315Work Avenue has leased 400 seats to Jupiter, a digital banking platform. The workspace is located at HSR Layout, a business hub in south-eastern Bengaluru experiencing sharp commercial growth and home to several hi-tech companies. This workspace features state-of-art infrastructure and offers customized solutions to clients’ requirements.
315Work Avenue, known for its technology-driven hubs, customised workflow, and productive work ambiance, manages about 30,000 seats across multiple prime locations in Bengaluru, Mumbai, and Pune. The company plans to double its portfolio from the current 1.5 mn sq ft to about 3 mn sq ft by the end of this financial year.
Manas Mehrotra, Founder, 315Work Avenue said: “We are excited to partner with Jupiter and the pact clearly indicates the robust growth that we are experiencing in recent times. The freedom to scale up and scale down the cost advantage reduced capital expenditure and the need to diversify risk has made flexible workspaces an easy choice for large-scale enterprises. With flexible spaces becoming mainstream, coworking companies have become the preferred mode over conventional office space for the new generation workforce. Companies today are also increasingly seeking solutions that enhance agility and productivity and we are geared up to offer the same. We anticipate a long-term relationship with Jupiter and we are also looking to broad base our clients in the banking and fin-tech sector by offering custom-crafted solutions.”