Smartworks secures Rs 168 crore in funding round led by Keppel
Smartworks has successfully raised rs 168 crore in its lastest funding round this year. According to a press release, the investment comes from a consortium of investors including Keppel Ltd., Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and high-net-worth individuals. The promoters of Smartworks retain a majority shareholding in the company following this funding infusion. Keppel Ltd., Mahima Stocks Private Limited, and Deutsche Bank A.G. London Branch are among the notable investors supporting Smartworks, underscoring their confidence in the company's growth and leadership in the managed office and campus space sector. Louis Lim, CEO, Real Estate of Keppel Ltd., remarked on the strategic partnership, noting that since Keppel's initial investment in 2019, Smartworks has evolved into India's foremost managed workspace platform. In the fiscal year 2024, Smartworks expanded its footprint with new centres, including Golf View Corporate Towers in Gurgaon, Logix Cyber Park in Noida, Amar Tech Centre and 43EQ in Pune, and Olympia Pinnacle in Chennai.
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