Corporate shift to hybrid work shores up demand for co-working spaces
Much of the growth is being led by the IT/ITeS and BFSI sectors. For Smartworks, the IT sector forms about 55% of its clientele.
Much of the growth is being led by the IT/ITeS and BFSI sectors. For Smartworks, the IT sector forms about 55% of its clientele.
The pandemic has ushered in a new era of work, where the location becomes redundant. The difference between home and office has been blurred. But this new normal also has inbuilt digital challenges.
The new economy playbook has started wearing out. The signs are ominous. Positioning oneself as a tech company—exaggeration, outright lie, or the truth—is all shades of grey now.
Apart from technologies like cloud, A.I., IoT, and Big Data, pandemic-attack driven compulsions will also influence the future of work.
Less than a month after WeWork’s IPO was postponed and Adam Neumann stepped down as CEO, Embassy Group-run WeWork India is looking to raise $200 million to fund its growth.
According to a source, the payment process for the transaction, worth ₹180 crore to ₹200 crore, has been initiated.
Hotels offer facilities that fit well into the co-working model without large investments or structural changes
As startups and global corporations ramp up their presence in the south, the timing couldn’t have been better for co-working space providers to tap that opportunity.
The Indian co-working space is the newest battleground for entrepreneurs and investors alike, with global giant WeWork looking to lead the way.