The company was incorporated as ‘Awfis Space Solutions Private Limited’ at Delhi, as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 17, 2014, issued by the RoC. Thereafter, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on November 24, 2023 and the name of the company was changed to ‘Awfis Space Solutions Limited’ with a fresh certificate of incorporation dated December 5, 2023, issued to the company by the RoC.

The company provide a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations. Its flexible workspace solutions cater to varied seat cohorts ranging from a single seat to multiple seats, which can be contracted by its clients for a period ranging from one hour to several years. Over time, it has evolved from a co-working space to an integrated workspace solutions platform. While its core solution is co-working solutions which includes flex workspaces, customized office spaces and mobility solutions, it has built capabilities to design, build, maintain and manage a wide range of flexible workspace requirements such as Awfis Transform (its construction and fit-out services business segment) and Awfis Care (its facility management services business segment). It also provides allied services ranging from food and beverages, information technology support services and infrastructure services such as storage and customization to event hosting and meeting arrangements. 

The company’s understanding of the modern workforce has helped it identify and anticipate evolving preferences and requirements, thereby enabling it to provide bespoke solutions to meet the varied and diverse needs of its clients across a diverse spectrum of demographics that it caters to. It also expanded its business offerings and started providing in-house fit-out and facility management services at its centers. Gradually, it transformed into a workplace solutions platform providing a variety of business offerings to address its customer demand. In addition, it also transformed and upgraded several properties across its portfolio and expanded its portfolio to setting up flexible workspaces in alternate assets, such as malls.

Business area of the company

The company offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations. The company's core solution is co-working, including flexible workspaces, custom office spaces, and mobility solutions. It also provides supporting services such as food and beverages, IT support, infrastructure services, and event hosting. 

Awards, accreditations or recognitions:

• 2019: Received a certificate of recognition as The Promising Brand 2019 by The Economic Times.
• 2019: Received a certificate of recognition as one of the Companies with Great People Managers in the Great People Manager Study 2019 by the Great Manager Institute.
• 2020: Received a certificate of excellence as Co-Working Brand of the Year - North at the Realty+ Co-Working Excellence Awards 2020.
• 2020: Received a certificate of recognition as one of the Prestigious Brands 2020-21 by The Economic Times.
• 2020: Received certification as a Great Place to Work for the period March 2020 – February 2021 by Great Place to Work Institute, India.
• 2021: Received the Co-Working Brand of Year award at the Realty+ Conclave Excellence Awards 2021 West.
• 2021: Received the Co-working Space Design of the Year award for Awfis Gold at the Realty+ Conclave Excellence Awards 2021 South.
• 2021: Received certification as a Great Place to Work for the period November 2021 – November 2022 by Great Place to Work Institute, India.
• 2022: Received the Coworking Brand of the Year National award at the Realty Coworking Summit & Awards 2022.
• 2022: Received the Co-working Space Design of the Year award for Awfis Gold, One International Center at the Realty Conclave Excellence Awards 2022 West.
• 2023: Received the Best Chain of Flex Spaces award by Business World (BW).
• 2023: Received certification as India’s Best Workplaces for Women 2023 (Large Category) by Great Place to Work Institute, India.
• 2023: Received the Managed Offices Space Design of the Year award at the Realty+ Conclave & Excellence Awards 2023 – North.
• 2023: Received the Managed Offices Space Design of the Year award at the Realty+ Conclave & Excellence Awards 2023 – South.
• 2024: Received the Best Coworking Brand of the Year award at the Economic Times Real Estate Conclave 2024.
• 2024: Received certification as a Great Place to Work for the period March 2024 – March 2025 by Great Place to Work Institute, India.
• 2024: Received a silver award in the ‘Best Design Category’ by iNFHRA.
• 2024: Received a silver award in the ‘Best Managed Office Brand’ by iNFHRA.
• 2024: Received the Outstanding POSH Policy Framework award at the POSH Conclave Excellence Awards 2024.
• 2024: Received the Outstanding POSH - Safe Workplace award at the POSH Conclave Excellence Awards 2024.
• 2024: Received the Coworking Brand of the Year award at the Realty+ Flex Spaces Conclave & Excellence Awards 2024.
• 2024: Received the Managed Spaces Design of the Year award at the Realty+ Flex Spaces Conclave & Excellence Awards 2024.

Major events and milestones:

• 2015: Inaugurated 1st center in New Delhi and commenced operations in Mumbai and Bangalore.
• 2016: Commenced operations in Gurgaon.
• 2016: Launched mobile application - “Awfis Coworking”.
• 2016: Signed 1st managed aggregation deal for a center in Mumbai.
• 2017: Secured Equity Investment worth Rs 1,220 million from Peak XV.
• 2017: Commenced operations in Hyderabad, Pune, Noida and Kolkata.
• 2018: Commenced operations in Chandigarh - 1st Awfis center in a Tier-2 City.
• 2019: Procured Funding worth Rs 90 crore from Bisque Limited and Link Investment Trust.
• 2020: Launched design and build solutions business line - Awfis Transform.
• 2020: Launched property and facility management services business line - Awfis Care.
• 2020: Commenced operations in Chennai - marking presence in 10 cities.
• 2020: Launched 1st Awfis Gold center in Hyderabad.
• 2021: Commenced operations in Ahmedabad and Indore.
• 2021: Launch of landmark 100th center in Pune.
• 2021: The company became EBITDA positive for Fiscal 2021.
• 2022: Commenced operations in Bhubaneshwar, Jaipur and Kochi.
• 2022: Signed agreements for 25th center each in Mumbai and Bangalore.
• 2022: Garnered investment from investors, Ashish Kacholia, Rajesh Kumar Gupta, Rajiv Goel, Ramesh Kumar Sharma, Ashutosh Bihani, Arjun Bhartia, QRG Investments and Holdings Limited, VBAP Holdings Private Limited, Karmav Real Estate Holdings LLP and Emerge Capital Opportunities Scheme.
• 2023: Commenced operations in Nagpur.
• 2023: Crossed landmark of 100,000 total seats (operational + under fit-out), with over 160 total centres and over 5 million sq. ft. of total chargeable area.
• 2024: Crossed landmark of 112,000 total seats (operational + under fit-out), with over 180 total centres and over 5.60 million sq. ft. of total chargeable area.