Indian coworking operator BHIVE Workspace is considering an IPO in 2025

Indian coworking operator BHIVE Workspace is considering an IPO, for an equivalent of € 60 Mio valued transaction, in 2025.

Established in 2014, BHive operates 26 locations, spanning across almost 170.000 m2 in India. BHIVE Premium HSR Campus, boasts of being the largest coworking campus in India with over 8000 seats. According to the operator, BTM Layout, Garuda BHIVE Workspace, is one of the largest standalone coworking spaces in the country, with a 5000+ seating capacity.

BHive intend to increase the number of operated seats by 40% yearly. The company expects annual revenues to grow to 70 Mio € within the coming three years.

BHive is a profitable company supported by the private equity firm Blume Ventures.