Smartworks invests $25 million for its new venture

Smartworks, an Indian office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and global organizations globally.

The Workplace Management SaaS product will integrate Technology with flexibility, safety, privacy and security while prioritising employee health, well-being and productivity.

It will allow landlords to manage their office assets more efficiently and sustainably. The company has also announced the appointment of Anuj Nangpal as the Chief Executive Officer to head this new venture. He will also serve as Chief Information Officer, Smartworks and will oversee digital transformation for business growth.

Anuj joins Smartworks Technology Services from a $100 million global fund investing in Proptech – JLL Spark and has over two decades of experience in real estate technology, venture capital, corporate strategy, mergers and acquisitions.

"Technology has been at the core of our managed offices since our inception and will now serve as a key enabler towards spearheading our enterprise-focused workspace solutions to the next level of growth. We are excited to step into new business horizons and offer these SaaS platforms to organisations globally to manage all their real estate needs,” said Neetish Sarda, founder, Smartworks.

The company also plans to hire over 100 employees in the next two years. The technology company is currently hiring various experience levels and roles in UI/UX, Full-stack developers, BI, React, DBA and product managers.