Table Space Revenue, Valuation, Funding & Investors

Table Space is valued at $550M as of November 2022, a 6.6x revenue multiple. Table Space revenue was $83M, as disclosed with its latest round.

Last Table Space valuation

$550M

Undisclosed stage · Nov 2022

Last Table Space funding round

$300M

Undisclosed stage · Nov 2022

Table Space revenue

$83M

Undisclosed stage · Nov 2022

Key investors in Table Space

  • Hillhouse Investment

Table Space Overview

About Table Space

Table Space is India's leading managed workspace provider, operating over 60 centers across seven cities including Bengaluru, Mumbai, and Hyderabad. It delivers customizable Grade A offices totaling more than 9.5 million square feet using an asset-light model, with setups completed in 90 days for enterprises and startups.


Founded

2017

HQ

IndiaBangalore

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$83M (Nov 2022)

Valuation

$550M (Nov 2022)

Table Space Valuation

Table Space is currently valued at $550M, based on its undisclosed-stage round in November 2022. Read the announcement ↗

The $300M round was led by Hillhouse Investment.

Table Space valuation by funding round

Table Space valuation by funding round
DateStageValuationRevenue Multiple
Nov 2022Undisclosed stage$550M6.6x

Table Space Revenue

Table Space's latest recorded revenue is $83M, as of its undisclosed-stage round in November 2022. At a $550M valuation, that implies a 6.6x revenue multiple.

Table Space revenue by funding round

Table Space revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2022$83M$550M6.6xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Table Space Funding History

Table Space has raised a total of $300M across 1 funding round.

Table Space funding rounds

Table Space funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2022Undisclosed stageHillhouse Investment (lead)$300M$550MTable Space is an Indian managed workspace provider founded in 2017 that leases large office spaces and transforms them into fully serviced, tech-enabled campuses for corporate clients. The company operates more than 60 centers across six major Indian cities, serving Fortune 500 companies including Apple, Google, Mastercard, PayPal, AMD, Ericsson, and Shell, with a real estate portfolio of over 9.5 million square feet. On November 28, 2022, Table Space closed a $300 million private equity funding round from Hillhouse Capital (also referred to as Hillhouse Investment) at a post-money valuation of $550 million. The capital was intended to support the company's expansion strategy to nearly double its real estate footprint within three years through approximately $535 million in investments. According to co-founder and president Kunal Mehra, the company expected annual revenue to reach nearly $600 million by March 2027. Table Space has been planning an IPO targeting a valuation of $2.5 billion or more, with Axis Capital hired as bookrunner for the offering planned for 2025–2026.

Who has invested in Table Space?

1 investor has backed Table Space across its funding rounds, including Hillhouse Investment.

Lead investors include Hillhouse Investment.


Table Space Investors

Investors in Table Space by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Table Space

Table Space has acquired 1 company to date.

Last acquisition by Table Space was on September 18th 2026. Table Space acquired KMC Solutions for undisclosed valuation.


Latest Acquisitions by Table Space

KMC Solutions
Description
KMC Solutions is a certified supplier of flexible office space and staff leasing services in the Philippines, operating the largest network of serviced offices and coworking locations in key cities.
HQ CountryPhilippines
HQ City
Manila
Deal Date18 Sep 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Table Space Competitors

Table Space competitors include listed companies like Wework India Management, EFC (I) and Shoucheng Holdings, and private ones like HqO, Mindspace and SILA Group.

Public and private companies comparable to Table Space
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Wework India ManagementIndiaIndiaPublicly listed$257M$167M$951M4.9x
HqOUnited StatesBoston, MAPrivate--$300M-
EFC (I)IndiaIndiaPublicly listed$109M$45M$272M3.1x
MindspaceIsraelTel AvivPrivate--$250M-
SILA GroupIndiaMumbaiPrivate$190M-$250M1.3x
Shoucheng HoldingsChinaChinaPublicly listed$183M$79M$1.2B5.0x

Table Space Public Comps

Table Space is still privately-owned, but its public comps include SIS, Shanghai Golden Union, Real Brokerage, Gavia, Smartworks Coworking, Al Rajhi REIT, Stor-Age Property REIT, Vinte, G City and Quess Corp.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SIS$1.7B$49M0.4x0.3x12.6x7.5x
Shanghai Golden Union$142M$65M6.8x-14.9x-
Real Brokerage$2B($6M)0.2x0.2x(66.6x)4.7x
Gavia$93M$93M7.4x-7.5x-
Smartworks Coworking$189M$122M6.2x5.3x9.6x18.4x
Al Rajhi REIT$62M$52M13.0x-15.5x-
Stor-Age Property REIT$87M$85M8.6x8.8x8.8x13.2x
Vinte$838M$124M1.1x1.0x7.6x5.7x

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Common questions about Table Space

When was Table Space founded?Table Space was founded in 2017.
Where is Table Space headquartered?Table Space is headquartered in Bangalore, India.
Is Table Space publicly listed?No, Table Space is a private, VC-backed company.
What is Table Space's valuation?Table Space was last valued at $550M in its undisclosed-stage round in November 2022.
How much funding has Table Space raised?Table Space has raised $300M across 1 funding round.
What was Table Space's last funding round?Table Space's last funding round was a $300M undisclosed-stage round in November 2022, led by Hillhouse Investment.
Who are Table Space's investors?Table Space's investors include Hillhouse Investment.
What is Table Space's revenue?Table Space's latest recorded revenue is $83M (November 2022).
What is Table Space's revenue multiple?Table Space's latest valuation implies a 6.6x revenue multiple ($550M valuation on $83M of revenue).
Which companies are comparable to Table Space?Companies comparable to Table Space include Wework India Management, HqO, EFC (I), Mindspace, SILA Group and Shoucheng Holdings.
How many companies has Table Space acquired?Table Space has acquired 1 company, including KMC Solutions.

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