Urban Vault
Urban Vault is an India-based managed workspace provider operating 75+ locations across six cities, offering coworking, managed offices, private offices, and fit-out plus facility management services to startups, GCCs, and large enterprises.
- Company typePrivate
- Founded2018
- HeadquartersBangalore, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Urban Vault does
Urban Vault, legally Mispras Furnishings Private Limited, is an India-based managed office space and Intelligent Workspace-as-a-Service provider headquartered in Bangalore and operating across 75-80 locations in six cities (Bangalore, Pune, Gurgaon, Hyderabad, Mumbai, and Chennai). The company manages over 2.5 million square feet of workspace with 50,000+ managed seats and serves a customer base spanning individual freelancers, startups, SMEs, and large enterprises, including 50+ Global Capability Centres and 300+ corporate clients. Its core offering is a portfolio of workspace products including coworking desks, private offices, managed office spaces, virtual offices, and meeting rooms, supplemented by fit-out design, facility management, podcast studio rental, and enterprise add-ons such as Dedicated Private HQ, Hybrid Access, Workplace Analytics, and Enterprise IT Bundles.
The underlying operating model is a hybrid enterprise field-sales and direct-to-consumer platform that provides fully serviced, customisable offices with integrated facility management, eliminating client capex on furniture and fit-out. Pricing follows a per-seat monthly subscription model ranging from Rs 5,999 for entry-level coworking to Rs 6,500-16,000 for enterprise workspaces, with 12-month minimum commitments and multi-year facility management contracts (such as a Rs 25 crore upfront fit-out plus Rs 15 crore annual recurring 5-year mandate). Revenue streams include managed office rentals, fit-out services, recurring facility management, virtual office subscriptions, and usage-based meeting room rentals.
The business model is undergoing a clear shift from commoditised coworking toward higher-value enterprise GCC setup contracts and turnkey fit-out-plus-facility-management deals, supported by a Rs 100 crore capital deployment in FY2025-26 to expand pan-India footprint. CEO Amal Mishra projects FY2025-26 turnover exceeding Rs 200 crore with 70%+ YoY growth and 18% PAT margins, with the fit-out and facility management vertical alone targeted at Rs 50 crore in FY2026-27.
Urban Vault firmographics
Firmographics- Name
- Urban Vault
- Legal name
- Mispras Furnishings Private Limited
- Website
- https://urbanvault.in
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Urban Vault is an India-based managed workspace provider operating 75+ locations across six cities, offering coworking, managed offices, private offices, and fit-out plus facility management services to startups, GCCs, and large enterprises.
- Ownership category
- akta.pro rank
Urban Vault industry classification
Industry- Product category
- Managed Office Spaces and Coworking
- NAICS
- Facilities Support Services (561210), Facilities Support Services (56121), Services to Buildings and Dwellings (5617)
- SIC
- Services-Facilities Support Management Services (8744), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
Keywords
Where Urban Vault is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices7 records
Markets served
Urban Vault business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Managed Office Space Rental: Recurring revenue from providing fully managed office spaces on a per-seat basis. Revenue generated through monthly subscriptions for coworking desks, private offices, and managed campus facilities across their portfolio of 75+ locations.
- Fit-out and Facility Management: One-time fit-out revenue from office design and furnishing projects, plus recurring facility management contracts. Recently completed 1.5 lakh sq. ft. office fit-out for IT services company in Mumbai generating Rs 25 crore upfront and Rs 15 crore annual recurring revenue from a 5-year facility management mandate.
- Virtual Office Services: Revenue from providing virtual office addresses and services to businesses seeking professional presence without physical office space.
- Meeting Room Rentals: Hourly, daily, or weekly rental of meeting rooms and conference facilities equipped with high-speed internet, projectors, and whiteboards.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Starting price for coworking spaces |
| Per seat | Monthly | Outer Ring Road location |
| Per seat | Monthly | Hebbal location |
| Per seat | Monthly | Electronic City location |
| Per seat | Monthly | Enterprise workspace pricing |
| Per seat | Monthly | Mahadevpura location |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Urban Vault product offering
Product offeringCore offering
Urban Vault provides fully managed office spaces, coworking spaces, private offices, virtual offices, and meeting rooms across 75+ locations in 6 Indian cities (Bangalore, Pune, Gurgaon, Hyderabad, Mumbai, Chennai). The company delivers turnkey workspace solutions including office design, fit-out, and ongoing facility management under a per-seat monthly subscription model, also offering dedicated private HQ, managed campus facilities, and hybrid access for enterprise clients.
Product overview
Urban Vault operates as a managed workspace provider offering a unified platform of flexible office solutions across India's major business hubs. The core portfolio includes Managed Office Spaces, Coworking Spaces, Private Office Spaces, Virtual Offices, and Meeting Rooms, all supported by add-on services such as Podcast Studio rental, Fit-Out Services, and Facility Management. For enterprise clients, Urban Vault offers specialized solutions including Dedicated Private HQ, Managed Campus Facilities, and Hybrid Access, supplemented by IT Bundles, Workplace Analytics, Event & Innovation Labs, and Rapid Deployment services. The company manages over 2.5 million square feet across 75+ locations in Bengaluru, Pune, Gurgaon, Hyderabad, Mumbai, and Chennai, serving everyone from freelancers and startups to Fortune 500 enterprises.
Differentiator
Problem solved
Functional benefit
Products and services
- Managed Office Spaces
Quantifiable outcome
- Rs 25 crore upfront fit-out revenue and Rs 15 crore annual recurring revenue from single 5-year facility management deal with IT services company
- +2 more outcomes
Companies that use Urban Vault
Customer profileNamed customers11 records
Segments12 records
Ideal customer profiles3 records
Urban Vault technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Urban Vault partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Green SMcoreStrategic partnership with Vietnam's Vingroup-backed electric ride-hailing service to provide managed office spaces across India. Urban Vault sub-leased 16,000 sq ft of managed office space in Gurugram (Paras Twin Towers, Golf Course Road, Sector 54) with approximately 500 seats. Green SM launched operations in India on June 5, 2026 starting with Delhi-NCR. Urban Vault currently provides approximately 500 seats with plans to scale to nearly 1,000 seats by year-end. Partnership extends to support Green SM's expansion across Bengaluru, Gurugram, Noida, Mumbai, and Hyderabad with plans for 1,200-1,500 seats in the next 2-3 quarters.
- NachicoreJapanese industrial corporation onboarded as GCC (Global Capability Centre) client at Urban Vault's Bengaluru locations, expanding the company's enterprise client roster alongside Pioneer and Komatsu.
- PioneercoreJapanese corporation onboarded as GCC client at Urban Vault's Bengaluru locations as part of the company's strategy to serve Japanese multinational corporations establishing operations in India.
- KomatsucoreJapanese manufacturing corporation onboarded as GCC client at Bengaluru locations. Urban Vault now supports more than 50 GCCs across Bengaluru, Pune, and Gurugram. The company attributes its traction with Japanese firms to its hybrid operating model focused on CapEx optimisation, OpEx reduction, and compliance with global workspace standards.
Scale indicators16 records
Recent moves7 records
Expansion highlights5 records
Urban Vault competitors and assessment
Company assessmentDirect peers
- Awfis Space Solutions: India's largest publicly listed coworking and managed office provider with a comparable product portfolio (coworking, private offices, virtual offices, meeting rooms) and a similar multi-city footprint targeting enterprises, GCCs, and startups. Direct head-to-head competitor across most Indian metros.
- WeWork India: Operates premium managed and coworking office spaces across major Indian cities with a comparable enterprise and SMB customer base. Direct competitor in Bengaluru, Mumbai, and Gurgaon, particularly for mid-market and large-enterprise clients.
- IndiQube: Indian managed office and coworking operator with strong enterprise/GCC focus across Bengaluru and other tech hubs. Closely comparable on customer segment (GCCs, IT services), product mix (managed offices, enterprise IT), and pricing model.
- 91springboard: Indian coworking and managed office provider targeting startups, freelancers, and SMEs. Overlaps with Urban Vault's coworking and SMB segments across multiple Indian cities including Bengaluru.
- BHIVE Workspace: Bengaluru-headquartered managed office and coworking operator with comparable product offerings (coworking, private offices, enterprise offices) and strong focus on startups and growing enterprises in the same geographies.
- CoWrks: Indian coworking and managed workspace operator serving enterprises and startups across multiple metros. Competes directly with Urban Vault on enterprise contracts, fit-out services, and flexible office solutions.
Broad incumbents
- Regus / IWG (International Workplace Group): Global leader in flexible workspace with extensive Indian presence through Regus, HQ, and Signature brands. Competes with Urban Vault on enterprise contracts and virtual offices but operates as a much broader, multi-brand global incumbent.
Emerging players
- The Office Pass (TOP): Tech-enabled coworking and managed office provider in India offering coworking, private offices, and virtual offices. Emerging player with comparable SMB and enterprise offerings but smaller footprint than Urban Vault.
- Table Space: Premium managed office space provider focused on enterprises and large teams in India. Competes with Urban Vault's enterprise segment, particularly Dedicated Private HQ and Managed Campus offerings.
- Skootr: India-based managed office space provider offering custom-built enterprise workspaces. Directly comparable on the enterprise fit-out and managed campus product lines that drive Urban Vault's IT services and GCC revenue.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Urban Vault social profiles
Digital presenceUrban Vault financial estimates
Financial estimateRevenue estimate
Valuation estimate
Urban Vault leadership team
Management profileNumber of profiles
Profiles2 records
Urban Vault funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Urban Vault 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 Urban Vault
What does Urban Vault do?
Urban Vault provides fully managed office spaces, coworking spaces, private offices, virtual offices, and meeting rooms across 75+ locations in 6 Indian cities (Bangalore, Pune, Gurgaon, Hyderabad, Mumbai, Chennai). The company delivers turnkey workspace solutions including office design, fit-out, and ongoing facility management under a per-seat monthly subscription model, also offering dedicated private HQ, managed campus facilities, and hybrid access for enterprise clients.
Is Urban Vault a public or private company?
Urban Vault is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Urban Vault founded?
Urban Vault was founded in 2018. It employs 51 to 100 people.
Where is Urban Vault based?
Urban Vault is headquartered in Bangalore, India, in the Asia region.
How does Urban Vault make money?
Four revenue lines are on record. Managed Office Space Rental is the primary driver. The others are fit-out and Facility Management, virtual Office Services and meeting Room Rentals.
Who are Urban Vault's main competitors?
Direct peers on record are Awfis Space Solutions, WeWork India, IndiQube, 91springboard, BHIVE Workspace and CoWrks. Regus / IWG (International Workplace Group) is listed as a broad incumbent. Emerging players are The Office Pass (TOP), Table Space and Skootr.
Does Urban Vault have an API?
No public API is recorded for Urban Vault.
What industry is Urban Vault in?
Urban Vault's product category is Managed Office Spaces and Coworking. Its primary akta.pro industry code is IMAIALAF, Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding). Its NAICS code is 561210 and its SIC code is 8744.