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Awfis hopes to expand its workspace portfolio

Awfis, a homegrown flexi-workspace provider, expects to double its portfolio this year by adding over 60,000 seats across 100 locations, according to Amit Ramani, the company’s founder, and CEO. 

In addition to enhancing operations in cities where it is already present, the company plans to join four new Tier 2 cities in 2022.

“Demand for flexible workspace has increased by five times post Covid. Half of the demand is coming from SMEs and startups, and most of them prefer an organized player like us,” Ramani said.

Awfis has achieved the 100-center milestone, and by the end of 2022, it hopes to have 100,000 operating seats. The company now spans 4 million square feet across 14 locations, with 62,000+ seats, making it India’s largest flexi workspace provider.

“Companies have started coming back to offices, and working from home is not a long-term solution. This is going to be a year for tier 2 cities, and we will enter Cochin, Lucknow, Nagpur, and Jaipur,” Ramani said.

Awfis’ 100th center, named “Awfis One,” is located in Bengaluru’s Lido Mall and spans 70,000 square feet with 15,000 seats to meet the growing need for flexible workspaces.

“Amidst the dynamic work transition that took place almost overnight, Awfis emerged as the partner of choice in supporting organisations towards reimagining their future of work, through their own business evolution,” Ramani said. “Over the course of the pandemic, Awfis has grown from being a coworking player to an integrated end-to-end workspace solutions provider that is changing the way India works.”

The company has added 30,000 seats across 59 locations in the 15 months after the first lockdown.

“We are optimistic about the growth of the flex workspace industry this year and, in line with that, our aim is to double our capacity further in 2022 by launching our next 100 centres and entering new markets to establish a strong presence across 18 cities in India,” he said.

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