- Table Space plans $2.5B IPO
- Indian workspace provider expands rapidly
- Tech boom fuels flexible office demand
Workspace Wonder
Table Space, an Indian managed workspace provider, is gearing up for an IPO next year.
The company aims to achieve a valuation of $2.5 billion or more, significantly higher than its current $550 million valuation.
Growth Spurt
Founded in 2017, Table Space has rapidly expanded its footprint to over 9.5 million square feet across six major Indian cities. The company serves Fortune 500 clients like Apple, Google, and PayPal. It plans to nearly double its real estate portfolio within three years, investing about $535 million.
Market Momentum
Despite global uncertainties in the flexible workspace sector, Table Space’s IPO plans reflect strong demand in India. The company’s growth is driven by a booming tech sector and multinational corporations seeking flexible office solutions. Table Space projects annual revenue to reach nearly $600 million by March 2027.
