When was Smartworks founded?

Smartworks was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Smartworks located?

Smartworks is headquartered in Gurugram, India. It is registered at 21A, Shakespeare Sarani Rd, Kankaria Estates, Park Street area, Kolkata, West Bengal 700017.

Which legal entities is Smartworks associated with?

Smartworks is associated with SMARTWORKS COWORKING SPACES LIMITED and 2 others.

How many employees does Smartworks have?

As of Mar 31, 2025, Smartworks has 794 employees, reflecting a 12% year-over-year growth in headcount.

Is Smartworks a funded company?

Smartworks is a funded company, having raised a total of $70M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 12, 2017.

When was the latest funding round of Smartworks?

Smartworks' latest funding was a $***** Series B round on Jun 07, 2024, with participation from 44 investors. Its primary sector is Commercial Real Estate Tech. In India, the Commercial Real Estate Tech sector has seen $118M in funding in 2026 to date.

What is the annual revenue of Smartworks?

Annual revenue of Smartworks is more than ₹1,000 Cr as on Mar 31, 2025

Where does Smartworks rank among its competitors?

Smartworks ranks 1st amongst 2508 active competitors, of which 106 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Convene, which secured $230M in Mar, 2026.

Who are the top competitors of Smartworks?

Smartworks' top competitors include WeWork, Industrious and IndiQube. Among them, Convene secured the most recent funding round in March, 2026.

Smartworks - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Smartworks is a provider of enterprise managed office solutions, offering custom-built workspaces for global companies, large enterprises, and growing businesses. The company operates in multiple cities and provides a range of amenities and flexible workspace solutions. It is India's largest managed office platform by footprint, with a significant operational portfolio.

Website: www.smartworksoffice.com/
Social
Email ID: *****@sworks.co.in
Phone Number: +91 **********
Registered Address: 21A, Shakespeare Sarani Rd, Kankaria Estates, Park Street area, Kolkata, West Bengal 700017

Key Metrics

Founded Year

2015

Location

Gurugram, India

Stage

Public

Total Funding

$70M in 7 rounds

Latest Funding Round

Series B, Jun 07, 2024, $*****

Investors

Mansoul Commercial & 81 more

Ranked

1^st among 2508 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

794 as on Mar 31, 2025

Investment & Acquisitions

Workstudio

Similar Companies

WeWork & 2855 more

Exit Details

Public

View Smartworks' full profile

Smartworks is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SMARTWORKS TECH SOLUTIONS PRIVATE LIMITED CIN: U62099DL2019PTC347081 , India, Active	Mar 11, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	45 (As on Apr 30, 2026)
SMARTWORKS COWORKING SPACES LIMITED CIN: L74900DL2015PLC310656 , India, Active	Dec 17, 2015	₹1,000+ Cr (As on Mar 31, 2025)	992 (As on Apr 30, 2026)
Smart Work Business Centre Private Limited CIN: U74900WB2015PTC208896 , India, Active	Dec 16, 2015	$0 - $1M (As on Mar 31, 2017)	-

Smartworks got listed on Jul 17, 2025.

Click here to take a look at Smartworks's IPO in detail

Smartworks has raised a total funding of $70M over 7 rounds. Its first funding round was on Dec 12, 2017. Its latest funding round was a Series B round on Jun 07, 2024 for $*****. 44 investors participated in its latest round. Smartworks has 28 institutional investors and 54 angel investors.

Here is the list of recent funding rounds of Smartworks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 07, 2024	5774539	Series B	7473570	4776151	8437799	5381812
Apr 18, 2024	5151695	Series B	9125606	7857889	2252956	Keppel
Jan 13, 2024	4080286	Series B	6697389	2485116	Nilliampathy Tracon & 2 more	Kalko Prashanth Reddy & 2 more

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View details of Smartworks's funding rounds and investors

The founders of Smartworks are Harsh Binani and Neetish Sarda.

Here are the details of Smartworks' key team members:

Harsh Binani: Co-Founder of Smartworks. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Neetish Sarda: Co-Founder & Managing Director of Smartworks. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Smartworks' Board of Directors

Smartworks's board has 7 active members. Harsh Binani, Neetish Sarda and Atul Gautam are part of team and Kiam Kheong Ho, Rajeev Rishi, Pushpa Mishra and Virusangulam Kumarasamy Subburaj are independent board members.

Here is the list of Smartworks' board of directors:

Name	Type	Representing	Status	Duration
Neetish Sarda	Team	-	Current	10y 9m
qfyojzq	Team	-	Past	1y 2m
swiah{l	Team	-	Current	2y 5m
Kiam Kheong Ho	Independent board member	-	Current	2y 2m
dhzbnuh	Independent board member	-	Current	7y 9m
kfbxylf	Independent board member	-	Current	4y 2m
wocwla{	Independent board member	-	Current	6y 6m

View details of Smartworks's Founder profiles and Board Members

Smartworks' employee count trend

Smartworks has 794 employees as of Mar 25. Here is Smartworks's employee count trend over the years:

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Top competitors of Smartworks include WeWork, Industrious and IndiQube. Here is the list of Top 10 competitors of Smartworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Smartworks 2015, Gurugram (India), Public	Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces	$70M	Ananta Capital, Anjana Projects & 80 others	81/100
2nd	WeWork 2010, New York City (United States), Acquired	Provider of flexible workspace solutions, including coworking spaces and private offices	$12.8B	SoftBank Group, T. Rowe Price & 35 others	76/100
3rd	Industrious 2013, New York City (United States), Acquired	Operator of flexible workspaces offering private offices and coworking solutions	$334M	Riverwood Capital, Fifth Wall & 16 others	75/100
4th	IndiQube 2015, Bengaluru (India), Public	Provider of a flexible workspace solutions for businesses	$45M	WestBridge Capital, Aravali Investment Holdings ... & 3 others	74/100
5th	Bruntwood 1976, Manchester (United Kingdom), Series D	Provider of integrated commercial property and workspace solutions	$525M	Royal Bank of Scotland, HSBC & 10 others	74/100
6th	JustCo 2011, Singapore (Singapore), Public	Provider of managed co-working spaces for freelancers, startups, and small & large companies	$86M	Sansiri, Daito Trust & 5 others	72/100
7th	Convene 2009, New York City (United States), Acquired	Hospitality-led venue network offering meeting, event, and flexible workspace solutions	$266M	ArrowMark Partners, Boathouse Capital & 21 others	72/100
8th	91Springboard 2012, Mumbai (India), Series B	Operator of shared workspaces, private offices, and virtual office solutions	$29.2M	BTL, Daim International & 52 others	72/100
9th	Bhive 2014, Bengaluru (India), Seed	Chains providing coworking and managed office spaces with flexible options	$3.09M	Blume Venture, Oliphans Capital & 68 others	70/100
10th	WeWork 2017, Bengaluru (India), Public	Chains providing flexible office spaces and shared professional work environments	$26.7M	Nepean Capital, Ascertis Credit	68/100

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Founders own 0.03%, Funds own 22.24%, Parent Entities (largest shareholder) own 68.94% and Enterprises own 6.39%. The net worth of Smartworks's founders is INR 89.5L as of Jun 07, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.03%	89.5L	0	0	0	0
Harsh Binani	0	0	0	0	0	0
Neetish Sarda	0	0	0	0	0	0
Fund	22.24%	619Cr	6777851	9320661	2075251	9657890
Keppel	2006790	2125011	9352605	1763178	8824602	1561345
Ananta Capital	3	2	6	4	2	8
Parent Entity	68.94%	1,920Cr	3761844	6662080	8777327	3160411
Enterprise	6.39%	181Cr	250678	390637	375449	135006
Angel	2.06%	57.6Cr	86	49	74	24
Other People	0.03%	84.5L	0	0	0	0
ESOP Pool	0.31%	8.54Cr	0	0	0	0
Total	100.00%	2,790Cr	1031602	7271080	6659974	1735253