91springboard

What 91springboard does

91springboard is an Indian coworking and flexible-workspace operator headquartered in New Delhi with a registered presence in Panaji, Goa. Founded in 2012, the company runs 45 hubs across 9 cities (Bengaluru, Chennai, Delhi, Goa, Gurugram, Hyderabad, Mumbai, Noida, and Pune) with 35,000+ desks, serving approximately 27,000 members from 3,400+ brands. The platform spans four product layers: open coworking memberships (hot desks, dedicated desks, meeting rooms) starting at INR 9,200/month; ready-to-use offices; built-to-suit private suites and customizable offices delivered in 70-90 days; and fully managed enterprise office solutions including Global Capability Centre (GCC) workspaces for multi-city, multi-seat deployments. Underlying capabilities include enterprise-grade high-speed Wi-Fi, a workspace booking mobile app on iOS and Android, and pan-India access allowing members to use any hub without incremental fees.

The company monetizes through two primary streams: recurring monthly memberships for individual and small-team coworking, and longer-cycle managed-office and built-to-suit contracts for enterprises (often multi-year). Pricing for memberships is transparent and tier-based, while enterprise and custom solutions are quote-based. The go-to-market combines an enterprise field-sales motion (solutions experts engaging after website lead capture), an inside-sales motion for SMB memberships, walk-in hub tours, and a member-referral program. Distribution is supported by a marketing mix spanning content, social channels, virtual tours, and the 'Level Up' accelerator in partnership with Google for Startups, which targets women-led tech founders.

The customer base spans insurance (HDFC Life, Max Life, Bajaj Finance, Kotak Securities), technology (HCLTech, Tredence, Moglix), pharmaceuticals (Dr. Reddy's, Ergomed), manufacturing (Panasonic Automotive, JSW One, Hempel), consumer goods (Asian Paints, Heineken, Lindt, Jubilant FoodWorks), legal (JSA), logistics (DTDC), travel (Agoda), and finance/consulting (GE, Mercer, Bajaj Finserv). 91springboard has cumulatively raised approximately $39M across disclosed funding rounds, with Anand Vemuri as Chairman and co-founder, Anshu Sarin as CEO, and Pranay Gupta and Varun Chawla as co-founders. The company has no disclosed parent, no public-market listing, and has not announced acquisitions or material restructuring.

Name

91springboard

Legal name

91Springboard Business Hub Pvt. Ltd.

Website

https://91springboard.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Short description

91springboard is an Indian flexible-workspace operator running 45 coworking and managed-office hubs across 9 cities with 35,000+ desks, serving 27,000+ members and 3,400+ brands ranging from startups to large enterprises.

Ownership category

akta.pro rank

Product category

Coworking & Flexible Workspace Services

NAICS

Facilities Support Services (561210)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)

Keywords

• Coworking spaces
• Flexible workspaces
• Managed offices
• Virtual office solutions
• Enterprise workspace leasing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Coworking Memberships: Monthly membership fees for hot desks, dedicated desks, private cabins, and meeting rooms. Flexible plans without long-term commitments for individuals and small teams.
2. Managed Office Solutions: Fully built and managed workspaces for enterprises with customized offices and daily facilities management. Premium pricing for large teams requiring dedicated space.
3. Virtual Office Solutions: Premium business address with mail handling and essential support services for businesses without physical space.
4. Ready-to-Use Offices: Fully equipped offices with immediate access for individuals and small teams, no build time required.
5. Enterprise Solutions: Customized workspace solutions for organizations requiring scale, flexibility, and multi-location presence including GCC workspaces.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

91Springboard operates a pan-India network of coworking and flexible workspace hubs, providing shared offices (hot desks, dedicated desks, meeting rooms), managed offices, customizable enterprise solutions including GCC workspaces, virtual office services with mail handling, and ready-to-use offices delivered in 70–90 days. It serves startups, freelancers, SMEs, and large enterprises across 9 cities with 45 hubs and 35,000+ desks, supported by a community of ~27,000 members and value-added services like networking events, member perks, and the Level Up accelerator program.

Product overview

91Springboard is a coworking and flexible workspace company operating across India with 45 hubs in 9 cities. The core offering is a platform of workspace solutions including Coworking Spaces (plug-and-play shared workspaces), Enterprise Solutions (customizable office environments for large organizations), and Managed Offices (fully serviced workspaces). The product portfolio extends to Virtual Office (professional business address without physical space), Ready-to-Use Offices (fully equipped immediate-access offices), Private Suites (tailor-made personalized workspaces), and Built-to-Suit Offices (customized private offices delivered within 70-90 days). The company also operates the Level Up Program, a virtual accelerator for women-led startups in partnership with Google for Startups. All offerings are supported by amenities including high-speed Wi-Fi, meeting rooms, game zones, parking, and 24x7 access.

Differentiator

Problem solved

Functional benefit

Products and services

• Coworking Spaces Flexible shared workspace solutions offering plug-and-play offices with open desks (hot desks), dedicated desks, private cabins, and meeting rooms for entrepreneurs, freelancers, and small teams across India.
• Enterprise Solutions Customizable workspace environments built for organizations that need scale, flexibility, and performance — covering customized offices, hybrid models, multi-city expansion, and GCC workspaces managed end-to-end by 91Springboard.
• Managed Offices Fully built and managed workspaces for enterprises and fast-growing teams, handling everything from customized offices to daily facilities management, reflecting the client's culture while reducing operational load.
• Virtual Office Business address and mail handling services providing a credible professional presence without physical space, including a premium address and essential support for registration, compliance, and correspondence.
• Ready-to-Use Offices Fully equipped offices with immediate access for individuals and small teams, designed for focus, collaboration, and getting work done from day one with no build time required.
• Private Suites and Built-to-Suit Offices Tailor-made private workspaces and built-to-suit offices in prime Grade-A locations, completely customized based on client requirements including layout, design elements, and brand identity, delivered within 70–90 days.
• Level Up Program Virtual accelerator program for women-led tech and tech-enabled startups in India, in partnership with Google for Startups, offering mentoring, masterclasses, connections, and investment readiness support.

Quantifiable outcome

• Built-to-suit offices delivered within 70-90 days compared to 4-6 months for traditional office setup
• +2 more outcomes

Named customers39 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Google for StartupscoreStrategic or Co-development Partner91Springboard partnered with Google for Startups to create Level Up, a unique nationwide virtual accelerator for women-led tech and tech-enabled startups in India. The program combines business, tech, leadership, and investment readiness elements to help women entrepreneurs grow their businesses through mentoring, masterclasses, connections, and showcase events.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Workafella: Indian coworking and managed office operator focused on enterprise clients. Direct competitor offering similar managed office and coworking solutions in Indian metros.
• Smartworks: Indian managed office and coworking operator focused on enterprise clients. Overlaps with 91Springboard's managed office and enterprise solutions offerings across Indian metros.
• CoWrks: India-based coworking and managed office provider backed by RMZ and global investors. Competes with 91Springboard on enterprise workspace and coworking memberships in major Indian cities.
• IndiQube: Bangalore-headquartered flexible workspace operator offering coworking, managed offices, and built-to-suit solutions. Direct competitor in South India where 91Springboard is also expanding.
• WeWork India: Indian arm of WeWork, operating premium coworking and managed offices across major Indian metros. Directly competes with 91Springboard for enterprise and startup coworking customers in overlapping Tier-1 markets.
• Awfis Space Solutions: India's largest publicly listed coworking/flexible workspace operator with comparable product portfolio (coworking memberships, managed offices, virtual offices). Awfis competes head-to-head with 91Springboard across the same Tier-1 Indian cities.

Regional players

• The Executive Centre: Premium serviced office and coworking operator primarily across Asia-Pacific. Comparable product offering in serviced/coworking, focused on Grade-A office buildings similar to 91Springboard's positioning.

Emerging players

• Dextrus: Emerging India-based managed office and coworking provider focused on enterprise build-to-suit. Overlaps with 91Springboard's built-to-suit and enterprise solutions offerings.

Broad incumbents

• IWG (Regus, Spaces, HQ): Global flexible workspace leader operating Regus, Spaces, and HQ brands. Competes with 91Springboard in the same enterprise flexible-office category, with broader geographic reach and greater scale.
• Mindspace Business Parks REIT: India-listed REIT providing Grade-A commercial office space. Represents the traditional office landlord segment that competes with 91Springboard for enterprise tenants choosing between flexible and traditional leases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/91springboard
• LinkedInlinkedin.com/company/91springboard
• Instagraminstagram.com/91springboard
• Xx.com/91springboard

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds6 records

Investors9 records

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

M&A

Investments8 records

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

Frequently asked questions about 91springboard