Gurugram-based startup Stylework raised Rs 30 crore in a pre-Collection B funding spherical led by Equentis Angel Fund, with backing from Karekeba Ventures, Cogniphy AIF Fund, and different current buyers.
The corporate will use this capital to strengthen its AI-powered aggregation programs throughout its listings platform and enhance ARBI (air-con, raised flooring, blinds, inside) options to make business workplace visits smoother.
Based in 2016 by Sparsh Khandelwal, Stylework aggregates versatile workspaces—akin to coworking memberships, personal places of work, and managed places of work—on its on-line platform. Right this moment, it lists greater than 4,000 coworking and managed places of work throughout 125 cities, sourced from over 650 operators, together with massive names like WeWork India, Awfis, Innov8, and Springboard18.
Stylework has already bought over 70,000 seats, stays worthwhile, and is producing an annualised GMV of Rs 280 crore.
The startup turned PAT optimistic in March, and closed FY25 with an EBITDA of Rs 2 crore and a PAT of Rs 1 crore. For FY26, it initiatives a PAT of Rs 3–4 crore, web income of Rs 45–50 crore, and GMV of round Rs 400 crore.
To deepen its attain, Stylework plans to speculate 20–25% of this new funding in bringing its aggregator expertise to Southeast Asia and the Center East over the following two to a few quarters. It additionally has its eyes on European growth via acquisitions.
The startup’s aggregation mannequin helps enterprises, SMEs, and distributed groups navigate India’s fragmented coworking market. By standardising discovery and pricing, Stylework makes it simpler to seek out and e book workspaces even in Tier II and III cities the place visibility is often low. To this point, it has served greater than 10,000 clients.
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