Smartworks

Smartworks is a flexible workspace provider that operates within the commercial real estate and services space. It primarily works with large enterprises, helping them set up fully managed office spaces. These spaces are designed specifically for each company — layout, branding, tech, and support are all tailored. Every office is tailored to reflect the client’s specific preferences. Today, Smartworks oversees more than 8 million square feet of office space and serves over 600 enterprise clients across the country. But it’s not just about space. The company also looks after daily operational tasks — like front desk management, housekeeping, pantry services, and IT support. Clients can use a tech dashboard to handle bookings or raise service requests when needed. Before going public, Smartworks had raised around ₹412 crore in funding.

Core products & Services

Custom-built offices: Tailored workspaces designed to meet specific client requirements.

Smart operations: Tech-enabled systems that streamline office management and enhance efficiency.

Full-on facility care: End-to-end facility management covering security, maintenance, and support services.

Business Model

• B2B: They lease office spaces, customize and furnish them and then sublease to clients under 3–5 year agreements. The offering combines real estate with managed services.

Revenue Streams

• Main income : Long-term rental contracts.

• Other Income: Clients pay more for custom finishes, tech, branding and other add-ons.