Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Let’s Connect India.
The commercial real estate industry in India has experienced rapid growth in recent years due to the rise of startups and the increasing demand for flexible office spaces. Coworking spaces, in particular, have become a popular option for businesses of all sizes, offering affordable and flexible workspaces that promote collaboration and innovation.
According to a report by JLL, the flexible space segment in India is expected to grow by more than 50% in the coming years, with coworking spaces being a major contributor to this growth. With more and more companies looking for flexible office solutions, the competition in the coworking industry is heating up, and providers are constantly striving to offer the best services at the most affordable rates.
Let’s Connect India is one such coworking space provider that aims to disrupt the industry by offering reliable and comfortable office space at affordable rates. With a focus on creating a collaborative and community-driven environment, Let’s Connect India is quickly becoming a popular choice for startups, freelancers, and small businesses looking for a flexible workspace solution.
Let’s Connect India is a leading co-working space provider in Noida that is committed to offering reliable and comfortable office space to its clients. The company’s primary goal is to provide all the necessary services and amenities at an affordable price, making it easier for startups, freelancers, and small businesses to establish a professional workspace without the high costs associated with traditional office rentals.
By offering flexible workspaces that are fully equipped with modern amenities and cutting-edge technology, Let’s Connect India provides an ideal solution for businesses looking for a collaborative and community-driven environment.
Overall, Let’s Connect India’s coworking spaces solve the problem of high costs associated with traditional office rentals by offering affordable, flexible workspaces with all the necessary amenities, making it an ideal solution for businesses.
Let’s Connect India | Best Coworking Space in Noida
Let’s Connect India – Industry
Let’s Connect India is a key player in the coworking space and commercial real estate industry, which has experienced significant growth in recent years due to the rise of startups and the increasing demand for flexible office spaces. The global coworking space market size is projected to grow from $16.17 billion in 2022 to $19.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%, according to a report by Research and Markets. This growth is driven by factors such as the rising demand for flexible workspaces, the need for cost-effective office solutions, and the increasing trend of remote working.
In India, the coworking sector is expected to cross 50 million sq ft by the end of 2023, according to a report by JLL. This growth is fueled by the country’s rapidly expanding startup ecosystem, which has created a strong demand for flexible office spaces that provide an ideal environment for collaboration and innovation. As a leading coworking space provider, Let’s Connect India is well-positioned to capitalize on this growth and provide businesses with the space, services, and amenities they need to succeed in today’s dynamic work environment.
Sagar Narang is the Founder and CEO of Let’s Connect India.
Sagar Narang
Sagar Narang – Founder and CEO, Let’s Connect India
Sagar Narang is an accomplished entrepreneur hailing from Noida. He earned his Bachelor of Commerce in Accounting and Finance from Delhi University and went on to pursue a Master of Business Administration from Université de Bordeaux, France. He also holds a law degree from Indraprastha Law College in Greater Noida.
Before founding Let’s Connect, Sagar worked as a Marketing Executive at AIESEC in Egypt. In addition to his role at Let’s Connect, Sagar is also the co-founder of PolicyWings, a Noida-based insurance brokerage.
Let’s Connect India – Ideation Journey
Reminiscing the ideation journey of Let’s Connect India, Mr. Sagar Narang says,
“The idea of starting a coworking space was very spontaneous and came from a trip I(Sagar) took to Spain. Witnessing a concurrent space where people were paying to use the office, I got thrilled and wanted to try something like this in India”
Let’s Connect India – Name and Logo
Let’s Connect India Logo
“The idea was toconnect people with new office space and people. Therefore, the name could not be simpler than Let’s Connect”, says Sagar Narang, Founder and CEO of Let’s Connect India.
Let’s Connect India – Challenges Faced
Speaking of challenges faced by the company, Mr. Sagar (Founder & CEO of Let’s Connect India) pointed out thatSales has rather remained a bigger challenge. And the team is working its way to achieving that goal.
“Noida, being the new commercial hub, has many coworking spaces now. So, we have a lot of people venturing into our industry who are providing the same services. However, we do not think of anyone as our competitor right now. Our model and approach are quite different than others.” said Sagar.
Let’s Connect India – Future Plans
Let’s Connect India has plans for the future, including expanding to new locations and adopting cutting-edge technology to enhance the customer experience. The company is looking to become more advanced, well-equipped, and secure by implementing Internet of Things (IoT) technology such as smart CCTV cameras, biometric entry and exit systems, and a digital payment system to make all transactions cashless.
These changes will set Let’s Connect India apart from other coworking spaces in the industry. By optimizing asset utilization and reducing costs through power-saving measures and efficient energy consumption, the company will be able to offer even more affordable rates to its customers. Additionally, remote tracking and real-time tracking through IoT technology will enhance the security of the workspace and ensure the optimal utilization of resources. One of the most significant benefits of this technology will be its ability to identify trustworthy and valuable members, which will help the company build a strong community of like-minded professionals.
FAQs
What is Let’s Connect India?
Let’s Connect India is a leading co-working space provider in Noida that is committed to offering reliable and comfortable office space to its clients.
Who is the founder of Let’s Connect India?
Sagar Narang is the founder of Let’s Connect India.
When was Let’s Connect India founded?
Let’s Connect India was founded in 2018 and is headquartered in Noida, Uttar Pradesh, India.
Tips to Establish a Supportive Workplace for Transgender Employees – By Sanjay Kaul, CEO, InnovaWorkSpaces
India is a young country, with its majority population under the age of 30. The new generations come with their own beliefs and individualities –changing India’s consumption and economic story. Where most organizations fail in attracting the right millennial talent is the right culture. The culture doesn’t imply a fun environment, a high pay scale or gaming zones, but an inclusive and diverse workspace, that accepts people as individuals, and not on the basis of their gender.
Creating a trans-inclusive workplace will be the focus for many companies across the world, in the next few years. These younger generations need a workplace that doesn’t burden them emotionally, based on their gender identity, or disregards them. It’s high time companies realized this and looked into some ways to make their culture more gender agnostic for trans people.
Supporting the LGBTQ Community With More Inclusive Policies
The very first step in this direction would be more transparent gender agnostic non-discriminatory policies –which protect the trans community and promotes their rights as individuals. Such policies with strict bearings on violations will help the section of the trans workforce be more open and confident in professional settings, and in the long term will also contribute to people accepting the community and their ideas.
Education and Awareness Drives Within the Organization
Thrusting inclusive policies for an organization will never be enough. The population needs to be educated about different gender identities, and the trans community, in particular, to help them clarify their assumptions and encourages sensitivity. One of the reasons the transgender community is neglected is that they never feel open and accepted by their colleagues. This will eventually come through additional efforts by companies that educate and train their employees about gender discrimination issues, and diverse identity cultures.
The Pronouns and Their Usage
A trans-inclusive workplace needs to normalize the pronouns, they, them, their and let people use them freely and unapologetically. This should be one of the key steps of the organizational trans-culture policy. Normalize asking for accepting preferred pronouns and titles that the trans community would like to use to define their identities.
Ensure Inclusivity When It Comes to Workplace Amenities
When it comes to implementing and achieving the inclusion of diverse communities and genders in the workplace, organizations need to ensure that this is embedded in the physical space. This implies amenities, restrooms, medical facilities and so on. The workforce, HR managers and leaders – all need to accept the new aspects of this inclusion, while it helps employees feel more comfortable and connected to their workplace.
Ample Opportunity and Fair Exposure
It is essential that an organization is not only trans-inclusive in its books, but also needs to provide ample opportunity for trans people to showcase their creativity, collaborate with other employees, and get the right exposure that they deserve in their roles. They should be valued and feel fulfilled considering that they are impacting the business.
Some Trans-Community-Focused Initiatives or Benefits
While an organization is expected to be fair and gender agnostic in its policies, some benefits and initiatives designed specifically for the trans community will help boost their confidence in the workplace. It also speaks to the inclusion of such minority communities, an example of which can be fertility benefits and policies, in which transgenders are often excluded.
Conclusion
Trans people often experience stigma and discrimination, hostility from others, and pressure to “manage” their identities in social settings, including the workplace. It is important to have a positive and supportive environment to work in. Governments have taken a series of steps and policies to support trans people but until the common people do not change their perceptions, the situation remains the same.
Before we begin to talk about coworking, why not brush up on some basics a bit? By the way, did you know that the first coworking space was founded way back in 1995? Well, that’s an interesting fact.
There is no denying that these spaces have come a long way now. However, the guiding principles, collaborations, and sense of community remain unchanged. The world has seen a tremendous change in working trends in the past 25 years.
An increasing number of the workforce now likes to get engaged in freelancing or contract work instead of sticking to the same organization. The world of freelancers has already grown and keeps on increasing every single day.
Now that professional lives have become mobile and people have the flexibility of choosing their own workspace, no one likes to work in isolation or at home. That is when coworking spaces come in handy. They create community hubs for all like-minded people where they can get together, collaborate, share ideas, and keep working independently.
So, if you want to capitalize on this growing and steady demand, consider starting a coworking space. While it is not an easy task, this guide aims to make the entire process easier and more organized. This guide covers everything you must know and should do to start a highly successful coworking space business.
There is no denying that the future of coworking is bright in today’s world. Numerous industry leaders and intellectuals have predicted the importance of coworking spaces in every industry during the current and upcoming times.
Moreover, the mobile workforce embraces the coworking spaces like no other. That is because they offer more than just affordable office spaces and necessary amenities. These spaces offer a place for like-minded individuals to create their ideas, resources, and network. That also helps everyone grow their individual businesses.
If you are a business or an enterprise thinking about starting a coworking space, now is the right time to do so. The interest in coworking spaces seems to be on the rise and so is the demand.
How to Start a Coworking Space (Complete Business Plan)
Now that we know about coworking spaces and the future that waits for the same, let us investigate the necessary steps that you can follow towards starting a coworking space business.
1. Knowing your intent
Firstly, figure out what made you decide to start a coworking business. Once you get the answer, it will be easier for you to focus on the main goals. Moreover, you need to focus initially on the benefit instead of profit to keep running the space smoothly. The arena that you are going to create should aim at bringing all the talented people together.
2. Study the demand for coworking space business
You need to investigate whether your coworking space has any demand in the market before aiming for anything bigger. That decision should be taken before you buy any furniture or sign a lease for the space.
You can also create a group on social media and host some events to promote interest in the same. That will not only help you do some necessary groundwork but also help in building a strong online community. That will serve as a marketing avenue for your coworking space.
3. Deciding on your framework
The business model for coworking space falls under different categories. You need to pick either of them depending on your circumstances.
Private offices
You can always rent out private offices within your coworking space to maximize your income. You can also put on an advertisement for the same while inviting all the creative and talented people to come under a single space.
Business space
If you are someone having a business with some unused office space, then you can surely set up a coworking space there. It will also help you prevent some of the maintenance costs and office setup expenses. The main advantage here is the extra amount of money that you will earn apart from the one coming from your already established business.
Private space
You can always partner with another person like a café or a property owner to start your coworking space. You can approach certain pubs, restaurants, or cafes that can act as coworking spaces during closing hours. That will not only bring the owner some extra income but also give the fruition of your labor.
Public space
Looking for an untapped goldmine within your city? Your local city council may prove to be one! You can discuss with the members about the space and funding opportunities and see if that aligns with your idea.
Events
You can always host events within your coworking space that can provide you with a revenue stream. That is also another way of making your space more visible to the public eye. You can always host meetups, film nights, and events of a similar sort to promote your brand further.
4. Financial Model for Coworking Space
It is essential for you to have sound financial planning ahead of starting your coworking space. Moreover, make sure that you are aware of all the legal registration and insurance matters related to the same. The most important things that you need to focus on are structuring your fee schedule, financing your coworking space, and tasks of a similar sort.
Finance
You need to first decide how to finance your coworking space before beginning with the work. You also must decide whether you will be investing your money or will approach investors. You will also find many other good funding sources like family members, friends, local government bodies, business contacts, and more.
Price structure
You must place your price structure based on time. It may be a daily, weekly, monthly, or even yearly rate. You can reward the users who book your space for longer periods. You should always request advance booking to avoid loss if the person doesn’t show up later.
5. Economically viable way
It is always recommended to make your plan economically viable to make a profit in any business. The same applies to the coworking space business. You must try integrating as many services as possible into your coworking business. That will make the users spend more money on the same. For instance, you can either set up a cafeteria, a gym, or even a sauna within the area.
Once everything is ready, you should now put your entire focus on attracting people. Start running paid ads on different social media platforms to let people know you’re open. You should design your marketing strategy after knowing where your target audience hangs out the most.
Besides running ads for your coworking space on multiple platforms, you can also launch some excellent influencer marketing campaigns to spread the word faster. Hiring a performance marketer for this task would be a better option.
But what if you don’t have enough marketing budget? Well, there is still a way out. One great way to market the coworking space at zero marketing cost is by cold pitching to your target audience on Facebook.
Join Facebook startup groups that are for professionals working in your business location. After joining, track all the active members in the group who show interest and visit startup events, and pitch them to your workplace. It will require significant time and energy, but the returns will be worth it.
It’s all about targeting the right people from online communities, striking a conversation, and making an appealing pitch. You can start by quickly striking up a conversation with them and later introduce your coworking space. It can appear like a tedious, long process, but it works.
Conclusion
Coworking is a great place for socializing. It can not only enrich your daily life but also help you exchange ideas with other people. Apart from that, you can stay up to date about the latest trends and share work at times. Financially, it is the most advantageous business that helps you share resources, pay bills, and meet interesting and talented people.
FAQ
How profitable are coworking spaces in India?
If you build a concrete business plan it is likely that your coworking business will become profitable after two years in operation.
How do coworking spaces work?
Coworking spaces act as a shared workspace where the business offers office space for companies or freelancers who are looking for a budget-friendly alternative to a full-fledged office.
What is the future of coworking spaces in India?
The future of the coworking space industry in India is growing rapidly and is expected to reach $2.2 billion in 2022.
The office space format has come a long way since it was regarded solely as a place of work at a convenient location, with plain desks, chairs, and cabins comprising the overall set up. Over the past few years, we have seen the workplace evolve significantly in terms of space utilization, design, architecture, and tech innovation.
Co-working spaces are no longer limited to only budget tight startups and freelancers. In the present time, it has become an attractive choice for many mid to large-sized enterprises. Prominent MNCs are now working out of co-working spaces and opting for co-working spaces for their expansion in different cities. Taking this concept to a new level, Neetish Sarda & Harsh Binani launched Smartworks in 2016.
In this article, we have discussed Noida’s co-working space company, Smartworks, its business, and investors. Read the full article to know more about Smartworks and its services.
SmartWorks offers state-of-the-art serviced workspace solutions for individuals and businesses that want the best of work environments without committing themselves to long-term leases or contracts. It offers tailor-made offices and combines top-notch real-estate design, technology, and hospitality to create vibrant communities in the workplace.
Envisioned as a reboot of traditional coworking spaces, Smartworks aims to provide entrepreneurs with all the flexibility that they need to succeed in the competitive business environment of today. Moreover, being serviced and completely customizable, these workspaces help businesses minimize their overhead expenses. Whatever you need, there is a smart solution for you here at Smartworks.
The market for co-working space is on a growth trajectory in India with many players entering the sector as there is immense potential. Smartworks, in this space, differ from other companies as the focus is on flexible, managed and configured workspaces targeting enterprises with longer tenures. Smartworks creates a way of life that goes beyond being ‘just an office space’ with a laser focus on employee happiness and productivity across our facilities in the country.
Smartworks – How It Works
With their rich experience and knowledge of real estate, the team can offer a readily configured workspace to clients within four to five weeks as compared to the traditional workspace providers who take nine to ten months to deliver the same.
Smartworks, as a venture, have a holistic approach to keeping members engaged and productive. Various services and events are ranging from its in-house F&B services, hobby clubs, corporate grooming sessions, yoga classes to live bands.
As a part of the Smartweekenday campaign focused on member happiness, Smartworks organizes regular events ranging from fitness, ‘shared-knowledge opportunities, food trails, skill-building workshops, leadership series, music, and dance therapy, bringing pets to work, to learning new courses and languages.
Smartworks’ Co-Working Space in Bangalore
Tech-Enabled Environment
Smartworks App– It has an in-house smartphone application that facilitates collaboration & networking to increase work efficiency across centers. The app also reduces downtime as it offers real-time tech support and ensures issues are resolved as soon as possible.
Visitor Management System – Installation of the Visitor Management System ensures effective processing and tracking of your guests. Accuracy and security are well taken care of through digital registration and identification.
IOT based Meeting Room Bookings – Smartworks has an indigenously developed a meeting room solution that rides on the new age tech-IOT to efficiently manage meeting room bookings, generate utilization analytics, insights and can be white-labeled as per the customer needs.
Smartworks – Target Market Size
The growth of the co-working market is gaining momentum at a rapid pace. The reasons behind this growth are manifold, the foremost being the reduced cost of working out of co-working spaces instead of leasing entire buildings. The market size of co-working spaces across the country is expected to be 13.5 million users by 2020, entailing half of its contribution from enterprises that are expected to take up 10.3 million seats. Most of the industry players entering the picture instill India as a flexible space market across the Asia Pacific region.
Over the years of Smartwork’s operation, the team has analyzed the demand patterns and identified large enterprise segments to be ripe for the growth of co-working spaces. Smartworks has leveraged this opportunity and worked towards providing an unmatched office experience to large corporations and big MNCs including Fortune 500 companies.
The market demand is driven by agility, affordability, community collaboration and increased focus of established corporations by varied needs and Smartworks has been a pioneer in delivering these crucial aspects.
Smartworks have the potential to cater to 97% of the office market demand in the country, and today this customer segment forms more than 90% of its clientele. It has grown threefold since our inception in 2016 –both in numbers and revenue.
In April 2016, Smartworks made its foray into the Indian market with its differentiated offering of ‘managed office spaces.’ To enhance Smartworks leadership further, the team onboard Harsh Binani, it’s Co-founder who comes with a strong background in strategy and operations from McKinsey& Co’s Chicago office.
At Smartworks, Harsh has envisioned the overall strategic roadmap for the company, driving product development, customer experience, technology, and marketing. He is passionate about building a healthy work culture not only for Smartworks but also for all our member companies. Analytical, straightforward, and focused, he ensures that Smartworks is on a fast growth track and delivers value to all our clients.
Both Harsh and Neetish, are determined to make “Smartworks” the largest network of new age, managed office spaces in the country indexing on customer experience, design, technology, and community.
Smartworks – How It All Started?
“My journey with Smartworks has been full of new experiences and challenges. My exposure to futuristic workspaces of the likes of Google and Microsoft in the US and Singapore as a college student helped me realize the probability of similar workspace disruption in India, which can maximize overall employee engagement and productivity.” Said Neetish.
At that time, India was undergoing tremendous workspace transformations and moving away from the conventional office format. Upon thorough research, Neetish found out that the pace of transition to smarter workspaces in India was way behind as compared to the West, due to limited workspace design innovations and infrastructural flexibility. This is when he decided to create an unparalleled office experience for Indian office goers, which is both accessible and affordable. He wanted to create a vibrant workspace with employee engagement sessions, corporate grooming workshops and recreational spaces for the aspirational workforce of today.
Since then, there has been no looking back, Smartworks created a new market altogether by putting together the best elements of conventional office space and a co-working space. The company’s laser-sharp focus on large enterprises has emerged as the preferred choice for enterprises when it comes to managed office spaces. Smartworks is building vibrant workspaces with the vision to make office fun again. The positive work environment translates into a place of productivity, engendering extra energy and better output.
Currently, the 95% commercial real estate absorption is attributed to enterprises in India. Analyzing the market potential, Smartworks has positioned itself as an enterprise-focused service, and the central idea behind this is to capture the bigger market.
Smartworks – Name, Tagline, & Logo
Smartworks Logo
The name ‘Smartworks’ has been derived from our firm belief that excellence is a product of working smartly day in and day out. It’s tagline, ‘Workspaces that work for you’, indicates how well its workspaces work for all the clients irrespective of their size, nature of business or demography. The motto was simple “Create office spaces where people ‘want’ to go, not just ‘have’ to go!”. It’s office spaces are a combination of beautifully designed infrastructure, state of the art technology integration and amenities that are available to the members.
Initially, when Smartworks had just launched, the team’s focus was on startups and freelancers. But after much research, they figured out that enterprises make up for the maximum market, and therefore they changed their strategy. Today, more than 90% of Smartworks revenue comes from enterprise clients.
Here are the three-pronged strategies that have led to the performance and growth of Smartworks in all these years:
Bringing large enterprises in the purview of coworking spaces – The very first decision to shift our focus from startups to large enterprises is what defines the story of Smartworks. It was a difficult decision, though, but turned out to be a wise one when the team looks back now. Smartworks started to completely revolutionize the way offices function in India. And it became imperative to cater to large enterprises that have tremendous potential for this industry and can help Smartworks establish its name in the market. And in just over three years, the team has successfully established Smartworks as a preferred Managed space office provider in India for large enterprises.
Investing in large facilities with faster turnaround time – Enterprises typically face significant challenges around new office space acquisition at the right location and its development. Business requirements of enterprises are unique, precise, and they look for long term leases where the location is the key priority. Smartworks invest significant time and research on such profitable buildings and take them on lease for 9 to 10 years. By doing this, Smartworks takes away all such challenges from the enterprises and provides them with completely fitted out/configured space within 4-6 weeks, which compliments their brand ethos and requirement. It matches the preferences of its clients, which has made Smartworkd, the first preference/choice for large enterprises.
Focus on design and environment for productivity – Gone are the days when an organization would choose workspaces only because of its cost-effectiveness. The infrastructure and the experiential environment in a workplace plays a crucial role in keeping employees engaged, empowered, and happy. Artistic touches in workplace design like flooring, wall arts, graffiti, comfortable seating options, bio-phallic architecture, gaming zone, vibrant cafes convey the personality of a coworking site than any larger investments made by the companies. Attention to design and architecture in workspaces gives a big boost in employee productivity. In line with that aim, all Smartworks offices today are state-of-art smart buildings, all tech, and services enabled. The vibrant, colorful, and environment-friendly workspace is designed to suit the needs of the workforce of today, with more open spaces and lesser cabins- this ensures more communication and collaboration.
Smartworks – Business & Revenue Model
Smartworks primarily functions on the lease model, where it takes large bare-shell spaces on a long-term lease from landlords. These spaces are then configured as per the client requirements the space for enterprises and other companies looking for an agile co-working space. Our minimum lease term is for three years, and on an average, a client takes about 280 seats, which is 10,000 sq. ft. area. So, we are into a large format play, unlike a regular co-working space. The idea is to move beyond providing space as a rigid commodity and offer workspace as a service based on varied requirements.
Smartworks – Startup Challenges
Initially, one of the hurdles that Smartworks faced was challenging the preconceived notions of MNCs and Indian enterprise giants, who were reluctant to leave their comfort zones and trust a coworking space with their operations.
The team then went on to focus on providing not just an office space, but a holistic office experience. Right from the infrastructure, technology, employee engagement activities, configured offices, we catered to every demand of our customers. At Smartworks, they believe in providing cutting-edge innovation and technology. This decision proved to be a game-changer for the venture because it could successfully add value to its client’s work life in terms of lending vibrancy, boosting productivity and ensuring employee happiness.
“Today, we feel proud of how we have revolutionized the whole office experience for our clients and have become India’s largest provider of agile workspaces with a growing footprint.” Added Neetish.
Smartworks – Funding & Investors
Smartworks has raised $25 million in Series-A funding from Singapore-based real estate giant Keppel Land, on a minority stake. With this strategic investment, the venture will be able to scale up even more rapidly across India’s Tier I cities where it has its presence and further invest in building up our next generation product, improving client experiences, as well as boosting our talent and technology.”
Smartworks, headquartered in Noida, India is the only homegrown agile workspace provider that has become profitable in India. It has a presence across 40 centres in 14 cities with spanning 8 million square feet across India as of September, 2023.
The team has consistently built high-quality workspaces dovetailed with impeccable hospitality, design, and technology. Moreover, their key focus areas remain designing, productivity and employee engagement programs to elevate member experience.
Smartworks’ presence and expansion in all these cities is a testament to its lucrative business model and our massive growth journey over the years. It has recently raised $25 Million from Singapore-based real estate giant, Keppel Land in series-A funding. Smartworks now aim to utilize this strategic funding to expand its footprint and to workstation counts across the cities where it already has a presence.
Financials
Smartworks Financials
Smartwork Financials
FY22
FY23
Operating Revenue
Rs 360 crore
Rs 711 crore
Total Expenses
Rs 488 crore
Rs 880 crore
Profit/Loss
Loss of Rs 70 crore
Loss of Rs 101 crore
Smartworks – Awards & Recognition
The awards that Smartworks has won over the years are:
Coworking Leader of the Year 2020 (South) Award by Realty Plus, an Exchange4media group publication in Realty Plus Coworking Summit and Awards 2020.
Coworking Brand of the Year 2020 – Pune by Realty Plus, an Exchange4media group publication.
ET Most Promising Entrepreneur of India at The Economic Times Promising Entrepreneurs of India 2019 event held on March 29, 2019.
The recognitions under its name are:
Smartworks made it to Linkedin’s List of Top 25 Startup companies to work for in 2019.
Smartworks has also participated in the following conclaves as a keynote speaker:
ET Global Summit 2019.
ET GBS Summit 2020
11th Edition of CII Realty & Infrastructure Conclave- Commercial Real Estate: Building a Sustainable Future.
APREA and NAREDCO’s Real Estate and Infrastructure Investors’ Summit- India – The renewed investment frontier
10th Realty Conclave: Excellence Awards – West – Offices Parks Investor Strategy – Flexibility vs location
Smartworks – Future Plans
In the series of growth, it has recently leased out India’s largest coworking facility in Koregaon Park, Pune. It is a 5 Lakh sq. ft. facility and will be operational by 2021.
“As the entire co-working/ agile workspaces segment grows in India, we believe that constant innovation, customization, as well as customer happiness, will help distinguish Smartworks and its service offerings from other coworking firms in the country. Over the next 4-5 years, we aim to expand to 20 million sq. ft. and provide office solutions for over 200,000 working professionals.” Concluded Neetish.
Smartworks – FAQ’s
What is Smartworks?
SmartWorks offers state-of-the-art serviced workspace solutions for individuals and businesses that want the best of work environments without committing themselves to long-term leases or contracts.
Who is the founder of Smartworks?
Neetish Sarda and Harsh Binani are the founders of Smartworks.
What services does Smartworks provide?
Envisioned as a reboot of traditional coworking spaces, Smartworks aims to provide entrepreneurs with all the flexibility that they need to succeed in the competitive business environment of today.
Where is Smartworks located?
Smartworks is headquartered in Noida, India.
In which cities Smartworks has its presence?
It has a presence across all the top 9 metros cities in India with 29 centers in Delhi, Noida, Gurgaon, Mumbai, Bangalore, Pune, Chennai, Hyderabad, and Kolkata with a total footprint of 3.8 million sq. ft.
Smartworks – Conclusion
Smartworks aim is to provide a completely managed and configured office spaces with world-class facilities and a collaborative community environment. The core of the business strategy is better employee engagement, employee happiness, and wellness in the workplace. Smartworks has worked on driving collaboration while establishing ways to increase productivity and this enthusiasm has been the driving factor that sets it apart. It’s a unique capability that stems from absorbing global best practices, coupled with hands-on real estate experience forms the foundation of its management strategy.
Swetlana Neog
