 yrs 2 mo | Polygon Spaces Llp, Workspace Business Services Private Limited |
| Rahul Agrawal DIN 03500178 | Designated Partner | 09 Sep 2021 | 5 yrs 2 mo | Polygon Spaces Llp, Workspace Business Services Private Limited |
People of Workspace
1 people are tracked at Workspace (1 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Workspace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Workspace
Figures of Workspace Business Services Private Limited, the primary company behind Workspace, for FY 2025. Revenue was ₹9.04 Cr (0% year on year). Net profit was ₹1.02 Cr (11% margin). EBITDA was ₹1.61 Cr (18% margin). Revenue has grown at a compounded annual rate of -11% over three years and +61% over five years.
- ₹9.04 CrRevenue · FY 2025 · 0% YoY
- ₹1.02 CrNet profit · 11% margin
- ₹1.61 CrEBITDA · 18% margin
- ₹1 LakhPaid-up capital
- 6Employees (provident fund records)
- -11%Revenue CAGR, 3 years
- +61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Workspace Business Services Private Limited are on its company page.
Detailed financial statements for Workspace
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Competitors of Workspace
Workspace 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 Workspace
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as Workspace (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 Workspace
Complete news archive for Workspace
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Frequently Asked Questions about Workspace
Workspace was founded in 2017.
Workspace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rahul Agrawal is the CEO of Workspace, as recorded in our data. They have also founded this company.
Workspace has 6 employees.
The primary company behind Workspace, Workspace Business Services Private Limited, reported revenue of ₹9.04 Cr for FY 2025, down 0% year on year.
Workspace was founded in 2017 in Bengaluru, India, within the co-working sector. Fully-managed office spaces, including hot desks, dedicated desks, and private offices, are offered to entrepreneurs, freelancers, startups, and business owners. Amenities such as an in-house gym, creche, salon, WiFi, and rooftop cafeteria are included. Revenue is generated through monthly fixed fees for these services.
Workspace's top competitors include IndiQube, DevX and BHIVE Workspace.
Workspace offers Hot Desk, Dedicated Desk, Private Studios, and Bespoke Plans.
Workspace is associated with 2 legal entities: Workspace Business Services Private Limited, Polygon Spaces Llp.
The legal entities of Workspace currently have 2 directors, including Sonia Sharma, Rahul Agrawal.