WeWork India Appoints Janak Malkani to Drive Expansion in Managed Office Business

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WeWork India Appoints Janak Malkani to Drive Expansion in Managed Office Business
WeWork India Appoints Janak Malkani to Drive Expansion in Managed Office Business
WeWork India, the leading flexible workspace provider in the country, today announced the appointment of Janak Malkani as the Head of Managed Office for India, in addition to which he will also be leading Sales for the West region. His deep understanding of the market, coupled with his strategic vision and extensive experience, will be instrumental in driving WeWork India’s Managed Office offerings to newer heights.
Janak brings an impressive 18-year track record in Indian Real Estate, most recently as Executive Director, of CBRE’s Advisory & Transaction Services in Mumbai. His prior experience includes notable roles with Cushman & Wakefield, Knight Frank, and Indiaproperties.com amongst other key companies. In the past, his expertise has been sought by major corporations including American multinationals. Janak has played a key role in shaping the India expansion plans of international retailers like Walmart and DeBeers. His client portfolio is a testament to his ability to build trust and deliver results.
Commenting on the new appointment, Karan Virwani, CEO, WeWork India said, “We are thrilled to welcome Janak to our team. As we work towards building a full-stack solution platform at WeWork India, our Managed Office vertical is gaining momentum and it offers businesses a comprehensive approach to office space management. With Janak’s extensive experience and proven track record, we are poised to lead the industry in delivering innovative and efficient workspace solutions. We are excited to see his role in driving growth in our Managed Office business, which will drive the next phase of the future of work.”
The flexible workspace market has grown by approximately 20% year-over-year over the last three years, with 60% of this growth driven by large enterprises and traditional businesses. This rise is due to businesses and large enterprises increasingly seeking all-round office space management, which would allow them to focus on their core product. Currently, over one-third of WeWork India’s business is driven by the Managed Office portfolio, encompassing over 2 million square feet and serving enterprise members such as AstraZeneca and Kantar, among others. Janak’s appointment comes at a time when WeWork India reinforces its commitment towards enabling end-to-end flexible workspace solutions to businesses of all sizes.
“WeWork India is the pioneer in the flexible workspace industry, and I am excited to join them as the Head of Managed Office for India,” said Janak Malkani, Head of Managed Office, WeWork India. “WeWork India’s innovative and comprehensive workspace solutions are unparalleled in the market, with immense demand coming in for their Managed Office offering across markets. I am eager to lead the efforts in setting new standards for the industry and make WeWork India the leader in the Managed Office offerings segment in the country. Together, we will create dynamic work environments that not only meet but exceed the evolving needs of businesses across India.” he added.
This appointment marks another step towards strengthening the company’s leadership and propelling its growth journey. WeWork India recently entered Chennai and opened its 55th building. The ongoing expansion across cities further underscores its reliability as a brand, and commitment towards building robust relationships with key stakeholders such as landlords, IPCs, and members. With solutions for all kinds of businesses – solopreneurs to startups to Fortune 500 companies – WeWork India is at the forefront of the flexible workspace industry