Smartworks, Ocwen Financial Services ink pact for 600 seats in Mumbai, Pune


Smartworks, one of India’s leading managed workspace providers to enterprises, has entered into an agreement with Ocwen Financial Services for over 600 seats in Mumbai and Pune.

Ocwen Financial Services is one of the key financial services companies in America.

“In the current scenario, enterprises are re-assessing their existing conventional office spaces and long-tenured leases. They are opting for managed office spaces for workplace flexibility, tech-enabled work environment, optimal utilisation of space as the means for a reduction in cash outflows, agility and an enhanced office experience,” said Neetish Sarda, Founder of Smartworks.

Enterprises are moving towards managed office workspaces to stay agile, scale per business needs, tap talent and focus on core business rather than worrying about day-to-day workspace management.

“We are excited about this association as it offers us access to multiple prime office locations, room to expand, world-class infrastructure and takes away the stress of managing a workspace during such unprecedented times,” said SP Ravi, President- India and Manila Operations, Ocwen Financial Services.

According to Ravi, Smartworks’ digitally enabled ecosystem focused on contactless services fits the need of the hour as it enables a safe and hassle-free workspace for employees.

Smartworks is leveraging technology to reimagine its workspaces as the new normal sets in with a heightened focus on employees’ health and safety. The members use ‘SW Super App’ to book meeting rooms, order food, give feedback and book Flexi-desks, among others services and amenities without using the communal touch screens.

“Owing to the uncertainty brought on by the pandemic, corporates are actively evaluating flex spaces as a potential solution, that allows them to save their CAPEX and yet achieve their office space requirements,” said Gautam Saraf, Managing Director – Mumbai and New Business, Cushman & Wakefield.

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According to Saraf, the partnership between Ocwen Financial Services and Smartworks has fructified given that Ocwen had clear real estate objectives, and Smartworks was able to offer flexible enterprise solutions to cater to these objectives, that then led to this multi-city expansion of highly tech enabled and employee safety focused workplaces.

Smartworks offers fully managed tech-enabled office spaces with maximum flexibility and zero upfront Capex. It has a growing footprint of over 4 million sq ft and 31 centres across nine cities including Delhi, Noida, Gururgram, Mumbai, Pune, Hyderabad, Bengaluru, Chennai and Kolkata.



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