What Qdesq does

Qdesq is an Indian online marketplace for flexible workspace solutions, founded in 2015 and headquartered in New Delhi. The company operates a brokerage-free platform that enables businesses to search, compare, and book coworking spaces, serviced offices, and day passes. Its customer base spans startups, SMEs, mid-market companies, and enterprise clients seeking flexible office solutions across India, with the platform aggregating 3,200+ workspaces across 52+ cities. Qdesq was acquired by JLL IP, the IP entity of global real estate services firm Jones Lang LaSalle, on October 26, 2023, and now operates as a corporate subsidiary.

The core product is the Qdesq marketplace, which provides transparent comparison of deal terms and pricing across its workspace network. Qdesq has developed Qudify, a proprietary SaaS platform designed to manage workspace operations and bookings for flexible workspace operators, creating a B2B technology layer alongside the consumer-facing marketplace. The product portfolio also includes Qdesq Flexi, a day-pass offering providing short-term access to the same workspace network. The company uses a self-serve, product-led go-to-market motion, with discovery driven primarily through organic search, content marketing, and social media.

Qdesq generates revenue through marketplace commissions on workspace bookings facilitated through its platform. Pricing is quote-based and varies by location, space type, and duration, with no publicly disclosed pricing tiers. The company has raised approximately $1.4 million in total funding across multiple early-stage rounds, with notable investors including Gruhas, JLL Spark, Kisho Capital, Redcliffe Capital, and Angelbay. As of the most recent reporting, Qdesq employed approximately 65 people.

Name

Qdesq

Legal name

Qdesq

Website

https://qdesq.com

Company type

Private

Founded year

2015

Operating status

Acquired

Headcount range

101–250 employees

Short description

Qdesq is an Indian online marketplace that helps businesses find, compare, and book flexible workspaces across 3,200+ spaces in 52+ cities. It also offers Qudify, a SaaS platform for workspace operators, and operates as a JLL IP subsidiary.

Ownership category

akta.pro rank

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Workspace Rental Marketplace: Qdesq operates an on-demand workspace rental platform connecting businesses with flexible office spaces. Revenue is generated through transaction fees or commissions on workspace bookings facilitated through their platform.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Qdesq operates a tech-enabled, brokerage-free digital marketplace that enables businesses and individuals to search, compare, and book flexible workspaces including coworking spaces, serviced offices, private offices, and meeting rooms across 3,200+ workspaces in 52+ cities in India. The company also offers Qudify, a SaaS platform for workspace operators to manage bookings and operations, alongside Qdesq Flexi, a coworking day-pass product providing on-demand workspace access nationwide.

Product overview

Qdesq operates as a unified workspace marketplace and technology platform for India's flexible office market. The core offering is the Qdesq marketplace platform, which connects businesses and individuals with coworking spaces, serviced offices, and private offices for rent across India. Supporting this is Qudify, a SaaS platform for workspace management. The product portfolio also includes Qdesq Flexi, a day-pass product offering access to over 3200 workspaces in 52+ cities. The company positions itself as a find-compare-save platform for office space solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Qudify: SaaS platform for workspace management
• Qdesq Flexi

Products and services

• Qdesq Marketplace Platform An Indian on-demand workspace rental marketplace that enables businesses and individuals to find, compare, and rent coworking spaces, serviced offices, and flexible workspaces across 3,200+ spaces in 52+ Indian cities.
• Qudify A SaaS platform offered by Qdesq that supports workspace operators in managing flexible workspace operations, bookings, and inventory as part of the company's technology expansion.
• Qdesq Flexi A coworking day-pass product that gives users access to 3,200+ workspaces across 52+ Indian cities, enabling flexible short-term on-demand workspace usage.

Quantifiable outcome

• 3200+ workspaces available across 52+ cities in India
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Awfis Space Solutions: Awfis is India's largest coworking and flex-workspace operator with a marketplace-style network across major Indian cities. It is the closest direct competitor to Qdesq, targeting the same startup, SME and enterprise customers with comparable on-demand booking and managed office products.
• WeWork India (Embassy Group): WeWork India operates large coworking and flexible office locations across major Indian metros. It is a primary direct competitor to Qdesq for enterprise and SME flexible workspace demand and competes on inventory breadth and brand in the same Indian cities.
• 91springboard: 91springboard is an Indian coworking and flex-office operator targeting startups and SMEs with on-demand and dedicated desks. It competes directly with Qdesq's marketplace across Indian metros and overlaps on the early-stage startup segment.
• IndiQube: IndiQube is an Indian managed-office and coworking provider serving enterprise and mid-market clients across multiple cities. It is a direct peer with comparable product, target market and India-only geographic scope.

Broad incumbents

• IWG (Regus / HQ): IWG operates the world's largest network of flexible workspaces (Regus, HQ, Signature) across 120+ countries. As a global incumbent entering the Indian flex market, it offers overlapping capabilities to Qdesq's enterprise and SME customers and shares JLL-adjacent relationships.
• Yardi Systems: Yardi is a large incumbent commercial real estate software provider offering workspace, lease and operations management solutions. It represents a broader incumbent competitor to Qudify in the proptech SaaS layer serving workspace operators.

Regional players

• BHIVE Workspace: BHIVE Workspace is an Indian coworking operator with a strong footprint in Bengaluru and other Indian cities. It is a regional peer competing for the same SME and startup demand that Qdesq aggregates on its marketplace.
• Workafella: Workafella is an Indian premium coworking operator with locations in major metros targeting startups, SMEs and enterprise clients. It competes with Qdesq's marketplace inventory in tier-1 cities.
• CoWrks: CoWrks is an Indian premium coworking and managed-office operator with locations across multiple cities. It targets the same enterprise and SME customer base that Qdesq serves through its marketplace.

Emerging players

• OfficeRnD: OfficeRnD is a SaaS platform for coworking and flex-workspace operators (booking, billing, member management). It is comparable to Qdesq's Qudify SaaS product and competes for the same supply-side workspace operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/qdesqworkspaces
• Xx.com/theqdesq
• LinkedInlinkedin.com/company/qdesq

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors5 records

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

M&A

Investments

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

Frequently asked questions about Qdesq