Pune Headquartered Persistent Systems Leases 2000 Seats From Coworking Company Smartworks

IT services company Persistent Systems has rented almost 2000 seats from Smartworks, a supplier of flexible office spaces as per news from the Indian co-working sector.

Persistent Systems has leased these seats for their Mumbai, Bengaluru, and Indore operations. 

As the trend of hybrid working continues to spread, companies have booked more than 100,000 seats at coworking spaces in 2022, which is 18% higher than in 2021 and almost three times the pre-pandemic level.

Without a doubt, the co-working trend will grow further as a big number of young Indians launch their enterprises and create new jobs for a population that is absolutely in love with the Co-working concept.

According to Smartworks cofounder Harsh Binani, the demand for flex spaces has increased significantly, and the occupier's expectations for an office have evolved toward a more homogeneous and immersive experience with amenities.

During the preceding six to eight months, he said, Smartworks' revenue tripled and the number of multi-city collaborations in India increased.

More about Smartworks

Smartworks, a Noida-based company founded in 2016, has reinvented the workplace and changed the office experience for millions of office workers. They are India's leading workspace platform for Enterprises, Unicorns, and high-growth firms, with a footprint of about 7 million square feet across 36+ sites in 11 cities, providing fully serviced, technology-enabled, flexible workplaces to more than 500+ organisations.

About Persistent Systems

Persistent Systems is a global Indian technology services firm that was founded on May 16, 1990. On the Bombay Stock Exchange and the National Stock Exchange, Persistent Systems is listed. In March 2010, the company's shares were listed on the National Stock Exchange of India. They are a trusted Digital Engineering and Enterprise Modernization partner, combining in-depth technical knowledge and industry experience to assist their customers in anticipating change and taking the appropriate measures.