Our story
Launched in 2017, we are a leading premium flexible workspace operator in India. According to CBRE, we have been the largest operator by total revenue for the past three fiscal years.
AGR recognises us as a category-defining, aspirational brand with a loyal customer base. We have played a significant role in the growth of the flexible workspace sector and contributed to the evolution of its products and services, as noted by CBRE. According to Everest Industry Report, among 440 flexible workspace operators in India, we are the top 10 operators. We are also the exclusive licensee of the WeWork brand in India
We are majority owned and promoted by Embassy Group, one of India’s leading real estate developers. Embassy Group has developed over 85 million square feet of commercial real estate and is the sponsor of Embassy REIT, India’s first REIT and Asia’s largest office REIT by leasable area, as noted by CBRE. Our business model focuses on leasing buildings from landlords, completing fit-outs, and transforming these spaces into fully managed, modern, tech-enabled, and productive offices for our members.
Our evolution
Founding
Early expansion
Market expansion and growth
Pioneering digital innovation
Cultural recognition
Strategic funding
Market leadership
Strategic growth and expansion
Entered the Indian market with our flagship centre in Bangalore, expanding to Mumbai and Gurgaon
Pioneered an innovative financing structure for CapEx investments
Launched WeWork All Access
Expanded into Pune, Noida, and Hyderabad
Launched 25th centre
Launched WeWork On-demand and VIrtual Office products, diversifying services to meet evolving market needs
Equity infusion of ₹ 7,578 million by WeWork Global
Certified as Great Place to Work by GPTW
Secured ₹4,500 million in structured funding
Expanded into Delhi
Launched 50th centre
Launched WeWork Workplace
Significant growth in managed office footprint, cementing our role as a leading flexible workspace operator
Expanded into Chennai
March 2018
March 2019
March 2020
March 2021
March 2022
March 2023
March 2024
September 2024
*The information is provided as of September 31, 2024