Smartworks Raises Rs 168 Cr From Keppel, Ananta Capital, Others
Since 2019, Singapore-based Keppel has been a prominent and longstanding investor in Smartworks having invested USD 29 million in the company to date
Smartworks, a Gurugram-headquartered managed workspace platform, has raised Rs 168 crore (USD 20.24 million) this year from investors including Keppel, Ananta Capital Ventures Fund I, Plutus Capital, and high-net-worth individuals.
The funding round underscores investor confidence in Smartworks' office experience and managed campus platform, with plans to fuel business growth and meet corporate expenses.
Neetish Sarda, Founder of Smartworks, expressed gratitude for investor support, highlighting expansion plans and said, "Capital from the latest fundraising will be used to expand our footprint and enhance our services. We remain committed to our growth."
Louis Lim, CEO of Real Estate at Keppel reiterated their long-term commitment, "Since our initial investment in 2019, Smartworks has become India’s leading managed workspace platform. This investment reflects our dedication to supporting Smartworks’ growth and expanding our office portfolio in India."
Since 2019, Singapore-based Keppel has been a prominent and longstanding investor in Smartworks having invested USD 29 million in the company to date.
Smartworks has expanded significantly in Fiscal 2024, adding new centres across Gurgaon, Noida, Pune, and Chennai. With a presence in 13 cities and a portfolio spanning 41 centres totaling 8 million sq. ft., Smartworks caters to large organisations across sectors
