WeWork to open 3 new centres with 3,600 desks in Bengaluru

Coworking major WeWork India has signed a lease for 2.2 lakh square feet of office space in Bengaluru to open three new centres with a cumulative capacity of 3,600 desks.

The company has taken on lease 95,000 square feet area at Embassy Golf Links Business Park to set up two centres with a combined capacity of around 1,600 desk spaces, WeWork India said in a statement.

It has taken 1.25 lakh square feet in Prestige Tech Park Jupiter, located close to Marathahalli, with a capacity of 2,000 desks. Nearly 60% of the area has been pre-committed.

Out of the three, one facility has become operational and the other two would open soon.

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WeWork India said it has been expanding its footprint in the country since its inception in 2017. Its revenue rose 70% last calendar year to around Rs 1,300 crore.

At present, Bengaluru-based WeWork India has over 65 lakh square feet of office space across 45 locations in Delhi-NCR, Mumbai, Bengaluru, Pune, and Hyderabad.

Apart from WeWork India, the major co-working players are Smartworks, Simpliwork, Awfis, Skootr, The Executive Centre, Urban Vault, IndiQube,  91springboard, 315Work Avenue, Akasa Coworking, The Office Pass, Avanta India and BHIVE Workspace, among others.