Copyright © HT Digital Streams Limit all rights reserved. The industry Wework India has signed rental transactions with companies such as Asper.AI Technologies Pvt Ltd and Eightfold AI India Pvt Ltd. Summary Flex office operators such as Wework India, Indiquube, Table Space, Incuspaze and others have signed on AI firms as tenants for 50-700 seats in their centers. Bengaluru: Flexible workspace providers see a greater demand for office space of artificial intelligence enterprises and ai-first companies, with most of the leasing taking place in Bengaluru, Pune and Hyderabad. Flex Office operators such as Wework India, Indique, Table Space, Incuspaze and others have signed AI firms as tenants for 50-700 seats in their centers. ‘The leading shared workspace companies Wework India and Indiquube have signed several transactions with AI artuPs in Bengaluru and other cities over the past year or so,’ said a person familiar with the plans of the businesses. For example, Wework India has signed rental transactions with companies such as Asper.AI Technologies PVT Ltd, an AI platform for consumer goods, and eightfold AI India PVT Ltd, a talent -intelligence platform. Spokespeople from Wework India and Indiquube, both in IPO mode, declined to comment. Read more: A robust demand for office spaces to give occupations an edge “Ai is one of the most dynamic and fast-growing sectors today, and in table space we see increasing demand from ai-first companies. As these businesses tackle and adapt to market shifts, flexible workspaces offer the ideal solution-allow. “We see Pune and Hyderabad in particular as hotspots for AI and technical focused clients who need office space,” he said. AI-market size, at $ 7-9 billion in 2023, is estimated to be $ 17-22 billion in 2027. “… This expansion is significantly driven by the increase in AI and Technical Research Facilities. In addition to AI, the depth technology now uses flexible workspaces to facilitate rapid scale and changing infrastructure requirements,” he said. Mehrotra, specialized workspaces in the recent past, said several companies that specialize in Big Data Analytics, Insights-led customer engagement platforms and AI solutions have chosen 315Work Avenue’s adjusted workspaces. Consultants said managed and flexible office spaces, which account for 20% of the total office rent in 2024, work well for AI-led businesses that expanded and collected fresh financing. Rahul Arora, Head Office Leasing and Retail Services, Senior Managing Director (Karnataka, Kerala), India, JLL, an advice on property, said emerging sectors, especially AI and ML (Machine Learning), are popular and drive the demand for office space. Flexible workspaces have become increasingly attractive in this landscape and offer numerous benefits, he said. “Such works spaces require minimal pre -investment, can be obtained quickly, and provide custom solutions to meet different business needs,” Arora added. Hanto Workspace has a partnership with AI-powered firms such as future AGI, Composio and Sky-AI for long-term work space solutions. While the average spacecraft per employee in conventional startups is 40-50 square meters, AI startups require 90-100 square meters per person. Read more: Mint Primer: Why Delhi-NCR The new Flex Office capital of India is “This is mainly due to their need for high-powered computer infrastructure and leaner workforce. Preferred locations include technical hubs and business bed districts in Bengaluru, such as Koramangala, Hanto Worksout. Due to its strong technical ecosystem, the Flex Office operator Incuspaze also said he also saw interest in Hyderabad, Pune, Gurugram and Chennai, where AI startups and research and development centers expand. Fair, “says Sanjay Chatrath, co -founder and managing partner, Incuspaze. AI companies usually absorb spaces from 50 to 500 seats, with some larger firms that require complete dedicated floors or adjusted office settings. Catch all operating news, bank news and updates on live currency. Download the Mint News app to get daily market updates. More Topics #artifical Intelligence Mint Specials
Flex Workspace providers see a greater question of artificial intelligence firms
