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Stylework: Elevating Flex Space Industry and Setting New Industry Benchmarks

By Sparsh Khandelwal 

The office is more than a place of employment in a time when work is taking on new significance, digitisation displaces traditional businesses, and new industries are growing. Workspaces are more vital than ever since most people spend much of their days at work, physically or virtually. This is where Stylework comes in, a flexi coworking space aggregator working effortlessly in the growth of coworking space.

A recent report published by JLL in collaboration with CoWrks reports that the demand for flexible workspaces has increased rapidly. As a result, the flex space is already expanding; by H1 2022, the total flex stock in the top seven cities will have increased to 43.36 million square feet. It has grown by 690% in the last six years. With 2,45,790 seats, Bengaluru is the front-runner and is accountable for almost 36% of the total flex stocks, followed by Delhi-NCR with 1,02,660 seats. The seats are expected to grow by 10,20,000 by 2024-25. In 2024, the coworking industry is poised for steady growth, particularly in Tier 2 and 3 cities. As part of the goal to achieve the milestone, Stylework plans to cover more than 20,000 seats in 2024 with an area of 2M square feet in Tier 1,2, and 3 cities.

Stylework takes pride in its flexible and economical approach to workspace design and its ability to boost productivity in traditional and fast-paced IT industries. Stylework will customise Flexboard in 2024 and make it more advanced so every corporation can use it. It is a unique tech-powered system for B2B customers. It gives workplace memberships like nothing else does and is adaptable for the management and the employees. Stylework made the process of managing membership, workspace, and billing hassle-free. The platform streamlines the process, making it more efficient and easy for administration and staff members. One of the best features of this SaaS platform is that management can track workers’ visits without a hitch. The software also assists employees in simple check-in with a QR-scanning feature. The flexi aggregator also stands at the top of the workation culture, understanding the growing demands of employees.

In 2024, Stylework is looking forward to working with different business entities within the Indian business ecosystem, on top of developing joint ventures with established Indian corporations and multinational corporations. The brand is committed to innovation and excellence, to the field of flexible workspace solutions tailored perfectly for the distinctive needs of these enterprises so they can continue in their growth and success. By creating strategic alliances and a common goal of development, Stylework will be vital in helping to define the future direction of work for these dynamic and successful sectors within Indian business.

Stylework onboarded many big corporates like Kalpataru, L&T, and The Times of India is a significant step toward raising the bar for flexible workspace solutions and creating dynamic work environments throughout India. Kalpataru, L&T, and The Times of India are the leading companies in India’s business scene and are renowned for their dedication to quality, innovation, and sustainability. Stylework’s confidence in its potential customers has grown, and its prestigious brand name has been enhanced by partnering with these well-known organisations.

The flexi space aggregators serve diverse businesses, including big industry players, startups,  and Job Hub partners. Stylework focuses on aiding foreign companies in navigating the Indian business landscape. They also offer end-to-end consulting services that provide crucial support to enterprises. Problem-solving is at the core of the Stylework. They use flexible and innovative approaches to tackle customer challenges effectively. Through strategic partnerships and leveraging strengths, they deliver exceptional solutions. Stylework is not just a choice but a growth partner committed to empowering businesses. They invite others to join the thriving ecosystem of coworking space and showcase the success stories of their diverse clients flourishing in Styleowrk’s collaborative space.

 

(The author is Sparsh Khandelwal, Founder, MD & CEO of Stylework, and the views expressed in this article are his own)