The PropTech Stories: Awfis Sets An Example

29 June 2019

The PropTech Stories: Awfis Sets An Example

  • Realty NXT

With the co-working industry flourishing at a burgeoning rate, Amit Ramani of Awfis shares how this co-working firm has managed to soar new heights of success amidst tough competition

Awfis that is India’s largest co-working space provider has a nation-wide network of 55 centres with a presence across 8 Indian cities. Awfis is the brainchild of Amit Ramani who launched this co-working space in April 2015. Much more than co-working and the first to introduce the concept of Pro-working, Awfis has been providing inspirational workspace solutions to Small, Medium, Individual and Local Entrepreneurs.

With a keen focus on improving the productivity of employees with smart utilisation of spaces and integration of novel ideas, fostering an environment of knowledge sharing and cross-pollination of ideas remains as the core aim of Awfis.

RealtyNXT under its series, Proptech Stories, had an exclusive interview with Ramani who is the Founder of Awfis. The co-working space recently launched its largest centre in Bengaluru. Ramani spoke on how this centre is different from its other centres spread across Bengaluru.

Awfis also witnessed a three-fold jump in revenue from Rs 56 crore to Rs 158 crore in 2018-19. Ramani shared valuable insights on how they manage to maintain constant success in spite of new players entering the market with new offerings. The founder also shared some interesting bits of information on what makes them stand apart from their competitors.

Ramani gave insights into the wide range of clients that Awfis caters to and explained how technology plays a vital role in today’s world. Awfis has collaborated with What3Words to extend the numerous benefits of technology to clients, thus proving how technology is an inseparable part of this co-working firm.

Awfis also has come up with AES (Awfis Enterprise Solutions) to target mid and large sized corporates. He explained the intent behind the launch of AES and how it will prove beneficial to its clients.

Please visit the below link to read the published article:
https://realtynxt.com/2019/06/29/the-proptech-stories-https://www.awfis.com/inspiration/wp-content/uploads/2016/06/shutterstock_3835072871.jpg-sets-an-example/

Awfis Has Launched Its Latest Innovative Offering ‘Awfis@Home’

22 February 2021

Awfis Has Launched Its Latest Innovative Offering ‘Awfis@Home’

  • Posted by Arathy Nair

Awfis, India’s largest home-grown coworking space provider has launched its latest innovative offering, ‘Awfis@Home’, further diversifying its work product portfolio.

In the current forced lockdown where working from home is more of a necessity than an option, individuals and organizations need to be quick to adapt to the challenges of a new style of working. Work From Home (WFH) became an overnight sensation and is here to stay as organizations have started looking at it as a viable option for long-term business continuity and enabling employee choice. WFH will bring about cost efficiency for organizations while providing greater flexibility for employees.  The need for a solution that can assess organisational readiness and provide adequate infrastructure for employee to work from home led to the development of Awfis@Home.

Awfis@Home is an integrated platform enabling distributed work experience through its 3-pronged approach – The a@h Assessment Tool, The a@h Toolkit & The a@h Tech-enablement. This product provides the flexibility to efficiently work from the comfort of one’s home while replicating the setting of a productive office work environment.

Based on the key success factors of a successful work from home framework, the a@h Assessment Tool identifies the challenges and opportunities of work from home for employees, managers and organizations, helping them evaluate their level of readiness. This tool gauges employees’ on various parameters to find the need gap at an individual and organizational level. This is followed by a comprehensive and customised assessment report that provides critical insights for decision making around what percentage of employees, their respective needs and specifically which roles will be best suited for work from home.

Specifically designed to promote productivity, connectivity and convenience, the a@h toolkit works on a monthly subscription model starting at INR 2500, offering higher cost savings and flexibility with zero capex. The integrated toolkit provides the users with smart solutions that are focused on enhancing the physical infrastructure for working from home through smart & ergonomic furniture along with tech solutions like high speed broadband connection, data security, IT solutions & collaboration tools.

Additionally, to make remote working seamless, Awfis also provides the a@h tech enablement which is an integrated tech platform that will support companies in effortlessly connecting teams and building efficiencies. The App consists of a geo-tagged attendance management system, a real-time feedback mechanism and a touch-free smart scan for access to any Awfis centre or for booking a meeting room on just-in-time basis. The complete Awfis@Home solution integrates all aspects of Work From Home to make employees productive by replicating at home all aspects of the typical office workspace.

The Awfis@Home solution leverages the vast network of the Awfis centres to bring with it the perks & privileges of being a member of the Awfis coworking community.  This includes access to the vast network of Awfis centres, complimentary meeting room credits, day pass, printing, scanning and delivery services at the nearest Awfis centre along with exclusive entry to Awfis events, held virtually or as per social distancing norms.

Speaking at the launch Mr. Amit Ramani, CEO and Founder, Awfis said, “The current situation has given way to a new style of working – Work from Home. Organizations and individuals are trying their best to adjust to this new normal and need of the hour is a solution that would help them maintain and build the productivity and efficiency of the physical workplace right in the safety and comfort of their homes. Awfis@Home is a revolutionary solution that enables the flexibility of remote working coupled with the productivity of the office space. Offerings ranging from smart furniture to seamless connectivity and an integrated tech enablement platform, Awfis@Home offers comprehensive solutions to all its users.”

This story appeared in the 20 May , 2020 issue of Realty NXT  was originally published at : Awfis Has Launched Its Latest Innovative Offering ‘Awfis@Home’ (realtynxt.com)

Coworking – Transforming Indian Workplaces

20 February 2021

Coworking – Transforming Indian Workplaces

  • Posted by Arathy Nair

The segment will grow further and witness robust demand drivers and a strong supply momentum fueled by the aggressive expansion of many coworking players. 

2019 witnessed coworking spaces accounting for almost 13% of the total office space segment from a smaller 5% in 2017. The need to cater to the workspace preferences of emerging millennial workforce, constantly introducing innovative workplace practices, collaborative technologies, flexibility and ease of operations has made coworking the first choice for many start-ups, mid-sized companies and even the Fortune 500 corporates.

Coworking spaces revolutionizing commercial real estate 

Shared working spaces are set on the ideals of the professional who is not only looking for a place to plug his laptop but ensures that he is optimizing his work with round-the-clock amenities minus the copious lease amount. In here, the millennial worker can choose quality over quantity and work in a collaborative environment rather than as a lone wolf.  This relatability often brings in more traction, which is precisely why there is a chance that occupancy levels might intensify to 8 to 9 million sq. ft. by 2020.

Today, India is one of the biggest flexible space markets in APAC and will continue to grow into the Tier -2 cities such as Goa, Chandigarh, Lucknow and Jaipur as well. Coworking spaces are not only gaining strong foothold across the country but have become the go-to option for many employees as well as employers.

Coworking players are entering into different business models to partner with landlords to maximize profits and minimize risk.  Coworking has garnered positive attention from large investors that is wielding a positive influence on the scaling up strategy, technological augmentations, upgradation of facilities & amenities as well as reaching out to more enterprise clients thereby emerging as a critical element of any corporate’s real estate strategy. In fact, from 0.2 million sq. feet in 2014, the market is poised to experience a lease surge up to 10 million sq. ft. in 2020. This is expected to grow three times over the next 3-5 years where the coworking industry will play an integral role in the growth of the commercial real estate leasing activity.

According to JLL’s report on Emerging Trends in India’s office sector, 1.1 million sq. ft. to 3.4 million sq. ft. has been taken up by coworking spaces in seven major cities over a period of one year. Moreover, the number is expected to grow drastically in few years. Customization, collaboration, flexibility and Grade A amenities at affordable prices are few aspects that make coworking the fastest growing segment in commercial real estate and will continue to be the game changer for CRE business in India.

This story appeared in the 17 March , 2020 issue of Realty NXT and is authored by Amit Ramani, Founder and CE0, Awfis. This article was originally published at : Coworking – Transforming Indian Workplaces | RealtyNXT