Flipkart looks to pick up 3,000 co-working desks in Bengaluru
Walmart-owned Flipkart is in talks with multiple coworking space providers to pick up over 3,000 desks in Bengaluru, two people aware of the development said, in what will be the ecommerce giant’s first transaction in the flexible office space.
This is a departure from Flipkart’s practice of operating from its own campus. The company’s custom-built corporate campus, spread over 800,000 sqft, is in Bengaluru’s Embassy Tech Village, which is owned by private equity giant Blackstone and realty developer Embassy Group.
“Walmart’s Flipkart is talking to coworking space providers as coworking gives them flexibility to either expand of shrink space at any moment,” said one of the persons cited earlier.