Ending Soon! Save 33% on All Access

Smartworks Gains USD 12 Mn Backing from Ananta Capital and Others In 2019, Keppel Land contributed USD 25 million to the Gurugram-based startup's Series A fundraising round.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Neetish Sarda (Founder) & Harsh Binani (Co-founder), Smartworks

Managed workspace platform Smartworks announced that it has raised USD 12 million (approximately INR 100 crore) from a group of investors led by Ananta Capital, known for backing Bella Vita Organic.

45 investors participated in this investment round, including Lend Lease, Plutus Capital, Dhawan Family Private Trust, Kili Ventures LLP, Anand Dalmia, and Stargazer Fund-1, among others, according to the startup's Ministry of Corporate Affairs (MCA) filing.

In 2019, Keppel Land contributed USD 25 million to the startup's Series A fundraising round.

The financing was initially reported by Inc42.

Started in 2016 by Neetish Sarda and Harsh Binani, Smartworks is a shared workspace company that offers office spaces that can be quickly set up and tailored to businesses' requirements.

Bengaluru, Kolkata, Delhi NCR, Mumbai, Pune, and other cities are among the approximately 40 locations in which the firm claims to manage more than 8 million square feet of office space.

It provides services to more than 600 enterprises, including unicorns and soonicorns, multinational firms, Forbes 2000/Fortune 500 companies, and unicorns.

Leasing a 14-floor tower in the Balewadi area allowed Smartworks to enter the Pune market last month. 8,000 desks are expected to fit into this facility.

Entrepreneur Staff

Entrepreneur Staff


For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Starting a Business

From Anticipated Failure to Unforeseen Success — 5 Turning Points in My Entrepreneurial Journey

I didn't always believe my business would succeed, but these five moments helped me see its potential.

Side Hustle

This 27-Year-Old Started a Side Hustle on Facebook Marketplace — Now the Gig Earns Over $500,000 a Month

Valentina Zapata wanted "something positive to do on the side" — and it turned into a major money-maker.

News and Trends

PV Sindhu Joins Wellness Brand Hoop as Investor and Brand Ambassador

This partnership aims to propel Hoop towards becoming India's most loved wellness brand.

News and Trends

L&T Eyes Growth In Green Energy With USD 2 Billion Investment In Hydrogen Project

L&T had last year announced that it will invest USD 12 billion over the next five years, a third of which will be accounted for by green energy.


How to Balance Family and Business — An Entrepreneur's Guide to Harmonious Living

The article underscores the importance of balancing entrepreneurial pursuits with family life through clear communication, involving family in business and maintaining a healthy work-life balance.