The flexible workspace platform myHQ by ANAROCK and the agile office space provider Awfis have forged a strategic alliance to enable on-demand access to Awfis’s more than 100 locations nationwide.
This unique collaboration will leverage the hugely increased post-pandemic pace of the Indian coworking industry. As per myHQ research, since 2017, an astonishing 25 mn. sq. ft. of coworking spaces have penetrated the top 7 cities of the country.
Utkarsh Kawatra, Senior Director – myHQ by ANAROCK, says, “Under this collaboration, myHQ user base of 100,000 individuals, will now have seamless access to Awfis centers to book on-demand seats and meeting rooms across the country via the myHQ app. Our on-demand solutions are one of the most popular options for professionals who need to get work done in an enabled corporate setting on a short-term or occasional basis. They can book individually or together, a single seat or a meeting room, whatever they need.”
“Today, coworking represents a 21% share of the country’s entire commercial office space sector,” says Kawatra. “In Q3 2023, the top 7 cities have absorbed 10.5 million square feet of office space, of which coworking accounts for a approx. 20% share. The most vibrant coworking hubs in India are currently NCR, Pune, and Bengaluru – but the flex workspace trend is rapidly penetrating even Tier 2 and Tier 3 cities and towns.”
Sumit Lakhani, Deputy CEO – Awfis, says, “We are excited to collaborate with myHQ for our mobility solutions. For us, this becomes another key source of helping a wider audience base experience our services. Our products have been carefully designed keeping in mind the evolving preferences of the new-age workforce and our pricing strategy ensures that people get elevated workspace experience in key micro-markets across cities at a very competitive price. This partnership aligns with our goal to maximize our reach to individuals and corporates across the country.”
Seventy percent of Indian businesses have used various forms of flexible work models since the COVID-19 pandemic. As a result, coworking spaces are now the preferred choice for businesses and their staff to support their dynamic work style. More than half of small businesses and startups believe coworking to be an incredibly affordable option for mixed work.
About myHQ by ANAROCK
myHQ by ANAROCK is India’s largest flexible workspace solutions platform. Founded in 2016 by IIT Delhi graduates Utkarsh Kawatra & Vinayak Agarawal, their mission is to empower today’s workforce with freedom and flexibility to work in any way & from anywhere by providing technology-driven innovative workspace solutions. Currently present across 7+ cities with a footprint of 700+ spaces, they have helped over 50,000 individuals & corporates in having more productive days at work.
Awfis is the leading flexible workspace solutions company in India offering a network of flexible coworking spaces, where small and large corporates can seamlessly book and utilize workspaces tailored to their requirements. Within their suite of flexible workspace solutions, they offer Awfis Space Solutions, Awfis Transform, and Awfis Care.
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Their integrated platform strategy addresses modern workspace requirements by backward integration with Awfis Transform, providing design and build services, and forward integration with Awfis Care, delivering facility management services on behalf of space owners.