Stylework raises Rs 30 crore in funding; CEO Sparsh Khandelwal notes transformation in India's workspace market poised for $10 Bn flex portfolio

Stylework, a SaaS-based co-working aggregator, has successfully raised ₹30 crore in a pre-Series B funding round, achieving a pre-money valuation of ₹250 crore. The funds will bolster its AI-driven marketplace and expand operations nationally and internationally.

CEO Sparsh Khandelwal emphasized the significant changes occurring within India’s workspace market, stating, “We’re witnessing a fundamental transformation… poised to reach a $10 Bn flex portfolio in the next 2-3 years.” Stylework claims to have maintained profitability while reporting an annualized GMV of ₹280 crore and covering 125 cities with more than 70,000 seats sold.

As the demand for flexible workspaces rises, Stylework is positioning itself as a key player in this evolving market, ready to take advantage of the burgeoning trends.

Stylework, a co-working and managed workspace aggregator, has raised ₹30 crore in a pre-Series B round led by Equentis Angel Fund. CEO Sparsh Khandelwal noted a transformation in India's workspace market, projected to reach a $10 billion flex portfolio within the next 2-3 years.