Urban Vault, a managed workspace provider, has expanded its enterprise portfolio by securing leases for 21,000 sq. ft. of office space in Bengaluru with three major Japanese firms—Nachi, Pioneer, and Komatsu.
With these additions, Urban Vault now provides workspace solutions to over 50 Global Capability Centres (GCCs) in key Indian cities, including Bengaluru, Pune, and Gurugram. The company's hybrid workspace model, which optimises capital expenditure (CapEx) and operational expenditure (OpEx), offers greater operational flexibility and reduces occupancy costs for businesses. "The trust placed in Urban Vault by global giants like Nachi, Pioneer, and Komatsu reinforces our commitment to delivering world-class workspace solutions," said Amal Mishra, co-founder of Urban Vault.
The company now manages over 2.8 million sq. ft. of office space, with a turnover of Rs 120 crore in 2024-25. Since its launch in 2018, Urban Vault has grown from 40 seats to more than 70,000 seats across its network.