Smartworks Raises $50M in Pre-IPO
Smartworks has successfully raised $50M in a Pre-IPO at a $600M valuation led by Keppel Corporation.
Company Overview
Smartworks is a PropTech company headquartered in Gurgaon, India, founded in 2016 with 800+ employees.
Flexible workspace provider
Fundraising Details
- Amount Raised: $50M
- Round Type: Pre-IPO
- Valuation: $600M
- Date: 2025-07-01
- Investors: Keppel Corporation
About Smartworks
Flexible workspace provider The company is positioned in the PropTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Gurgaon, India
- Founded: 2016
- Team Size: 800+
- Industry: PropTech
What This Means
This funding round demonstrates strong investor confidence in Smartworks's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Smartworks's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $600M valuation marks an important milestone for Smartworks, positioning the company among notable players in the PropTech industry.
Looking Ahead
With this new capital, Smartworks is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-07-01. For more information about Smartworks, visit their headquarters at Gurgaon, India.
