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Yashashvi BMDU

Office Spaces

Smartworks, the leader in the flexible workspace industry, is moving ahead with a diversified business model that goes beyond traditional IT and IT-enabled services. According to reports, non-IT and ITES sectors now constitute 54% of Smartworks' business. This has been a strategic shift towards diversifying into more industries. It's not a reaction to market demand, but a proactive step to increase resilience and growth in the face of an economic environment that is constantly changing.

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Ghanshyam Sarda believes that India needs to address three central "pillars of change" to emerge as a global power in the near future. These are skill development and employment for the future workforce, rural India's socio-economic inclusion, and a healthy and sustainable future. To tackle the challenge of adequate skill development in the country, he believes that interventions need to come up at national, state and local levels, including public-private partnerships that can be a game-changer to prepare our youth for the future of workforce disruption and innovation. On the other hand, India's rural population has lagged for far too long when it comes to employment and employability.

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Smartworks, a prominent player in the flexible workspace sector, has successfully raised ₹168 crore in a recent funding round led by existing investor Keppel Ltd. This significant investment marks a pivotal moment for the company, as it aims to expand its innovative workspace solutions and enhance its market presence. Neetish Sarda, the founder of Smartworks, has been instrumental in driving the company's vision of creating adaptable and collaborative work environments that cater to the evolving needs of businesses.

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