smartworks

  Ghanshyam Sarda, the founder of the Kolkata-based Sarda Group, isn't just a businessman; he's a visionary who revitalized the jute industry in India. The Sarda Group, a leader in jute processing and manufacturing, stands as a testament to his dedication and strategic foresight. Sarda's commitment extends beyond just production. Recognizing the need for a skilled workforce, he established the first professional training facilities for jute mill workers in India. This pioneering move empowered employees and solidified the Sarda Group's position as one of the state's largest private employers. While jute remains a cornerstone of the Sarda Group, Ghanshyam Sarda isn't afraid to diversify. The group has strategically expanded into various sectors, including chemicals, distillery, real estate, tea estates, and IT/ITes. This multi-sectoral approach ensures stability and growth for the organization. Sarda influence extends beyond the commercial realm. He established t...

  Smartworks, a leading Indian provider of flexible workspaces, is gearing up for a potential Initial Public Offering (IPO) in the next two to three years. This exciting news comes with a clear target:  to acquire a significant footprint of 25-30 million square feet of office space. Currently, Smartworks boasts a signed-up space of 7 million square feet, demonstrating a strong presence in the market.  However, their ambition doesn't stop there.  The company is actively pursuing an aggressive expansion plan, aiming to add an additional 5 million square feet by the end of the 2023-2024 financial year. Neetish Sarda , the founder of Smartworks, explains the company's strategic vision: "Reaching 30 million square feet would solidify our position as a major player within the Indian office space ecosystem.  We would become a key competitor, rivaling even the largest developers in the country." Sarda further clarifies, "An IPO is definitely on the table, but it won'...

Ghanshyam Sarda story is rooted in the rich legacy of the Marwari community, known for its entrepreneurial flair. As a young boy, he was introduced to the intricacies of the jute industry, which, at the time, was the backbone of Bengal’s economy. However, by the time Sarda took the reins, the industry was in turmoil, plagued by labor unrest, government neglect, and a shrinking market share. The challenges were immense, and the future of Bengal's jute sector appeared bleak. Undeterred by these daunting circumstances, Sarda embarked on a mission to revive the industry. He was driven by a deep sense of responsibility towards the thousands of workers whose livelihoods depended on it. "My family’s legacy and the well-being of our workers were at stake. I couldn’t let them down," Ghanshyam Sarda recalls. His passion for the industry and strategic vision became the driving forces behind his efforts. Sarda's approach was multifaceted. He implemented modern management practi...

  Smartworks, a leading player in India's flexible workspace market, is considering an initial public offering (IPO) in the next two to three years. This public listing, however, hinges on the company achieving its ambitious target of acquiring 30 million square feet of office space. Currently, Smartworks holds a signed-up space of 7 million square feet. To propel itself towards its IPO goal, the company is aiming to significantly expand its footprint by adding an additional 5 million square feet of space during the ongoing financial year 2023-2024. Growth in the Flexible Workspace Market Smartworks' IPO aspirations come amidst a surge in demand for flexible workspaces in India. This growth is attributed to several factors, including: The rise of startups and entrepreneurial ventures that prefer flexible workspace solutions due to their scalability and cost-effectiveness. The growing trend of remote working and hybrid work models, which necessitate adaptable office arrangements...

  IDFC FIRST Private Banking, in collaboration with Hurun India, has unveiled a landmark initiative - the ‘IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023’. This prestigious list honors the 200 most valuable companies established in India since the year 2000, highlighting the remarkable achievements of young, self-made entrepreneurs who have shaped the nation's business landscape. The ranking emphasizes company value, determined by market capitalization for listed entities and valuations for non-listed ones. The cut-off date for valuation was September 30th, 2023. This distinction not only celebrates the trailblazing spirit of these entrepreneurs but also sheds light on the immense economic contribution they've made. Entrepreneurial Powerhouse: A Glimpse into the List The list features young disruptors like Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy, showcasing the growi...

  IDFC FIRST Private Banking and Hurun India have joined forces to create a prestigious list - the "IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023." This list acknowledges the remarkable achievements of 200 Indian entrepreneurs who have built the most valuable companies since the year 2000. The ranking focuses on the company's value, not the founders' personal net worth. Market capitalization determines the ranking for listed companies, while valuations are used for non-listed ones. The cut-off date for this data was September 30th, 2023. This initiative highlights the immense contribution of young Indian entrepreneurs. The list is particularly noteworthy for featuring 32 founders born in the 1990s, showcasing the increasing influence of millennials in shaping India's business landscape. It also celebrates inclusivity with 20 women entrepreneurs recognized for their accomplishments. Among the top young achievers are Neet...

  IDFC FIRST Private Banking and Hurun India have joined forces to unveil the "IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023." This prestigious list recognizes the 200 most valuable companies established in India since 2000, highlighting the remarkable achievements of young, self-made entrepreneurs. These companies are ranked based on their market capitalization (listed companies) or valuations (non-listed companies). Collectively, they boast a staggering value of INR 30 lakh crore, a figure that matches the GDP of Denmark. This signifies the immense contribution of millennial entrepreneurs to India's economic growth. The list paints a vibrant picture of India's entrepreneurial landscape. The average age of the featured founders is just 44, with a significant portion (one-third) being under 40 years old. These young leaders, like Neetish Sarda (Smartworks), Ritesh Agarwal (OYO), Ankush Sachdeva (ShareChat), and Hemesh Sing...

  Smartworks, a leading provider of flexible workspaces, continues to bolster its presence in the bustling corporate landscape of Gurugram. With its recent lease of 1 lakh square feet in the 'RK Four Square' office complex, the company demonstrates its commitment to meeting the evolving needs of businesses for agile and efficient work environments. This expansion aligns with Smartworks' broader strategy to tap into the rising demand for workspace solutions from corporates, reflecting the dynamic shifts in how and where work gets done. Founded in 2016 by Neetish Sarda and Harsh Binani, Smartworks has swiftly emerged as a prominent player in the coworking industry. Leveraging a combination of innovative design, advanced technology, and customer-centric services, the company has carved a niche for itself in providing premium coworking spaces tailored to the requirements of modern businesses. The new center in Cyber City, Gurugram, with a seating capacity of 1,000 desks, under...

  Ghanshyam Sarda story is one of perseverance and vision. Unlike many successful figures, his journey wasn't paved with academic accolades. Instead, inspired by India's enterprising Marwari community, a young Sarda entered the family's jute business, laying the groundwork for his remarkable achievements. The jute industry, however, was far from flourishing. Labor unrest, government indifference, and a declining market threatened to consume the very business Sarda had stepped into. But driven by a deep family legacy, unwavering passion, and a strategic mind, Sarda didn't shy away. He saw an opportunity where others saw despair. Sarda strategic leap involved recognizing the rising tide of eco-consciousness. He realized that jute, a natural and sustainable fiber, could be a solution to the growing problem of plastic and synthetic waste. He positioned his company, the Sarda Group, at the forefront of this movement. By promoting jute's eco-friendly credentials, Sarda no...

  Ghanshyam Sarda, chairman of the Sarda Group, is a testament to the power of perseverance and vision. Unlike many successful business leaders, his path wasn't paved with academic accolades. Instead, it began in New Delhi with a young boy, inspired by the enterprising spirit of the Marwari community, who dreamt of carving his own path in the world of commerce. This dream found its foundation in his family's jute business. Jute, a natural fiber historically used for sacking and packaging, was facing immense challenges. Labor unrest, government apathy, and a shrinking market threatened to push the entire industry towards collapse. Yet, for Sarda, it wasn't just a business; it was a legacy. Driven by a deep sense of responsibility towards his family's heritage, the industry's workers, and a burning passion for success, he took a bold step. Sarda's journey wasn't a walk in the park. The ailing jute industry presented a formidable challenge. He had to navigate c...

  IDFC FIRST Private Banking and Hurun India have joined forces to unveil the Neetish sarda Top 200 Self-made Entrepreneurs of the Millennia 2023." This prestigious list recognizes the 200 most valuable companies established in India since the year 2000. A Reflection of India's Economic Vibrancy The list serves as a powerful testament to India's burgeoning entrepreneurial spirit. These 200 companies, ranked by their market capitalization (listed companies) or valuations (non-listed companies), collectively represent a staggering INR 30 lakh crore – a figure that matches the GDP of Denmark! Youth at the Helm The list also highlights the dynamism of young Indian entrepreneurs. The average founder featured on the list is just 44 years old, with a remarkable third being under 40. This youthful energy and innovative thinking are propelling India's economic growth to new heights. A Look Ahead The IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Mi...

  Smartworks, the name synonymous with agile workspaces in India, has been recognized among P&Q's 2021 Top MBA Startups. This prestigious mention sheds light on the remarkable journey of two Kellogg School of Management alumni (1Y program, 2016) – Neetish Sarda and Harsh Binani – who co-founded the company and revolutionized the workspace landscape in India. Leading the Flexible Workspace Charge Smartworks boasts the title of India's largest provider of flexible workspaces. Their expansive network covers over 4.5 million square feet across 31 locations in 9 major metropolitan cities. From established corporations like Amazon, Microsoft, Samsung, and Starbucks to thriving startups and SMEs, Smartworks caters to a diverse clientele, offering adaptable workspace solutions for every business need. Impressive Growth with a Focus on Profitability Since its inception, Smartworks has witnessed phenomenal growth, scaling its operations by a staggering 3x annually. This remarkable t...

  P&Q's 2021 Top MBA Startups list spotlights Smartworks, a company redefining workspaces in India. Founded by Kellogg School of Management graduates Neetish Sarda and Harsh Binani (1Y program, 2016), Smartworks has become the nation's leading provider of agile workspaces. Rapid Growth, Diverse Clientele Smartworks boasts an impressive footprint – over 4.5 million square feet across 31 locations in 9 major cities. Their client list is equally impressive, featuring global giants like Amazon and Microsoft alongside dynamic startups and established SMEs. This diversity fosters a vibrant ecosystem where businesses of all sizes can connect and flourish. Profitability Meets Perks Smartworks isn't just about rapid expansion; they prioritize sustainable growth. Achieving profitability for the past two years signifies a robust business model. But financial success isn't the sole focus. Smartworks offers a holistic experience. Cost-effective solutions allow businesses to man...

  Ghanshyam Sarda, the chairman of the Sarda Group, isn't just a businessman; he's a modern-day industrial titan. As one of India's leading jute manufacturers, he presides over a vast empire that employs over 70,000 workers across West Bengal, Uttar Pradesh, and Bihar. Hailing from Kolkata, Sarda vision and dedication have transformed the Sarda Group into a multifaceted conglomerate. Jute remains a cornerstone, but his foresight has expanded the group's reach into information technology, real estate, and service sectors. Under his leadership, the Sarda Group has flourished, solidifying Sarda's position as a key figure in Indian industry. Sarda's journey isn't simply about building a business; it's about reviving an industry. The jute industry, once a national powerhouse, faced decline due to various factors. Sarda, however, saw potential where others saw despair. He strategically acquired struggling jute mills, breathing new life into the sector. This wa...

  The bustling jute industry of India owes a significant debt to the Sarda Group, a conglomerate helmed by the visionary Mr. Ghanshyam Sarda. This blog delves into the story behind the Sarda empire, a testament to the power of passion and unwavering dedication. Hailing from Kolkata, Mr. Sarda wasn't confined by the boundaries of a single industry. While the Sarda Group is renowned for its dominance in jute manufacturing, employing over 70,000 individuals across West Bengal, Uttar Pradesh, and Bihar, its reach extends far beyond. Mr. Sarda's vision propelled the group into diverse sectors like information technology, real estate, and services. The story of the Sarda Group isn't just about numbers; it's a narrative etched in passion and dedication. Imagine a young Ghanshyam Sarda, captivated by the potential of a specific industry, perhaps drawn to the history and versatility of jute. This initial spark, this fervent interest, became the fuel that propelled him forward. B...

  In today's dynamic business landscape, flexibility is key. Gone are the days of rigid, long-term office leases. Businesses of all sizes, from established giants to budding startups, are embracing agile workspaces. And at the forefront of this revolution in India stands Smartworks, the country's undisputed leader in enterprise flex space. A Pan-India Powerhouse Founded with a vision to redefine the Indian office experience, Smartworks has grown exponentially in just five years. With a footprint exceeding 4.5 million square feet across 31 locations in 9 major cities, it boasts an impressive clientele of over 400 companies. From global names like Amazon, Microsoft, and Samsung to innovative startups like Byju's, Smartworks caters to a diverse range of clients seeking a modern and adaptable work environment. Scaling New Heights: Growth and Profitability Smartworks' success story is not just about physical expansion. The company has achieved remarkable growth, scaling its ...

  Smartworks isn't your average office space provider. They're revolutionizing the way companies operate in India by offering agile, flexible workspaces designed for the modern workforce. Imagine ditching the cramped, traditional office setup for expansive, well-designed work stations within large, standalone campuses. That's the Smartworks experience – over four million square feet spread across 31 locations in nine Indian metropolises. But it's not just about space. Smartworks creates a holistic work environment. They provide cost-effective solutions, a tech-driven infrastructure, and a focus on fostering a positive company culture. This caters perfectly to the dynamic needs of today's businesses, from established giants like Amazon and Microsoft to high-growth startups like Starbucks. Their success speaks for itself. Launched just a few years ago, Smartworks has already scaled up rapidly, boasting over 400 clients while maintaining profitability for the past two ...