Company Intelligence Profile
CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED
Clayworks operates premium managed offices and coworking spaces under the brand "Clayworks Spaces" across Bangalore.
CIN: U70200KA2017PTC105809ActiveRegistrar of Companies, KarnatakaConfidence: medium
Last updated 4 August 2026
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AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Partial / conflicting| Registered name | CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED |
|---|---|
| CIN | U70200KA2017PTC105809 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 23 August 2017 |
| ROC | Registrar of Companies, Karnataka (Bangalore) |
| Sector (NIC) | Real estate activities on fee/contract basis (Real Estate and Renting sector) — TheCompanyCheck lists NIC activity "Real estate activities on fee or contract basis" |
| Registered address | No.74, MASS Complex, 15th Cross Road, 3rd Floor, J.P Nagar 3rd Phase, Sarakki Industrial Layout, Bangalore, Karnataka, India – 560078 |
| Authorized capital | ₹4.9–4.91 Crore |
| Paid-up capital | ₹18.8 Lakh |
Business Overview
Confirmed- Clayworks operates premium managed offices and coworking spaces under the brand "Clayworks Spaces" across Bangalore
- Per its official site (clayworks.space): 17+ centres, 17,000+ seats, 8+ Bangalore micromarkets (JP Nagar, Bannerghatta Road, MG Road, Richmond Road, Koramangala, Whitefield, Electronic City, ORR/Bellandur), serving 350+ client brands
- Offerings: managed private offices, coworking/hot desks, enterprise solutions for Global Capability Centres (GCCs), meeting rooms, day passes, virtual offices, event spaces
- Positioning: "Humansense at Work" — wellbeing/design-led flexible workspace
- Registered MCA business activity: real estate activities on fee/contract basis
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Avinash Vankadaru | 08189844 | Additional Director | - |
| Rahul Singh | 02492032 | Director & Shareholder | - |
| Shashidhar Abhijith | 07328695 | Director & Shareholder | - |
Financials
Partial / conflictingStandalone financials:
| FY2024 (year ended 31-Mar-2024) | Revenue ₹23.39 Cr, up 91% YoY. EBITDA +107.85% YoY change, Net Profit change -1433.95% YoY (i.e., swung to/deepened a loss), Borrowings +103.76% YoY, Total Assets +136.58% YoY — TheCompanyCheck/Tofler show only % deltas; absolute EBITDA/PAT/net worth/borrowings figures are paywalled |
|---|---|
| FY2025 (year ended 31-Mar-2025) | Annual revenue ~₹44.1 Cr per Tracxn/aggregated search summary (ynos.in) — directionally consistent with the FY2024 base plus continued high growth |
| Employees | ~32 vs 97 — likely reflect different snapshot dates/methodologies; report both, do not average |
Net worth, exact PAT, EBITDA absolute values: not obtained.
Funding
Partial / conflictingTotal disclosed funding: ~$10M across 3 rounds from investors including Nisus Finance Services and NuVentures:
| Jul 3, 2018 | Venture debt / early round — Nisus Finance Services (~$2.5 Lakh cited by one search summary; treat with caution) |
|---|---|
| Mar 9, 2022 | Series A — lead Nisus Finance Services |
| Dec 11, 2025 | Series A (additional tranche) — 1 investor, amount undisclosed |
Valuation: undisclosed/masked in all sources. DPIIT-recognized startup. This is Tracxn-sourced round-name/date data only; treat amounts as indicative, not confirmed.
Charges/Loans
Confirmed| Open charges | ₹82.79 Cr total — includes Tata Capital Financial Services Limited (₹10 Cr) and other lenders (₹72.79 Cr, lender names not itemized in free view) |
|---|---|
| Latest charge | ₹50 Cr registered 28-Oct-2025, status Open |
| Satisfied/closed charges | ₹34.15 Cr (historical, already released) |
Full lender-wise breakup and instrument details: not obtained (paywalled). Note: "no charges" caveat does not apply here — company clearly carries open secured debt.
Legal
Confirmed- Indian Kanoon: "M/S Clayworks Spaces Technologies Pvt Ltd vs M/S Talentbridge Technologies Pvt. Ltd" — Karnataka High Court at Bengaluru, order dated 19-Jan-2024 (https://indiankanoon.org/doc/181527666/)
- Clayworks (as petitioner) sought appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996, arising from a Leave and License Agreement dated 01-Oct-2019 with an arbitration clause
- Respondent did not contest; court appointed Justice A.N. Venugopala Gowda (Retd., Karnataka HC) as sole arbitrator
- No other litigation located
Competitors
ConfirmedSmartworks
large-scale managed-campus platform, much larger AUM/seat count, pre-IPO/listed-track major player
Awfis Space Solutions
listed (NSE/BSE), pan-India network leader, capital-light model, significantly larger scale
CoWrks
premium coworking, comparable design-led positioning, multi-city presence, larger scale
Innov8
premium flexible offices, 20+ centres pan-India, comparable/slightly larger scale
91springboard
pan-India coworking network, comparable-to-larger scale
WeWork India
global/national brand, much larger scale
Frequently Asked Questions
What does CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED do?
Clayworks operates premium managed offices and coworking spaces under the brand "Clayworks Spaces" across Bangalore.
What is the CIN of CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED?
The Corporate Identification Number (CIN) of CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED is U70200KA2017PTC105809.
Where is CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED registered?
CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED is registered with Registrar of Companies, Karnataka (Bangalore). Registered address: No.74, MASS Complex, 15th Cross Road, 3rd Floor, J.P Nagar 3rd Phase, Sarakki Industrial Layout, Bangalore, Karnataka, India – 560078 (Tofler, TheCompanyCheck).
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