LOGIY SPACES

What LOGIY SPACES does

Logiy Spaces Pvt Ltd is an industrial and logistics real estate developer headquartered in Bengaluru, India, founded in 2020. The company develops Grade A warehousing and manufacturing spaces within purpose-built industrial and logistics parks, serving enterprise tenants in the manufacturing and logistics sectors. Its current portfolio comprises three projects: Logiy BCE (40 acres on the Bengaluru-Chennai Expressway near Hoskote), Logiy Hoskote (65 acres), and Logiy Bagalur (54 acres), collectively spanning approximately 159 acres with a planned built-up area of about 3.8 million square feet. The company has publicly stated a target of scaling to over 10 million square feet of built-up area by 2027-28 and expanding into Chennai and Hosur.

The business model is centered on long-term leasing of Grade A industrial and warehousing assets to enterprise customers, reached through a direct enterprise sales go-to-market approach. Logiy Spaces operates with a lean team of approximately 10 employees and is privately held without disclosed external funding, suggesting a bootstrapped capital structure reliant on internal accruals, land seller financing, or conventional project-level debt to fund development. Revenue mechanics are not disclosed, but the standard model for this asset class is multi-year triple-net or gross leases with manufacturing and 3PL/logistics tenants.

Logiy Spaces is led by Founder Director B R Venkatesh Kumar and co-founder Dr. G A Haresh Babu, with a recent leadership addition of Anil Varghese as Head of Digital Growth, indicating an intent to layer digital and AI-assisted capabilities into tenant acquisition and operations. No proprietary technology platforms, patents, or AI/ML models have been disclosed; differentiation appears to rest on strategic land assembly along supply-constrained industrial corridors rather than technology.

Name

LOGIY SPACES

Legal name

Logiy Spaces Pvt Ltd

Website

https://logiyspaces.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Logiy Spaces is a Bengaluru-based industrial and logistics park developer founded in 2020 that builds and leases Grade A warehousing and manufacturing space to enterprise tenants across a ~159-acre, three-project land bank in Karnataka.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Development

NAICS

General Warehousing and Storage (493110)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Heavy Machinery & Industrial Equipment Storage Yards (TLALAKAD)

akta.pro secondary industry

Vehicle & Equipment Storage Yards (Laydown/RoRo/Parking) (TLALAAAJ)

Keywords

• Industrial real estate
• Logistics parks
• Warehousing infrastructure
• Manufacturing facilities
• Grade A industrial parks

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Industrial & Logistics Park Leasing: Revenue generated from leasing Grade A warehousing and manufacturing spaces to businesses. The company offers both built-to-suit custom solutions and pre-leased spaces, providing flexibility for varying client needs in the warehousing and manufacturing sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Logiy Spaces develops Grade A industrial and logistics parks across South India, encompassing land acquisition, project execution, and on-demand warehousing and manufacturing infrastructure. The company offers built-to-suit custom solutions and pre-leased spaces to manufacturing and logistics enterprises, with a streamlined 15-day process from site visit to legal processing.

Product overview

Logiy Spaces operates as a premium Grade A Industrial & Logistics Park developer offering a unified platform of real asset management services. The portfolio includes three distinct development projects: Logiy BCE (40 acres along Bengaluru-Chennai Expressway), Logiy Hoskote (65 acres), and Logiy Bagalur (54 acres in Hosur), providing warehousing and manufacturing infrastructure totaling over 3.8 million sq.ft. Core offerings center on Grade A warehousing infrastructure development and modern manufacturing facilities, complemented by built-to-suit and leased space options with a streamlined 15-day processing timeline.

Differentiator

Problem solved

Functional benefit

Brands

• Logiy BCE: Modern Manufacturing & Logistic Park near the Bengaluru-Chennai Expressway (BCE) in Hoskote, spanning 40 acres with 958,000 sq. ft. built-up area across 5 buildings.
• Logiy Bagalur
• Logiy Hoskote

Products and services

• Logiy BCE

Quantifiable outcome

• 15-day process from site visit to legal processing
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Mahindra Logistics: Listed Indian 3PL and supply chain solutions provider that also owns and operates warehousing infrastructure. Comparable as an enterprise warehousing customer/competitor but with a much broader logistics services portfolio rather than a pure industrial real estate developer.
• RMZ Corp: Indian commercial real estate platform with significant Grade A office and emerging industrial/logistics exposure. Comparable as a Bengaluru-rooted institutional real estate developer, but industrial/logistics is one segment of a much broader portfolio.
• Brigade Group: Large Bengaluru-headquartered real estate developer with diversified commercial, residential, and industrial exposure. Comparable as a Bangalore-based Grade A real estate developer but operates across many asset classes rather than specializing in industrial parks.
• IndiGrid: Listed Indian infrastructure investment trust with exposure to power transmission and select real assets. Functions as a potential capital partner or comparable institutional vehicle for industrial/warehousing real estate, though not a direct developer competitor.

Direct peers

• ESR India: APAC-focused industrial and logistics real estate platform with significant India operations developing large-scale Grade A warehousing and industrial parks. Direct competitor for enterprise tenants, capital partners, and prime land in the same Bengaluru/Hoskote corridor as Logiy.
• TVS Industrial & Logistics Park: TVS Group-affiliated developer of industrial and logistics parks in South India, including Hosur and Bengaluru-region micro-markets. Directly overlaps with Logiy on geography (Hosur/Bengaluru industrial belts) and product (Grade A industrial/logistics space for lease).
• Horizon Industrial Parks: Blackstone-backed Indian industrial/logistics park developer with a multi-million sq. ft. Grade A portfolio across India. Most directly comparable to Logiy in asset class (Grade A industrial parks), business model (leasing to enterprises), and geography (South India presence), but at much greater scale and with institutional capital.
• Welspun One: Indian warehousing and industrial parks platform backed by Welspun Group, developing and leasing Grade A logistics and industrial space to enterprise occupiers. Comparable in product (Grade A warehousing + industrial parks), lease-based revenue model, and target customer base (3PL, manufacturing, e-commerce).
• Embassy Industrial Parks: Joint venture between Embassy Group and Warburg Pincus developing Grade A industrial and logistics parks across India. Directly comparable to Logiy in product (built-to-suit and leased Grade A industrial space), business model (developer + capital partner structure), and South India footprint.
• KSH Infra: Indian industrial and logistics park developer with multiple Grade A parks across India including Pune and Bangalore-region corridors. Comparable to Logiy in product offering (Grade A industrial/logistics parks), build-to-suit and pre-lease model, and southern India presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/logiy-spaces

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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 LOGIY SPACES