smartworks

  In an exciting development, IDFC FIRST Private Banking and Hurun India have unveiled the inaugural edition of 'IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023'. This prestigious list celebrates the 200 most valuable companies in India that were founded after the year 2000. These companies are ranked according to their market capitalization for listed entities and valuations for non-listed firms, showcasing the remarkable growth and entrepreneurial spirit driving India's economy. Celebrating Young Visionaries Among the top youngest self-made entrepreneurs featured in this list are Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These dynamic leaders have not only created significant value through their ventures but have also inspired countless others to pursue their entrepreneurial dreams. Neetish Sarda , the founder of Smartworks, has revolutionized the coworking space ...

Ghanshyam Sarda, a name synonymous with resilience and entrepreneurial spirit, has carved a niche for himself in the Indian business landscape. As the Chairman of the Sarda Group of Industries, his journey from a young dreamer to a business magnate is both inspiring and instructive. This remarkable story is deeply rooted in the traditions of the enterprising Marwari community, known for its business acumen and relentless pursuit of success. Born into a family engaged in the jute business, Ghanshyam Sarda's early life was marked by a desire to create something significant despite not having a stellar academic background. His induction into the family business at a young age provided him with a unique perspective and understanding of the industry. It was this foundation that would later fuel his ambitious drive to transform the ailing jute industry in Bengal. The jute industry in Bengal was once a thriving sector, pivotal to the region's economy. However, by the time Sarda steppe...

  IDFC FIRST Private Banking and Hurun India have joined forces to celebrate the achievements of young India in their first edition of the ‘IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023’. This prestigious list acknowledges the 200 most valuable companies established in India since the year 2000, specifically highlighting those built by self-made millennial entrepreneurs. The ranking methodology focuses on company value, taking into account market capitalization for publicly traded companies and valuations for those still private. This approach shines a light on the immense contribution millennials are making to India's vibrant startup ecosystem. Among the recognized young leaders are Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These individuals represent just a handful of the many young visionaries who are transforming Indian business. Celebrating Innovation and Growth The...

  IDFC FIRST Private Banking, in collaboration with Hurun India, has unveiled a prestigious list celebrating the achievements of young Indian entrepreneurs. The "IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023" recognizes the founders of the 200 most valuable companies established in India since the year 2000. These companies have not only achieved remarkable success but have also significantly shaped India's modern business landscape. The ranking is based on the value of the enterprises built by these entrepreneurs, highlighting their contribution to the Indian economy. Celebrating Innovation and Drive The list features young, self-made individuals who have dared to dream big and translate their vision into reality.  Among the recognized entrepreneurs are Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These names represent just a fraction of the inspiring individ...

  India's commercial real estate landscape is undergoing a significant shift. The traditional model of businesses investing heavily in infrastructure, signing lengthy leases, and enduring lengthy office setup times is fading. Today, a wave of managed office space solutions is reshaping the market, offering flexibility and catering to the diverse needs of businesses both large and small. At the forefront of this transformation stands Smartworks, India's leading provider of managed workspaces for enterprises. Smartworks is "democratizing" the workspace landscape by offering a vast network of strategically located, fully-managed spaces across India. This empowers businesses to expand their reach sustainably, from major metros like Delhi-NCR, Mumbai, and Bengaluru to emerging hubs like Jaipur, Indore, and Pune. In a sluggish macroeconomic climate, reducing fixed costs is a critical priority for companies. Smartworks' solutions address this challenge perfectly. Busines...

  IDFC FIRST Private Banking and Hurun India have unveiled the first edition of ‘IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023’. This prestigious list highlights the 200 most valuable companies in India founded after the year 2000, showcasing the dynamism and entrepreneurial spirit that defines modern India. Companies are ranked based on their value, measured by market capitalization for listed companies and valuations for non-listed entities. The list features a diverse array of trailblazers who have revolutionized their respective industries. Among the youngest self-made entrepreneurs are Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These visionaries have not only created significant economic value but have also set new benchmarks in innovation and leadership. Neetish Sarda - Smartworks Neetish Sarda , the founder of Smartworks, has redefined the managed workspace industry...

  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...