Stylework
Category: AI Developer Tools
SaaS-based co-working and managed workspace aggregator providing flexible office solutions for enterprises Stylework was founded in 2016. The company is led by Sparsh Khandelwal. Based in Gurugram, India. Team size: 60-100. Total funding raised: $6.5M+ across four rounds (Pre-Series B total >$3.5M including $1M Auxano second close Jul 2026 + ₹30 Cr first close Nov 2025). Latest round: Pre-Series B. Key investors include Auxano Capital (Lead, Pre-Series B second close), Equentis Angel Fund (Lead, Pre-Series B first close), Karekeba Ventures, Cogniphy AIF Fund, LetsVenture Fund, MoneyVyapaar, Inflection Point Ventures, We Founder Circle.
- Founded
- 2016
- Headquarters
- Gurugram, India
- Team size
- 60-100
- Total funding
- $6.5M+ across four rounds (Pre-Series B total >$3.5M including $1M Auxano second close Jul 2026 + ₹30 Cr first close Nov 2025)
Value proposition
Offers a unified platform to access 10,000+ workspace centres (coworking, private offices, managed workspaces) across 125+ cities, optimizing costs and operational flexibility via FlexBoard and Stylework.ai AI-driven analytics
Products and solutions
Co-working spaces, Private offices, Meeting rooms, Managed workspaces, AI-driven workspace analytics, FlexBoard SaaS platform, Stylework.ai, Day pass / Flexipass bookings, Multi-location membership, Virtual office solutions, Enterprise Master Service Agreement
Unique value
India's largest B2B SaaS flex workspace platform with proprietary technology enabling seamless access to 4,000+ workspaces across 125+ cities through a single Master Service Agreement
Target customer
Enterprises and businesses seeking flexible workspace solutions, including startups, SMEs, and large corporations including Fortune 500 companies
Industries served
Commercial Real Estate, Flexible Workspaces, Enterprise SaaS, Coworking Operators, Technology, Financial Services, Consulting
Technology advantage
Proprietary SaaS platform (FlexBoard) with AI-driven analytics for predictive workspace utilization, cost optimization dashboards, and a scalable marketplace connecting 650+ workspace operators
How they differentiate
Stylework differentiates itself through its SaaS-based platform and AI-led workspace aggregation, offering a tech-driven solution for flexible workspace management with a B2B SaaS model, whereas competitors often prioritize direct physical space management
Main competitors
WeWork, Regus, Awfis, 91Springboard, Coworking.com
Key partnerships
FICCI, CBRE, WeWork India, Awfis, Innov8, 91Springboard, meetday.ai (experiential brand activations in workspaces, 2026), MIRAI JMAC (UAE Royal family office), 650+ workspace operators / 500+ workspace brands
Notable customers
Fortune 500 companies, Indian conglomerates (Tata, Infosys), Over 1,500 enterprises across various sectors
Major milestones
Raised ₹30 crore Pre-Series B first close (Nov 2025, Equentis-led), Raised $1M Pre-Series B second close led by Auxano Capital (Jul 2026); Pre-Series B total >$3.5M; lifetime funding $6.5M+, Expanded to 10,000+ workspace centres across 125+ cities, GMV >₹340 crore; net revenue run rate >₹50 crore, Profitable second consecutive year (>$2 crore profit), Pre-money valuation ~₹250 crore at Nov 2025 raise, IPO planned for FY27-28
Growth metrics
10,000+ workspace centres across 125+ cities; GMV >₹340 crore (2026 reporting year); annual net revenue run rate >₹50 crore; profitable second consecutive year (>$2 crore profit); 10,000+ customers; 1,500+ enterprises; 650+ operators / brands on platform
Market positioning
Positioned as the leading B2B SaaS flex workspace aggregator in India, targeting businesses seeking flexible workspace solutions with emphasis on technology integration and scalability
Geographic focus
Primarily focused on India (125+ cities) with expansion plans in Europe and Middle East
Patents and IP
No public patents mentioned; focused on proprietary software and business model innovation
About Sparsh Khandelwal
First-generation entrepreneur, founder of Stylework since 2016. Previously founded Cubes as Executive Lead. Graduated with B.Tech in Computer Science from JSS Academy of Technical Education, Noida. Recognized as '30 Under 30' entrepreneur and TEDx speaker.
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Official website: https://www.stylework.city