Smartworks Coworking Space has increased its capacity in Gurugram by 4,02,200 sq ft, following an investment of INR 60 crores. The funds for this expansion come from both internal resources and new issue proceeds.

Smartworks is growing by adding more office spaces in various cities catering to Forbes 2000 companies. This expansion aims to generate over ₹155 crore in rental income, with an additional 5,000+ seats becoming available.

Smartworks Coworking Space is expanding its operations in Hyderabad by adding 1.26 lakh square feet, which will cost approximately INR 17 crores, funded through internal reserves and fresh issuances.