Indian coworking group Smartworks raises US$ 12 Mio to fund further expansion plans.

Smartworks operates 750.000 m2 of flexible office across 40 spaces located in 14 major Indian cities. The company hosts more than 600 organisations within its walls.

In total, 45 investors took part in te funding round led by Private Equity fund Ananta Capital.

The coworking operator had raised US$ 25 Mio in 2019.