Awfis Space Solution
Awfis Space Solutions Limited is India's largest publicly listed flexible-workspace operator, providing coworking, enterprise managed offices and mobility products across 266 centres and ~184,000 seats in 18 cities to GCCs, large enterprises, SMEs and freelancers.
- Company typePublic
- Founded2015
- HeadquartersNew Delhi, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Awfis Space Solution firmographics
Firmographics- Name
- Awfis Space Solution
- Legal name
- Awfis Space Solutions Limited
- Website
- https://awfis.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Awfis Space Solutions Limited is India's largest publicly listed flexible-workspace operator, providing coworking, enterprise managed offices and mobility products across 266 centres and ~184,000 seats in 18 cities to GCCs, large enterprises, SMEs and freelancers.
- Ownership category
- akta.pro rank
Awfis Space Solution industry classification
Industry- Product category
- Flexible Workspace / Coworking Services
- NAICS
- Facilities Support Services (561210)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
- akta.pro secondary industries
- Space & Occupancy (MAC, Space Planning, Move Management) (BPABAAAG), Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Workplace Strategy & Space Standards (BPABAFAA)
Keywords
Where Awfis Space Solution is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices18 records
Markets served
Awfis Space Solution business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Coworking Memberships & Seat Subscriptions: Recurring revenue from coworking memberships (fixed desks, flexi desks, cabins) sold by the day, week, month, or year. Coworking is the largest revenue contributor at over 83% of operating revenues. Pricing ranges from ₹300–₹500/day for day passes to ₹347–₹425/day for flexible seats.
- Enterprise Managed Office Rentals: Long-term managed office contracts with enterprises and GCCs, often including design, build, and ongoing facility management under multi-year terms. 61% of occupier seats are taken by large corporates and MNCs; 100+ GCC clients contribute 23% of rental revenue.
- Mobility Solutions (Meeting Rooms, Day Passes, Virtual Offices): Pay-as-you-go and bundled revenue from meeting room rentals, day passes, virtual office plans (Business Address, GST Registration, Company Registration), training rooms, and mobility bundles.
- Design & Build / Awfis Transform (Intermittently Divested): Project-based revenue from Awfis Transform design-and-build services. Awfis divested its facility management arm 'Awfis Care' to SMS Integrated Facility Services for INR 27.5 Cr in September 2024. Awfis Transform was being moved into a wholly-owned subsidiary as a slump sale with completion timeline extended to end of CY2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Coworking – Flexi Desk / Fixed Desk / Cabins |
| Usage-based | Pay-as-you-go | Day Pass (Coworking) |
| Unit Pricing | Pay-as-you-go | Mobility Bundle (Meeting Rooms + Day Passes) |
| Subscription | Monthly | Virtual Office Plans |
| Other | Monthly | Awfis Elite (Premium Managed Office) |
| Other | Multi-year contract | Enterprise Managed Office Contracts |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels10 records
Awfis Space Solution product offering
Product offeringCore offering
Awfis Space Solutions operates India's largest publicly listed flexible workspace platform, providing ready-to-move coworking spaces (fixed desks, flexi desks, private cabins), bespoke enterprise managed offices, and on-demand mobility solutions including meeting rooms, day passes, virtual office plans (business address, GST registration, company registration), and training rooms. The company also runs Awfis Transform for design-and-build workspace execution, all delivered through an asset-light Managed Aggregation model across 266+ centres and ~184,000 seats in 18 Indian cities.
Product overview
Awfis Space Solutions Limited operates an integrated workspace solutions platform rather than a single product, combining four interconnected pillars: (1) Coworking Spaces (Fixed Desk, Flexi Desk, and Cabins) as the core shared-workspace offering, (2) Enterprise Solutions delivering fully customised managed offices, (3) Mobility Solutions providing on-demand Meeting Rooms, Day Passes, Cabin Daypass, Training Rooms, and Virtual Office / GST Registration / Company Registration plans, and (4) Awfis Transform, the in-house design-and-build module. These are complemented by two premium sub-brands — Awfis Gold (Grade A premium coworking) and Elite by Awfis (luxury executive coworking). The platform is accessed through the Awfis website and the 'Awfis Coworking' mobile application, and operates an asset-light Managed Aggregation model where landlords share part of the operational risk, covering 257–266+ centres and 177,000–184,000+ seats across 18+ Indian cities including Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, and others.
Differentiator
Problem solved
Functional benefit
Brands
- Awfis Coworking: Coworking space solutions including fixed desk, flexi desk, and private cabins offered by the day, week, month or year
- Awfis Transform
- Elite by Awfis (Awfis Elite)
- Awfis Gold
- Awfis Now
Products and services
- Coworking Spaces (Fixed Desk, Flexi Desk, Cabins) Ready-to-move shared workspace solutions offered by the day, week, month, or year for freelancers, startups, SMEs, and mid-to-large corporates. Sub-formats include Fixed Desk, Flexi Desk, and private Cabins, bookable via Awfis website, mobile app, channel partners or sales/community managers.
- Enterprise Solutions (Managed Offices)
Quantifiable outcome
- 266 centres and 184,000 seats across 18 cities, serving ~3,500 clients at 76% occupancy (FY26)
- +8 more outcomes
Companies that use Awfis Space Solution
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Awfis Space Solution technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Awfis Space Solution partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered major, minor and flagship.
- National Stock Exchange (NSE)majorService agreement to design, build, and manage ~1.65 lakh sq. ft. across two floors at Adani Inspire in Bandra-Kurla Complex, Mumbai — tailored to NSE's business needs and employee well-being. Awfis already operated a coworking centre in the same building. Rounak Real Estate Consultants facilitated the transaction.
- SMS Integrated Facility ServicesminorAcquired Awfis' facility management arm 'Awfis Care' from Awfis Space Solutions for INR 27.5 Cr in September 2024, enabling Awfis to focus on its core coworking business.
- Prestige GroupflagshipPartnership with Prestige Group to open 6 flex spaces in 2021 (4 Bengaluru, 2 Chennai), expanded to 18 flex spaces across 4 cities and 0.5 million sq. ft. Prestige provides Grade A buildings; Awfis operates flex centres (including upcoming Elite centres at Prestige Aerocity Delhi, Prestige Technology Park Bengaluru, Prestige 101 BKC Mumbai).
- BlackstonemajorTier A real estate developer partner providing Grade A buildings for Awfis-operated flex / managed office centres.
- BPTPminorTier A developer partner supplying buildings for Awfis flex workspaces.
- QParkminorTier A developer partner supplying buildings for Awfis flex workspaces.
- SolitaireminorTier A developer partner supplying buildings for Awfis flex workspaces.
- International WELL Building Institute (IWBI)majorAwfis partnered with IWBI (via The Instant Group) to achieve WELL Health-Safety Rating, WELL Equity Rating across 35 locations, and WELL Coworking Rating at 15 coworking centers — making Awfis the first Indian coworking brand to hold all three WELL accolades simultaneously.
- The Instant GroupmajorPartner in IWBI's WELL at scale pathway, enabling Awfis to obtain three WELL ratings (Health-Safety, Equity, Coworking) across its Indian footprint.
- JLLmajorCo-published 'Flex your Workplace' report (Dec 2021) with Awfis, providing joint research on flex workspaces and occupier preferences in India.
- ColliersmajorCo-published 'Colliers & Awfis Workplace & Flexibility Report' (July 2022) on evolving working patterns and occupier sentiment across Indian CRE.
- QDesqminorCo-published 'QDesq & Awfis Indian Flex Occupiers' Survey 2022' on post-pandemic workspace strategies.
- Rounak Real Estate ConsultantsminorReal estate advisory firm that facilitated Awfis' 1.65 lakh sq. ft. transaction with NSE at Adani Inspire BKC as the broker/advisor of record.
Scale indicators12 records
Recent moves11 records
Expansion highlights5 records
Awfis Space Solution competitors and assessment
Company assessmentDirect peers
- WeWork India: WeWork India is the largest direct competitor to Awfis, operating coworking and flexible office spaces across major Indian cities with a similar enterprise and SMB focus, premium positioning, and member experience platform.
- Indiqube: Indiqube (formerly IndiQube) is a Bengaluru-headquartered listed coworking operator providing managed offices and coworking across India, directly competing with Awfis for enterprise and GCC mandates in South India.
- BHIVE Workspace: BHIVE Workspace is a Bengaluru-based coworking and managed office operator serving startups, SMEs, and enterprises, comparable to Awfis in target customer segments and South India focus.
- 91springboard: 91springboard is a coworking operator in India focused on startups, freelancers, and SMEs with flexible memberships and day passes, comparable to Awfis's coworking and mobility products in Tier-1 cities.
- Smartworks: Smartworks is a listed Indian managed office and coworking provider serving large enterprises with bespoke office solutions, directly comparable to Awfis's enterprise managed office and GCC segment.
- The Executive Centre: The Executive Centre operates premium serviced offices and coworking in Asia-Pacific including India, comparable to Awfis Elite in targeting premium enterprise and CXO-grade customers.
- CoWrks (UrbanVault): CoWrks was an early Indian coworking competitor; the brand has been absorbed/repositioned under UrbanVault, continuing to compete with Awfis for enterprise and startup coworking demand in Bengaluru and other metros.
- Table Space: Table Space is a managed office operator in India offering custom-built enterprise offices, directly competing with Awfis's enterprise solutions and GCC-focused managed office mandates.
Broad incumbents
- IWG (Regus / Spaces): IWG is a global incumbent flexible workspace giant operating Regus, Spaces, and HQ brands worldwide. Its Indian footprint via Regus overlaps with Awfis in Tier-1 cities and competes for multinational enterprise clients.
Others
- Prestige Group (Office REIT / Flex Spaces JV): Prestige Group is both a strategic partner (supplying Grade A buildings to Awfis) and an adjacent competitor through its own flex space portfolio, making it a relevant ecosystem peer in the Indian flexible workspace market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Awfis Space Solution social profiles
Digital presenceAwfis Space Solution compliance and trust
Trust signalCompliance3 records
Awfis Space Solution financial estimates
Financial estimateRevenue estimate
Valuation estimate
Awfis Space Solution leadership team
Management profileNumber of profiles
Profiles5 records
Awfis Space Solution subsidiaries and ownership
Company hierarchySubsidiaries1 record
Awfis Space Solution funding detail
Funding detailFunding overview
Funding rounds10 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Awfis Space Solution M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Awfis Space Solution
What does Awfis Space Solution do?
Awfis Space Solutions operates India's largest publicly listed flexible workspace platform, providing ready-to-move coworking spaces (fixed desks, flexi desks, private cabins), bespoke enterprise managed offices, and on-demand mobility solutions including meeting rooms, day passes, virtual office plans (business address, GST registration, company registration), and training rooms. The company also runs Awfis Transform for design-and-build workspace execution, all delivered through an asset-light Managed Aggregation model across 266+ centres and ~184,000 seats in 18 Indian cities.
Is Awfis Space Solution a public or private company?
Awfis Space Solution is a public company. It is classified as public and is currently operating.
When was Awfis Space Solution founded?
Awfis Space Solution was founded in 2015. It employs 1,001 to 5,000 people.
Where is Awfis Space Solution based?
Awfis Space Solution is headquartered in New Delhi, India, in the Asia region.
How does Awfis Space Solution make money?
Four revenue lines are on record. Coworking Memberships & Seat Subscriptions are the primary driver. The others are enterprise Managed Office Rentals, mobility Solutions (Meeting Rooms, Day Passes, Virtual Offices) and design & Build / Awfis Transform (Intermittently Divested).
Who are Awfis Space Solution's main competitors?
Direct peers on record are WeWork India, Indiqube, BHIVE Workspace, 91springboard, Smartworks, The Executive Centre, CoWrks (UrbanVault) and Table Space. IWG (Regus / Spaces) is listed as a broad incumbent. Prestige Group (Office REIT / Flex Spaces JV) is listed as an others.
Does Awfis Space Solution have an API?
No public API is recorded for Awfis Space Solution.
What industry is Awfis Space Solution in?
Awfis Space Solution's product category is Flexible Workspace / Coworking Services. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations, with a secondary code of BPABAAAG, Space & Occupancy (MAC, Space Planning, Move Management). Its NAICS code is 561210 and its SIC code is 8744.