Vertex Group has announced its entry into India’s flexible workspace market with the launch of DK Vertex, marking a diversification beyond its core information technology services business.
The company plans to invest ₹300 crore over the next three years to establish 30-35 smart co-working centres across 10 cities, targeting rising demand from startups, SMEs, multinational companies and hybrid workforces.
Expansion plan
As part of the first phase, DK Vertex plans to open seven centres across:
- Delhi-NCR
- Mumbai
- Bengaluru
These facilities will cover nearly 1 million square feet.
The first centre has already started operations in Gurugram and has a capacity of 700 seats.
₹70 crore investment in first phase
The initial seven centres are being developed with an investment of around ₹70 crore.
Key details include:
- Capacity of around 10,000 seats.
- Nearly 6,000 seats already operational.
- Occupancy levels of about 75 percent.
- Another 4,000 built-to-suit seats expected to become operational within the next two months.
Client profile
According to the company:
- More than 15 Fortune 500 companies are among its clients.
- Around 70 percent of occupants are international brands.
Management said the platform has already attracted high-growth startups, MSMEs and large enterprises.
Beyond traditional co-working
DK Vertex plans to offer more than office space by integrating business services into a single digital ecosystem.
The services will include:
- Information security solutions.
- Payroll management.
- Hiring and talent acquisition support.
- Business analytics.
- Account management services.
- Concierge support.
- A networking marketplace for tenants.
The company aims to create additional recurring revenue streams beyond seat rentals.
Industry tailwinds
India’s flexible workspace market has seen strong demand from:
- Technology companies.
- Global capability centres.
- Startups.
- Enterprises adopting asset-light office models.
The sector is also benefiting from:
- Hybrid work trends.
- Growing preference for managed office spaces.
- Rising demand for scalable workplace solutions.
About Vertex Group
Founded as an information technology company, Vertex Group provides technology and digital transformation services across multiple sectors.
The launch of DK Vertex marks the company’s expansion into business infrastructure and workspace solutions, leveraging its technology and enterprise services capabilities.
TL;DR
Vertex Group has launched DK Vertex to enter the co-working segment. The company plans to invest ₹300 crore over three years to develop 30-35 centres across 10 cities, with seven facilities and 10,000 seats planned in the first phase.
AI Summary
- Vertex Group has launched co-working platform DK Vertex.
- The company plans to invest ₹300 crore over three years.
- It aims to develop 30-35 centres across 10 cities.
- Seven centres with 10,000 seats are planned in the first phase.
- DK Vertex will offer integrated business services alongside workspace solutions.
