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91Springboard - About the company

91Springboard is a series B company based in Mumbai (India), founded in 2012 by Pranay Gupta, Varun Chawla, Anand Vemuri, Pranay Gupta and Deepak Sharma. It operates as an Operator of shared workspaces, private offices, and virtual office solutions. 91Springboard has raised $29.2M in funding from investors like Shinsei Bank, HSBC Private Bank and Phoenix International, with a current valuation of $*****. The company has 2013 active competitors, including 106 funded and 108 that have exited. Its top competitors include companies like Smartworks, WeWork and Industrious.

Company Details

91Springboard is one of India’s leading workspace solutions providers, delivering flexible, design-led office environments for enterprises, GCCs, startups, and growing businesses. The company operates across two core offerings: ready-to-move-in private suites and flexible workspaces for immediate occupancy, alongside customized, built-to-suit managed offices designed to meet specific business requirements. This dual approach enables 91Springboard to deliver scalable, highquality workspace solutions across varying team sizes and stages of growth. With a strong focus on customer-centricity, operational excellence, and rapid expansion, 91Springboard continues to shape the evolution of workspace-as-a-service in India— delivering environments that are built to perform, every day.
Social
Facebook
Email ID
*****@91springboard.com
Phone Number
+91 **********
Registered Address
77 High Street, #09-14, High Street Plaza, Singapore 179433
Key Metrics
Founded Year
2012
Location
Mumbai, India
Stage
Series B
Total Funding
$29.2M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 27, 2021
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
282 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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91Springboard's funding and investors

91Springboard has raised a total funding of $29.2M over 8 rounds. Its first funding round was on Aug 11, 2016. Its latest funding round was a Series B round on Oct 27, 2021 for $*****. 10 investors participated in its latest round. 91Springboard has 27 institutional investors and 27 angel investors.

Here is the list of recent funding rounds of 91Springboard:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 27, 2021
6614234
Series B
5021109
9309896
9582926
9458042
Jan 01, 2021
4720832
Grant (prize money)
4634262
9202025
7676985
Jun 23, 2020
4509242
Series B
7419345
2543335
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91Springboard's founders and board of directors

Founder? Claim Profile
The founders of 91Springboard are Pranay Gupta, Varun Chawla, Anand Vemuri, Pranay Gupta and Deepak Sharma.
Here are the details of 91Springboard's key team members:

91Springboard's Board of Directors

91Springboard's board has 7 active members. Pranay Gupta, Varun Chawla, Anand Vemuri and Arvind Khattar are part of team and Sudheer Kunnummal Veettil, Sanjay Kumar Pribhdas and Eric Serioj Bazil are independent board members.
Here is the list of 91Springboard's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 0m
Team
-
Current
14y 1m
Team
-
Current
13y 5m
{rpqe{j
Team
-
Past
6y 3m
aqb{zfx
Team
-
Past
5y 1m
qpl{sqd
Team
-
Past
5y 9m
Investor
-
Current
10y 6m
Independent board member
-
Current
6y 1m
yglhnol
Independent board member
-
Current
8y 3m
{r{lpql
Independent board member
-
Current
7y 1m
pltcmmu
Independent board member
-
Past
9y 4m
pnknsxf
Independent board member
-
Past
2y 5m
ywnz{ao
Independent board member
-
Past
5y 5m
hzmhpno
Independent board member
-
Past
1y 8m

91Springboard's employee count trend

91Springboard has 282 employees as of Aug 26. Here is 91Springboard's employee count trend over the years:
Employee count trend for 91Springboard
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91Springboard's Competitors and alternates

Top competitors of 91Springboard include Smartworks, WeWork and Industrious. Here is the list of Top 10 competitors of 91Springboard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smartworks
Smartworks
2015, Gurugram (India), Public
Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces
$70M
81/100
2nd
Logo for WeWork
WeWork
2010, New York City (United States), Acquired
Provider of flexible workspace solutions, including coworking spaces and private offices
$12.8B
76/100
3rd
Logo for Industrious
Industrious
2013, New York City (United States), Acquired
Operator of flexible workspaces offering private offices and coworking solutions
$334M
76/100
4th
Logo for IndiQube
IndiQube
2015, Bengaluru (India), Public
Provider of a flexible workspace solutions for businesses
$45M
74/100
5th
Logo for 91Springboard
91Springboard
2012, Mumbai (India), Series B
Operator of shared workspaces, private offices, and virtual office solutions
$29.2M
72/100
6th
Logo for JustCo
JustCo
2011, Singapore (Singapore), Public
Provider of managed co-working spaces for freelancers, startups, and small & large companies
$86M
72/100
7th
Logo for Convene
Convene
2009, New York City (United States), Acquired
Hospitality-led venue network offering meeting, event, and flexible workspace solutions
$266M
72/100
8th
Logo for Bhive
Bhive
2014, Bengaluru (India), Seed
Chains providing coworking and managed office spaces with flexible options
$3.09M
70/100
9th
Logo for Bruntwood
Bruntwood
1976, Manchester (United Kingdom), Series D
Provider of integrated commercial property and workspace solutions
$525M
70/100
10th
Logo for WeWork
WeWork
2017, Bengaluru (India), Public
Chains providing flexible office spaces and shared professional work environments
$26.7M
68/100
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91Springboard's Investments and acquisitions

91Springboard has not made any acquisitions yet. 91Springboard has made 18 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 26, 2022
Investments
2012
Wilmington (United States)
Dec 11, 2021
Investments
2013
Ahmedabad (India)
Feb 19, 2021
Investments
2018
Bengaluru (India)
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Reports related to 91Springboard

Here is the latest report on 91Springboard's sector:

News related to 91Springboard

lockFilter this list
Media has covered 91Springboard for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about 91Springboard

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