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BHIVE WORKSPACE

Full company profile

uuid0000ilj

Namestring
BHIVE WORKSPACE
Legal namestring
Tusker Workspace Private Limited
Company typeenum
Private
Founded yearint
2014
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBangalore, India
HQ citystring
Bangalore
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices12 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
coworking office spaces, managed office solutions, flexible workspace rentals, virtual office services, enterprise coworking solutions
Industry1 code
1Managed Workplace Services (DaaS/Workplace-as-a-Service)
CodeBPAEAIAAPrimaryYes
NAICS code2 codes
  • Facilities Support Services561210
  • Business Support Services5614
SIC code1 code
  • Services-Facilities Support Management Services8744
Product category
Coworking & Managed Office Spaces
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Managed Office Spaces
TypeSubscription Recurring
Description

Long-term contracts for managed office spaces with enterprises, GCCs, and mid-to-large companies. Revenue from monthly/annual contracts for dedicated workspaces, private offices, and custom-built solutions.

bhiveworkspace.com
2Coworking Day Passes
TypeUsage Based
Description

Flexible day passes and bulk day passes for temporary workspace access, offering pay-as-you-go model for freelancers, startups, and occasional users

bhiveworkspace.com
3Virtual Office Services
TypeSubscription Recurring
Description

Company registration, GST registration, and business address services providing official business addresses for company incorporation without physical office space

bhiveworkspace.com
4Meeting & Conference Rooms
TypeUsage Based
Description

Hourly or daily rental of fully equipped meeting and conference rooms across centres

bhiveworkspace.com
5FOCO Franchise Model
TypeManaged Services
Description

Franchise Owned Company Operated model where franchisees own assets while BHIVE handles operations, generating lease income and operational fees

bhiveworkspace.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain
Pricing details5 tiers
1Day Pass - Standard Locations
ModelUsage-basedBilling cadencePay-as-you-go
Notes

Day passes starting at ₹100 (discounted from ₹200) at most locations. Premium locations like BHIVE Platinum 100ft Road Indiranagar at ₹150/day (discounted from ₹300). BHIVE Workspace HSR Silk Board offers lowest tier at ₹75/day (discounted from ₹150).

bhiveworkspace.com
2Bulk Day Pass - Standard
ModelUsage-basedBilling cadencePay-as-you-go
Notes

Bulk Day Pass for 10 days at ₹800 (discounted from ₹2000). Individual pass valid for 14 hours from first scan. Bulk pass remains active for 30 days from purchase. Pay for 8 days, get 2 days FREE.

bhiveworkspace.com
3Company Registration Plan
ModelSubscriptionBilling cadenceAnnual
Notes

₹24,000/year + GST. Discounted to ₹18,000/year when signing up for 2 years. Includes ROC registration, mail handling, NOC, board resolution template, membership agreement, and utility bill.

bhiveworkspace.com
4GST Registration Plan
ModelSubscriptionBilling cadenceAnnual
Notes

₹14,000/year + GST. Discounted to ₹10,750/year. Includes utility bill and can be used for GST application and ITC claims.

bhiveworkspace.com
5Business Address Plan
ModelSubscriptionBilling cadenceAnnual
Notes

₹9,500/year + GST. Discounted to ₹7,250/year. For communication, branding, and mailing. Includes service agreement for virtual office terms.

bhiveworkspace.com
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 4 records shown
1Honeykomb
Description

A sub-brand offering coworking spaces with lifestyle and recreational amenities.

bhiveworkspace.com
+3 more records
Core offering1 text field

BHIVE Workspace operates India's campus coworking company, providing a multi-tiered portfolio of flexible workspace solutions including coworking desks, private offices, managed offices, and meeting rooms across 30+ centres in Bengaluru and Mumbai. The company serves enterprises, GCCs, startups, and individual professionals through day passes, dedicated memberships, long-term managed office contracts, virtual office services for company/GST registration, and a FOCO franchise model.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Zero CAPEX for enterprises - no upfront investment in office infrastructure
+2 more records
Product overview1 text field

BHIVE Workspace operates as India's Campus Coworking Company, offering a multi-tiered portfolio of flexible workspace solutions. The core offering spans four tiers: BHIVE Workspace (core coworking), BHIVE Premium (premium managed offices), BHIVE Platinum (ultra premium spaces with enhanced amenities), and BHIVE Platinum Plus (largest top-tier category). Additional offerings include Honeykomb by BHIVE for budget-conscious users, Virtual Office services for company/GST registration, Meeting and Conference Rooms, Day/Bulk Day Passes, and the Work From Anywhere (WFA) cross-centre membership. The company operates 30+ centres across 10 campuses in Bengaluru and Mumbai, serving 1000+ clients including GCCs, enterprises, and startups.

Product and service9 records
1BHIVE Platinum Plus
CategoryPremium Tier Workspace
Description

Top-tier workspace category featuring premium design and experience-led work environments, including the largest workspace category with ultra-premium amenities for enterprises.

2BHIVE Platinum
3BHIVE Premium
CategoryPremium Tier Workspace
Description

Premium coworking and managed office spaces with A-grade quality standards, ergonomic workstations, private cabins, dedicated desks, and premium amenities.

4BHIVE Workspace
CategoryCore Coworking & Managed Office
Description

Core coworking and managed office space offering with plug-and-play solutions, fully-equipped enterprise coworking spaces including state-of-the-art furniture, technology, and high-speed internet.

5Honeykomb by BHIVE
CategoryBudget Tier Workspace
Description

Budget-friendly coworking sub-brand offering private cabins, dedicated seats, meeting rooms, fully equipped pantry, and comfortable lounge areas for cost-conscious professionals.

6BHIVE Virtual Office
CategoryVirtual Office Services
Description

Virtual office services providing premium business address, company registration, GST registration, mail handling, and flexible annual plans for startups, freelancers, and companies needing an official address without physical office.

7Meeting and Conference Rooms
CategoryMeeting Room Rental
Description

Bookable meeting and conference rooms available on hourly/daily rental, featuring professional setup, cross-centre booking capabilities, and real-time confirmation through the BHIVE App.

8Day Pass / Bulk Day Pass
CategoryFlexible Workspace Access
Description

Flexible day passes starting at ₹75 and bulk day passes for 10 days starting at ₹800, providing access to workspace amenities, WiFi, lounge areas, and recreational zones for temporary users.

9Work From Anywhere (WFA)
CategoryCross-Centre Membership
Description

Cross-centre access membership enabling unlimited passes each month to any WFA-enabled BHIVE centres in Bengaluru and Mumbai, with access to premium work zones and amenities.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-28
Description

MOU signed with NITK Surathkal to support student entrepreneurs. Partnership announced during NITKonnect'26 alumni event in Bengaluru with 1200+ alumni participating. BHIVE to provide workspace support and mentorship for student entrepreneurs from the institute.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

India's largest coworking/managed-office operator and BHIVE's most direct competitor. Both target enterprises and GCCs with large-format, flex-term offices across India's top metros, and BHIVE's campus-led Bengaluru footprint runs directly against WeWork India's pan-India centre portfolio.

TypeDirect peer
Description

Listed Indian coworking and managed-office operator offering day passes, dedicated desks, private offices, and virtual offices across 20+ cities. Operates the same multi-tier, tech-enabled, GCC-friendly model BHIVE uses, including cross-centre access and app-based booking.

TypeDirect peer
Description

Enterprise-focused managed office and coworking provider in India, recently listed, with large-format campuses and strong GCC client roster. Competes head-to-head with BHIVE in Bengaluru on large enterprise deals and tiered pricing.

TypeDirect peer
Description

India-based managed-office and coworking company operating large campuses in Bengaluru and other tech hubs. Targets the same enterprise/GCC segment and overlaps with BHIVE across product offerings and Bangalore micro-markets.

TypeDirect peer
Description

Indian coworking and managed-office operator with multi-city footprint serving startups, SMEs, and enterprises. Competes with BHIVE at the SMB/day-pass tier and on managed-office contracts in Delhi-NCR, Bengaluru, and Hyderabad.

TypeDirect peer
Description

Premium Indian coworking and managed-office brand with Bengaluru-centric presence competing for enterprise and startup mandates. Overlaps with BHIVE's premium and platinum tiers and cross-city Bengaluru locations.

TypeBroad incumbent
Description

Global flexible workspace incumbent (Regus, Spaces, HQ) operating thousands of centres worldwide including in India. Competes with BHIVE on enterprise managed offices and virtual offices but lacks the campus-scale model that BHIVE champions.

TypeBroad incumbent
Description

Premium Asia-Pacific serviced-office provider with presence in Mumbai's BKC and other Indian business districts. Targets the same high-end enterprise client base as BHIVE Platinum/Platinum Plus, offering a comparable premium positioning.

TypeRegional player
Description

India-focused managed-office operator with a heavy Bengaluru footprint offering custom-built, large-format offices to enterprises and GCCs. Overlaps with BHIVE's core campus offering on product and geography.

TypeRegional player
Description

Premium coworking and managed-office operator in India (especially Bengaluru and Hyderabad) with a similar high-end, amenity-led positioning. Competes with BHIVE Premium and Platinum tiers for enterprise clients in India's tech hubs.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers14 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

BHIVE WORKSPACE

Coworking & Managed Office Spacesbhiveworkspace.com

BHIVE WORKSPACE firmographics

Firmographics
Name
BHIVE WORKSPACE
Legal name
Tusker Workspace Private Limited
Website
https://bhiveworkspace.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

BHIVE WORKSPACE industry classification

Industry
Product category
Coworking & Managed Office Spaces
NAICS
Facilities Support Services (561210), Business Support Services (5614)
SIC
Services-Facilities Support Management Services (8744)
akta.pro primary industry
Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA)

Keywords

  • Coworking office spaces
  • Managed office solutions
  • Flexible workspace rentals
  • Virtual office services
  • Enterprise coworking solutions

Where BHIVE WORKSPACE is headquartered

Location

Headquarters

HQ city
Bangalore
HQ country
India
HQ region
Asia

Offices12 records

Markets served

BHIVE WORKSPACE business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

  1. Managed Office Spaces: Long-term contracts for managed office spaces with enterprises, GCCs, and mid-to-large companies. Revenue from monthly/annual contracts for dedicated workspaces, private offices, and custom-built solutions.
  2. Coworking Day Passes: Flexible day passes and bulk day passes for temporary workspace access, offering pay-as-you-go model for freelancers, startups, and occasional users
  3. Virtual Office Services: Company registration, GST registration, and business address services providing official business addresses for company incorporation without physical office space
  4. Meeting & Conference Rooms: Hourly or daily rental of fully equipped meeting and conference rooms across centres
  5. FOCO Franchise Model: Franchise Owned Company Operated model where franchisees own assets while BHIVE handles operations, generating lease income and operational fees

Pricing tiers

ModelBillingPrice
Usage-basedPay-as-you-goDay Pass - Standard Locations
Usage-basedPay-as-you-goBulk Day Pass - Standard
SubscriptionAnnualCompany Registration Plan
SubscriptionAnnualGST Registration Plan
SubscriptionAnnualBusiness Address Plan

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

BHIVE WORKSPACE product offering

Product offering

Core offering

BHIVE Workspace operates India's campus coworking company, providing a multi-tiered portfolio of flexible workspace solutions including coworking desks, private offices, managed offices, and meeting rooms across 30+ centres in Bengaluru and Mumbai. The company serves enterprises, GCCs, startups, and individual professionals through day passes, dedicated memberships, long-term managed office contracts, virtual office services for company/GST registration, and a FOCO franchise model.

Product overview

BHIVE Workspace operates as India's Campus Coworking Company, offering a multi-tiered portfolio of flexible workspace solutions. The core offering spans four tiers: BHIVE Workspace (core coworking), BHIVE Premium (premium managed offices), BHIVE Platinum (ultra premium spaces with enhanced amenities), and BHIVE Platinum Plus (largest top-tier category). Additional offerings include Honeykomb by BHIVE for budget-conscious users, Virtual Office services for company/GST registration, Meeting and Conference Rooms, Day/Bulk Day Passes, and the Work From Anywhere (WFA) cross-centre membership. The company operates 30+ centres across 10 campuses in Bengaluru and Mumbai, serving 1000+ clients including GCCs, enterprises, and startups.

Differentiator

Problem solved

Functional benefit

Brands

  • Honeykomb: A sub-brand offering coworking spaces with lifestyle and recreational amenities.
  • BHIVE Platinum
  • BHIVE Premium
  • BHIVE Platinum Plus

Products and services

  • BHIVE Platinum Plus Top-tier workspace category featuring premium design and experience-led work environments, including the largest workspace category with ultra-premium amenities for enterprises.
  • BHIVE Platinum
  • BHIVE Premium Premium coworking and managed office spaces with A-grade quality standards, ergonomic workstations, private cabins, dedicated desks, and premium amenities.
  • BHIVE Workspace Core coworking and managed office space offering with plug-and-play solutions, fully-equipped enterprise coworking spaces including state-of-the-art furniture, technology, and high-speed internet.
  • Honeykomb by BHIVE Budget-friendly coworking sub-brand offering private cabins, dedicated seats, meeting rooms, fully equipped pantry, and comfortable lounge areas for cost-conscious professionals.
  • BHIVE Virtual Office Virtual office services providing premium business address, company registration, GST registration, mail handling, and flexible annual plans for startups, freelancers, and companies needing an official address without physical office.
  • Meeting and Conference Rooms Bookable meeting and conference rooms available on hourly/daily rental, featuring professional setup, cross-centre booking capabilities, and real-time confirmation through the BHIVE App.
  • Day Pass / Bulk Day Pass Flexible day passes starting at ₹75 and bulk day passes for 10 days starting at ₹800, providing access to workspace amenities, WiFi, lounge areas, and recreational zones for temporary users.
  • Work From Anywhere (WFA) Cross-centre access membership enabling unlimited passes each month to any WFA-enabled BHIVE centres in Bengaluru and Mumbai, with access to premium work zones and amenities.

Quantifiable outcome

  • Zero CAPEX for enterprises - no upfront investment in office infrastructure
  • +2 more outcomes

Companies that use BHIVE WORKSPACE

Customer profile

Named customers14 records

Segments1 record

Ideal customer profiles3 records

BHIVE WORKSPACE technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

BHIVE WORKSPACE partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • NITK Surathkal (National Institute of Technology Karnataka)minorStrategic or Co-development Partner · 28 February 2026MOU signed with NITK Surathkal to support student entrepreneurs. Partnership announced during NITKonnect'26 alumni event in Bengaluru with 1200+ alumni participating. BHIVE to provide workspace support and mentorship for student entrepreneurs from the institute.

Scale indicators11 records

Recent moves9 records

Expansion highlights7 records

BHIVE WORKSPACE competitors and assessment

Company assessment

Direct peers

  • WeWork India: India's largest coworking/managed-office operator and BHIVE's most direct competitor. Both target enterprises and GCCs with large-format, flex-term offices across India's top metros, and BHIVE's campus-led Bengaluru footprint runs directly against WeWork India's pan-India centre portfolio.
  • Awfis Space Solutions: Listed Indian coworking and managed-office operator offering day passes, dedicated desks, private offices, and virtual offices across 20+ cities. Operates the same multi-tier, tech-enabled, GCC-friendly model BHIVE uses, including cross-centre access and app-based booking.
  • Smartworks Coworking Spaces: Enterprise-focused managed office and coworking provider in India, recently listed, with large-format campuses and strong GCC client roster. Competes head-to-head with BHIVE in Bengaluru on large enterprise deals and tiered pricing.
  • IndiQube: India-based managed-office and coworking company operating large campuses in Bengaluru and other tech hubs. Targets the same enterprise/GCC segment and overlaps with BHIVE across product offerings and Bangalore micro-markets.
  • 91springboard: Indian coworking and managed-office operator with multi-city footprint serving startups, SMEs, and enterprises. Competes with BHIVE at the SMB/day-pass tier and on managed-office contracts in Delhi-NCR, Bengaluru, and Hyderabad.
  • CoWrks: Premium Indian coworking and managed-office brand with Bengaluru-centric presence competing for enterprise and startup mandates. Overlaps with BHIVE's premium and platinum tiers and cross-city Bengaluru locations.

Broad incumbents

  • IWG / Regus: Global flexible workspace incumbent (Regus, Spaces, HQ) operating thousands of centres worldwide including in India. Competes with BHIVE on enterprise managed offices and virtual offices but lacks the campus-scale model that BHIVE champions.
  • The Executive Centre: Premium Asia-Pacific serviced-office provider with presence in Mumbai's BKC and other Indian business districts. Targets the same high-end enterprise client base as BHIVE Platinum/Platinum Plus, offering a comparable premium positioning.

Regional players

  • Table Space: India-focused managed-office operator with a heavy Bengaluru footprint offering custom-built, large-format offices to enterprises and GCCs. Overlaps with BHIVE's core campus offering on product and geography.
  • Workafella: Premium coworking and managed-office operator in India (especially Bengaluru and Hyderabad) with a similar high-end, amenity-led positioning. Competes with BHIVE Premium and Platinum tiers for enterprise clients in India's tech hubs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

BHIVE WORKSPACE social profiles

Digital presence

BHIVE WORKSPACE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BHIVE WORKSPACE leadership team

Management profile

Number of profiles

Profiles11 records

BHIVE WORKSPACE subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

BHIVE WORKSPACE funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BHIVE WORKSPACE M&A and investment

M&A and investment

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BHIVE WORKSPACE

What does BHIVE WORKSPACE do?

BHIVE Workspace operates India's campus coworking company, providing a multi-tiered portfolio of flexible workspace solutions including coworking desks, private offices, managed offices, and meeting rooms across 30+ centres in Bengaluru and Mumbai. The company serves enterprises, GCCs, startups, and individual professionals through day passes, dedicated memberships, long-term managed office contracts, virtual office services for company/GST registration, and a FOCO franchise model.

Is BHIVE WORKSPACE a public or private company?

BHIVE WORKSPACE is a private company. It is classified as venture growth investor backed and is currently operating.

When was BHIVE WORKSPACE founded?

BHIVE WORKSPACE was founded in 2014. It employs 11 to 50 people.

Where is BHIVE WORKSPACE based?

BHIVE WORKSPACE is headquartered in Bangalore, India, in the Asia region.

How does BHIVE WORKSPACE make money?

Five revenue lines are on record. Managed Office Spaces are the primary driver. The others are coworking Day Passes, virtual Office Services, meeting & Conference Rooms and FOCO Franchise Model.

Who are BHIVE WORKSPACE's main competitors?

Direct peers on record are WeWork India, Awfis Space Solutions, Smartworks Coworking Spaces, IndiQube, 91springboard and CoWrks. Broad incumbents are IWG / Regus and The Executive Centre. Regional players are Table Space and Workafella.

Does BHIVE WORKSPACE have an API?

No public API is recorded for BHIVE WORKSPACE.

What industry is BHIVE WORKSPACE in?

BHIVE WORKSPACE's product category is Coworking & Managed Office Spaces. Its primary akta.pro industry code is BPAEAIAA, Managed Workplace Services (DaaS/Workplace-as-a-Service). Its NAICS code is 561210 and its SIC code is 8744.

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Live signals
The TribuneBHIVE Becomes the First Campus Workspace Company in India to Launch a Brand Film, Bringing Its Fitness-Led Vision to Life with Milind SomanBHIVE Workspace unveiled its first brand film featuring Milind Soman, showcasing its fitness-led campus workspace model. The film contrasts traditional offices with BHIVE's integrated ecosystem of work, movement, and recreation. The company aims to redefine workplace expectations by combining productivity with active living.The TribuneBHIVE Becomes the First Campus Workspace Company in India to Launch a Brand Film, Bringing Its Fitness-Led Vision to Life with Milind SomanBHIVE Workspace unveiled its first brand film featuring Milind Soman, showcasing its fitness-led campus workspace model. The film contrasts traditional offices with BHIVE's active, movement-integrated campuses, including walking meetings and pickleball. The company aims to redefine workplace expectations by combining productivity with wellness.Ani NewsBHIVE Becomes the First Campus Workspace Company in India to Launch a Brand Film, Bringing Its Fitness-Led Vision to Life with Milind SomanBHIVE Workspace unveiled its first brand film featuring Milind Soman, showcasing its fitness-led campus workspace model. The film contrasts traditional offices with BHIVE's active workday, including walking meetings and pickleball. The company aims to redefine workplace expectations by integrating movement and wellness.GlobeNewswireBHIVE Signs Milind Soman as Brand Ambassador, Reinforcing its Fitness-Led Workspace VisionBHIVE Workspace appointed Milind Soman as its brand ambassador, making it the first campus-format coworking company to do so. The partnership aligns with BHIVE's fitness-driven campus model, which integrates sports infrastructure and community events. BHIVE also targets over 50 members for Ironman 70.3 Goa in 2026.Business StandardBhive ropes in Milind Soman as Brand Ambassador for fitness workspacesBengaluru-based flex space provider Bhive announced the appointment of model and Ironman finisher Milind Soman as its brand ambassador, becoming among the first in the flex space segment to onboard a celebrity brand face. The company operates over 28 centers across eight campuses in Bengaluru and Mumbai covering 1.8 million square feet, serving more than 1,000 companies with a model integrating workspaces with sports facilities including running clubs, pickleball courts, and cricket turfs. The partnership aligns with growing demand for wellness-integrated work environments among global capability centers and enterprises shifting toward hybrid work models.Construction WorldBhive Workspace Plans One Million Sq Ft ExpansionBhive Workspace has announced plans to add one million square feet of flexible workspace in 2026 with an investment of Rs 3 billion, targeting key urban markets where demand for hybrid working solutions remains strong. The expansion will be funded through a mix of development and operational expenditure, covering leasing, fit-outs, and technology upgrades across new centres in multiple cities. The company will phase the rollout throughout the year to align capital deployment with market demand signals and leasing outcomes.The TribuneBHIVE Enters North Bengaluru with 1.4 Lakh Sq Ft, 2,600-Seat Premium Workspace at Phoenix Asia TowersBHIVE, Bengaluru's largest coworking brand, has announced its entry into North Bengaluru with a new 1.4 lakh sq. ft. workspace at Phoenix Asia Towers, Hebbal, featuring 2,600 seats and marking the debut of its BHIVE Platinum Plus category in the city. The facility is located within a USGBC Platinum Plus certified property developed by The Phoenix Mills Limited, representing BHIVE's first collaboration with the developer. BHIVE plans to add 1 million sq. ft. of new capacity in 2026 with an investment of approximately Rs. 250-300 crore, targeting strong revenue growth through expansion across key micro-markets.Business StandardBhive Workspace plans 1 mn sqft expansion in 2026, to invest ₹300 croreFlex space operator Bhive Workspace plans to add approximately 1 million square feet of new capacity in 2026 across India, requiring an investment of ₹250–300 crore, with strong revenue growth targeted this year. The company signed a lease for about 0.14 million square feet (2,600 seats) at Phoenix Asia Towers in Hebbal, marking its entry into north Bengaluru and first collaboration with developer Phoenix Mills Limited. This launch introduces Bhive Platinum Plus, the company's largest workspace category featuring premium design and experience-led work environments, expanding its existing portfolio of 28 centres spanning 1.8 million square feet across Bengaluru and Mumbai.The Times of IndiaBHIVE leases 1.4 lakh sq ft at Phoenix Asia Towers, enters North Bengaluru - The Economic TimesBHIVE has signed a lease for 1.4 lakh sq ft at Phoenix Asia Towers in Hebbal, marking its entry into North Bengaluru and first deal with The Phoenix Mills Limited. The centre will have around 2,600 seats and is part of a wider scale-up plan to add 1 million sq ft of new workspace in 2026 with an investment of ₹250–300 crore. The company is also preparing for a public listing supported by a planned ₹400 crore pre-IPO funding round.Fortune IndiaFortune India Exclusive: BHIVE Workspace to close ₹400 crore pre-IPO funding by Jan 2025; targets ₹500 crore IPO by CY27: CEO Shesh RaoBHIVE Workspace plans to close a ₹400 crore pre-IPO funding round by January 2025 and targets an IPO in calendar year 2027, with the capital intended to strengthen its balance sheet and support national expansion. The company is currently operating near full capacity in Bengaluru and is negotiating new properties in markets such as Pune, Hyderabad, and Chennai to drive future revenue growth.