Innov8 Reports Net Profit of INR 62 Crore in FY 2024

Innov8, India’s leading flex space startup, reported a net profit of INR 62 crore for FY 2024, a sharp increase from INR 2.5 crore in FY 2023. The company is planning a major expansion, aiming to increase its seat capacity to over 50,000 by 2025, and is raising ₹100 crore to support its growth initiatives.

Onward Workspaces Expands with 18,000 Sq. Ft. Premium Facility at Emaar Capital, Gurgaon, to Serve Global Enterprises

Onward Workspaces has leased 18,000 sq. ft. of premium office space at Emaar Capital, M.G. Road, Gurgaon, marking a strategic expansion to cater to the growing demand for flexible, Grade-A office solutions. The new facility, designed to foster innovation and collaboration, has already secured strong interest, with a UK-based multinational shipping company pre-booking 45% of the available area. This expansion is part of Onward Workspaces’ broader plan to add 150,000 sq. ft. of office space across Delhi NCR by the end of 2024.