Coworking space providers rely heavily on GCCs, AI, and fintech companies to achieve their revenue goals, according to Enzyme CEO.

In the dynamic world of commercial real estate, India's flexible workspace segment is making waves, emerging as a significant contributor to the market. This trend is particularly noticeable in the tech hubs of Bengaluru and Hyderabad, which together account for nearly half of the conventional office space uptake in the first half of 2025.

This surge in demand is largely driven by technology companies, which constitute almost half of the total demand in the flexible workspace segment. Notably, global players are increasingly opting for flexible providers like Enzyme Offices, as it offers them the agility to test the waters and scale up quickly if needed.

Enzyme Offices, a leading flexible and managed workspace provider, is reaping the benefits of this trend. The company has already achieved 60% of its FY26 revenue target within the first five months of the financial year, thanks to strong demand from Global Capability Centres (GCCs) and leading Indian startups. Enzyme aims to double its revenue in FY26 and achieve Rs 200 crore Annual Recurring Revenue (ARR) by FY27.

The flex space segment has been particularly attractive to firms in the AI and fintech industries. Companies like IBEX Limited, which integrates AI in its Wave iX platform, and Ant International’s Bettr unit, known for AI-driven embedded financing solutions, are making significant contributions to the revenues of flex space companies. However, specific major Indian AI fintechs driving the flex-space market over the last months are not explicitly detailed in the search results.

The growth momentum of AI-driven firms and fintech companies in India's flexible workspace market is undeniable. This trend is expected to continue, fueled by the increasing demand from GCCs and the ongoing digital transformation of businesses.

Occupiers in the technology sector are also driving the uptake of Grade A space, both in conventional and flexible spaces, across India's top seven cities. This trend is reflective of the tech-centric nature of the Indian economy and the growing preference for high-quality work environments among tech firms.

In conclusion, the flexible workspace market in India is on an upward trajectory, with tech and AI-driven firms leading the charge. As India continues to attract global tech companies and startups, the demand for flexible workspaces is expected to grow further, offering opportunities for providers like Enzyme Offices to expand and thrive.