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    • Awfis signed up with 11 GCCs in ten months for workspace, plans to launch furniture brand next quarter

      Awfis is also expanding across both metros and Tier II markets, with operations in nine metros and nine Tier II cities. Ramani said growth in Tier II has been strong, though supply availability is a constraint.

    • Coworking firm Awfis reports Rs 2.78 cr profit inQ1; revenue up 39%

      The consolidated net profit of Rs 2.78 crore marked a significant turnaround from the Rs 8.30 crore net loss recorded in the same period last year.

    • Peak XV Partners clocks 3X returns from Awfis investment in seven years

      The VC fund has generated Rs 607 crore on a total investment of Rs 206 crore, based on the current return multiple. That only translates to a return of 3X in seven years which is not lucrative for venture funds.

    • Coworking firm Awfis' Rs 600 crore-IPO to hit market on Wednesday

      The company has fixed a price band of Rs 364-383 per share for its maiden public issue, which will open on May 22 and conclude on May 27.

    • IPO-bound Awfis’ Amit Ramani on the startup’s differentiated business model, demand for co-working spaces in India

      Post the IPO, Awfis’ largest shareholders Peak XV’s stake will decline to 10-11 percent and ChryCapital’s holdings through its unit Bisque will go down to about 13-14 percent stake, Ramani said.

    • ChrysCapital & Peak XV backed Awfis picks 3 i-banks for 2024 IPO; first ever by a co-working space startup

      Chennai based Awfis competes with the likes of WeWork, Smartworks and Tablespace. The segment has seen a sharp recovery post Covid-19 with a bulk of the demand coming from the IT sector.

    • Awfis launches new co-working centre in Kolkata spread over 13,000 sq ft

    • Co-working firm Awfis ties up with Nucleus Office Parks to set up 450-desk centre in Mumbai

    • After two waves of Covid-19, co-working spaces spearhead the hybrid work model

    • Prestige Group, Awfis to provide 5 lakh sq. ft of flexible working spaces; invest Rs 110 crore

    • Awfis leases 64,000 sq ft of flex space for WayCool Foods in Bengaluru, Chennai

    • Flex workspace provider Awfis strengthens presence in east, opens 2 new centres in Kolkata

    • Prestige Group and Awfis partner to provide 2 lakh sq ft of grade-A flexible working spaces; to invest Rs 40 crore

    • Co-working space provider Awfis enters Chennai; launches first centre spread across 65,000 sq ft

    • Co-working space provider Awfis launches 10th centre in Pune

    • Testing waters: Can co-working be the lucky mascot for Oyo?

    • Awfis FY19 revenue jumps nearly 3-fold to Rs 158 crore on rising demand for co-working space

    • Awfis to triple number of co-working seats to 12,000 in Pune

    • Awfis to expand co-working space four-fold by 2020; to be profitable in FY19

    • Bengaluru retains top spot as India’s largest market for flexible workspaces

    • Co-working space heats up! How Awfis is planning to take on WeWork

    • VC investments in startups decline 25% to lowest in last 3 years

    • Co-working spaces are becoming popular in Delhi NCR

    • Co-working office spaces: Can Mumbai match the mounting demand?

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