News about WeWork India ‘s IPO. WeWork is following the precedent set by Awfis Space Solutions Limited which went public in 2024.

Many other coworking space providers in India are on their way to a public listing including DevX, Smartworks, IndiQube, TableSpace, Co BHIVE Workspace, etc with many others clearly declaring their intention to go public soon.

It’s hard not to be inspired by the grit and tenacity of these founders and businesses.

The pandemic was brutal on MANY businesses across the economy, but none were affected as much as commercial real estate. In a world where people were forced to live and work from their homes, what was the need for an office?

Yet, these companies endured and lived to fight another day. They were helped by tenants who had long term rental contracts who paid even if they didn’t occupy. They worked closely with landlords to move to revenue sharing agreements instead of fixed leases to cut down fixed expenditures and reduce balance sheet risk. When Indian businesses realized that a fully ‘remote’ workforce was not going to cut it and pulled teams back into offices, these companies moved quickly to create spaces people looked forward to coming into.

4 years ago, no one would have believed this industry even had a future, let alone a bright one 😊

Today, many of these companies are doing between Rs. 100Cr to Rs. 1,000Cr in revenue, profitable at every level AND still growing!

We are committed to building solutions for these incredible businesses with MonkSpaces.Ai. It’s easy building products for customers you deeply admire.

If you're looking for a dynamic coworking software, visit MonkSpaces.Ai to explore our offerings and find the perfect sof for your needs!