Rising Demand Fuels Hanto Workspaces' Revenue Surge

Hanto Workspaces anticipates a 40% revenue boost to Rs 30 crore this fiscal year. The increase is driven by high demand for managed office spaces in Bengaluru. The company plans to expand, raise funds, and explore other cities, following a previous Rs 15 crore raise.

Hanto Workspaces is projected to achieve a 40% revenue increase this fiscal year, reaching Rs 30 crore, amidst rising demand for its flexible managed office spaces, as stated by Founder Aashit Verma.

Operating 15 facilities across Bengaluru, the company accommodates up to 6,000 seats and has diversified its portfolio to enhance occupancy rates, contributing to the projected revenue surge.

Eyeing further growth, Hanto Workspaces plans to expand into other major cities, supported by potential fundraising efforts, building on a previous Rs 15 crore seed funding.

(With inputs from agencies.)