WeWork India Appoints Janak Malkani to Lead Managed Office Expansion

WeWork India has appointed Janak Malkani as the Head of Managed Office for India and Sales Lead for the West region, marking a strategic move to bolster its managed office business. WeWork India, a prominent player in the flexible workspace sector, aims to leverage Malkani's extensive experience and strategic insights to further enhance its offerings and expand its footprint in the country.

Janak Malkani brings with him a robust 18-year track record in the Indian real estate sector, having held significant roles including Executive Director at CBRE's Advisory & Transaction Services in Mumbai. His career spans pivotal contributions at Cushman & Wakefield, Knight Frank, and Indiaproperties.com, where he has played instrumental roles in shaping the expansion strategies of major international retailers like Walmart and DeBeers. Malkani's expertise in real estate advisory and transaction services, coupled with his proven ability to cater to the needs of multinational corporations, positions him strongly to drive WeWork India's managed office business forward.

Karan Virwani, CEO of WeWork India, expressed enthusiasm about Malkani's appointment, emphasizing its strategic significance as WeWork India aims to strengthen its position as a comprehensive workspace solutions provider. Virwani highlighted the growing importance of WeWork India's Managed Office vertical, which currently constitutes a significant portion of its business, encompassing over 2 million square feet and serving notable enterprise members such as AstraZeneca and Kantar.

"We are thrilled to welcome Janak to our team", said Virwani. "His leadership will be pivotal as we continue to innovate and expand our Managed Office offerings. With the flexible workspace market growing rapidly, especially driven by large enterprises seeking integrated office space solutions, Janak's expertise will play a crucial role in driving the next phase of our growth".

WeWork India has been a pioneer in the flexible workspace industry, catering to diverse needs from solopreneurs to Fortune 500 companies. The market has seen approximately 20% year-over-year growth over the last three years, with a significant portion driven by enterprises looking for comprehensive office space management solutions. WeWork India's Managed Office portfolio addresses this demand, providing end-to-end workspace solutions designed to enhance productivity and efficiency for businesses of all sizes.

In response to his appointment, Malkani expressed excitement about joining WeWork India and leading its Managed Office division. "WeWork India's innovative approach to workspace solutions is unmatched in the market", Malkani stated. "There is a growing demand for Managed Office offerings across various markets, and I am eager to set new benchmarks for the industry. Together with the team, we aim to create dynamic work environments that exceed the evolving needs of businesses across India".

Malkani's appointment comes at a pivotal moment for WeWork India, which recently expanded its presence to Chennai and opened its 55th building. This expansion underscores WeWork India's commitment to delivering flexible, scalable, and high-quality workspace solutions while building strong partnerships with stakeholders such as landlords, IPCs (Independent Property Consultants), and members.

As WeWork India continues to evolve as a leader in the flexible workspace industry, Malkani's leadership and vision are expected to play a critical role in shaping the company's growth trajectory. With a focus on innovation, customer-centricity, and expanding its market reach, WeWork India remains poised to redefine workspace dynamics in India's corporate landscape.