Smartworks plans to raise $70-90 mn this fiscal for growth; FY'23 revenue rises to cross Rs 700 crore
Smartworks, a provider of managed office space, is planning to raise an equity fund of $70-90m this fiscal year to cater to rising demand for flexible workspace. According to the company's founder, Neetish Sarda, Smartworks' revenue is set to cross INR 700 crore during the last fiscal year, and the company has already achieved an annual run rate of INR 1,000 crore.
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