Amit Banerji, the founder and CEO of Indian flex workspace provider Table Space passed away on Monday due to a cardiac arrest. He founded Table Space in 2017 after a successful career at Accenture, where he spearheaded the firm’s corporate real estate segment.

Ramesh Nair shares warm words about Amit and his impact. Our thoughts and wishes to his loved one and team as they grieve this tragic loss.

Indian managed workspace provider Table Space is planning an IPO in 2025, targeting a valuation of $2.5 billion. The company, founded in 2017, operates over 60 locations and serves major corporate clients like Google and Apple. With strong demand for flexible office spaces in India, Table Space aims to double its real estate footprint within three years, despite challenges in the global coworking market. The company’s IPO follows the successful public debut of Awfis, another Indian workspace provider

The coworking market in India is one of the fastest growing in the world due to the continuation of offshoring by multinationals, though these spaces tend to be more oriented towards call centers (or GCCs) and open desk set ups, as opposed to the suites and meeting rooms popular across EMEA or North America.