Top Virtual Office Providers

Market Overview

The virtual office market in India is dominated by major coworking and workspace providers. As of 2024-2025, the market consists of:

• ~200+ virtual office providers pan-India
• Top 10 providers control 60-70% of market
• Geographic concentration in metros and Tier-1 cities
• Growing presence in Tier-2 cities

Top Virtual Office Providers

1. Awfis (Fastest Growing Leader)

Company Profile:

• Established: 2015
• Status: Listed on BSE (Bombay Stock Exchange) - 2023
• Locations: 90+ spaces across 18 cities pan-India
• Market Position: India's largest office coworking network

Virtual Office Plans:

• Basic Address Plan: ₹1,200/month
• Premium Plan: ₹3,000/month
• Business Suite: ₹7,500/month
• Dedicated Office: ₹10,000+/month

Strengths:

✓ Largest geographic coverage (18 cities)
✓ Tech-enabled platform (booking, billing online)
✓ Rapid expansion (100+ locations planned)
✓ Professional management
✓ Good for GST verification (established provider)
✓ Strong community and events

Ideal For: Growing startups, companies planning expansion to multiple cities

Website: www.awfis.com

Founder Experience: Known for professional approach, good customer support, streamlined GST approval process

2. IndiQube (Premium Provider)

Company Profile:

• Established: 2015
• Status: Listed on NSE (National Stock Exchange) - 2024
• Locations: 50+ spaces across 15 cities
• Market Position: Premium segment leader

Virtual Office Plans:

• Business Address: ₹1,500/month
• Premium Plan: ₹3,500/month
• Dedicated Office: ₹8,000+/month

Strengths:

✓ Premium quality spaces
✓ Strong Bangalore presence (home base)
✓ Customizable solutions
✓ Recurring revenue focus (98% recurring)
✓ High occupancy (85%+)
✓ Good for long-term commitment

Ideal For: Quality-conscious founders, established companies, Bangalore-centric operations

Website: www.indiqube.in

Founder Experience: Professional, premium pricing, excellent spaces. Best for companies wanting upscale image.

3. WeWork India (Global Standard)

Company Profile:

• Established: 2017
• Parent: WeWork International (headquartered in New York)
• Locations: 40+ centers across 15 Indian cities
• Global presence: 800+ locations worldwide
• Status: Financially backed by SoftBank

Virtual Office Plans:

• Business Address Plan: ₹1,099/month
• GST Registration Plan: ₹1,599/month (12-24 months)
• Business Registration Plan: ₹1,899/month
• Premium Plans: ₹3,500-₹8,000/month

Strengths:

✓ Global standards and consistency
✓ Professional infrastructure
✓ International brand credibility
✓ Good coworking community
✓ Regular events and networking
✓ Flexible tenure options (6-36 months)
✓ Tech-enabled experience

Ideal For: International founders, companies seeking global standards, brand credibility

Website: https://wework.co.in

Founder Experience: Professional, international standards, good for raising funding. Higher pricing than local competitors but premium experience.

4. myHQ (Coverage Leader)

Company Profile:

• Established: 2016
• Status: Backed by Oyo Hotels (subsidiary)
• Locations: 160+ locations across 20 cities (largest coverage)
• Market Position: Expansion and accessibility leader

Virtual Office Plans:

• Basic Plan: ₹999/month
• Standard Plan: ₹2,500/month
• Premium Plan: ₹4,500/month

Strengths:

✓ Widest geographic coverage (20 cities)
✓ Most affordable options
✓ Flexible switching between locations
✓ Oyo backing (financial strength)
✓ Good for multi-city expansion
✓ Budget-friendly for bootstrapped startups

Ideal For: Bootstrapped startups, multi-city expansion, cost-conscious founders

Website: https://myhq.in

Founder Experience: Affordable, flexible, good for quick market testing. May have variance in location quality.

5. 91Springboard (Community-Focused)

Company Profile:

• Established: 2012
• Locations: 25+ centers across 10 cities
• Focus: Startup ecosystem and community

Virtual Office Plans:

• Business Address: ₹1,000/month
• Standard Plan: ₹2,800/month
• Premium Plan: ₹6,500/month

Strengths:

✓ Startup-focused community
✓ Regular founder events and mentorship
✓ Active angel and investor network
✓ Lower pricing for startups
✓ Good networking environment
✓ Mentorship programs

Ideal For: Early-stage startups, founders seeking mentorship and network, pre-seed/seed stage

Website: https://www.91springboard.com

Founder Experience: Community-oriented, great for networking and learning. Most startup-friendly provider.

6. Innov8 (Startup Accelerator Partnership)

Company Profile:

• Established: 2015
• Locations: 15+ centers across 10 cities
• Partnership: Strong ties with startup ecosystem

Virtual Office Plans:

• Basic Plan: ₹800/month
• Standard Plan: ₹2,500/month
• Premium Plan: ₹7,000/month

Strengths:

✓ Very affordable pricing
✓ Startup-first approach
✓ Mentorship and advice
✓ Event-heavy programming
✓ Good for networking

Ideal For: Budget-conscious early-stage startups, founders seeking ecosystem access

Website: https://www.innov8.co

Founder Experience: Affordable, community-driven, good for bootstrapped startups.

7. GoFloaters (Founder-Friendly Option)

Company Profile:

• Established: 2015
• Locations: 50+ spaces across 15 cities
• Focus: Flexible workspace and virtual offices
• Context: Founded by entrepreneurs for entrepreneurs

Virtual Office Plans:

• Basic Address Plan: ₹1,200/month
• Standard Plan: ₹3,000/month
• Premium Plan: ₹8,500/month

Strengths:

✓ Founder-first mentality (company built by entrepreneurs)
✓ Flexible plans and add-ons
✓ Responsive customer support
✓ GST-ready documentation
✓ Good for early-stage adjustments
✓ Creator-friendly (podcast studios, content spaces)

Ideal For: Bootstrapped founders, content creators, flexible requirement companies

Website: https://gofloaters.com

Founder Experience: Very founder-friendly, understanding of startup challenges, flexible services. Great customer support.

8. Regus (Global Provider)

Company Profile:

• Established: 1989 (global), 2005 (India)
• Parent: IWG plc (publicly listed UK company)
• Locations: 35+ centers in India, 3,000+ globally
• Global presence: Most established global provider

Virtual Office Plans:

• Business Address: ₹1,500/month
• Professional Plan: ₹3,500/month
• Premium Plan: ₹7,000+/month

Strengths:

✓ Global brand and credibility
✓ International standard amenities
✓ Strong on compliance (GST, ROC approved)
✓ Professional environment
✓ Global network access
✓ Enterprise-grade service

Ideal For: Established companies, international operations, enterprise-seeking startups

Website: https://www.regus.co.in

Founder Experience: Professional, established, premium pricing. Best for companies with established revenue.

9. Smart Works (Budget-Friendly)

Company Profile:

• Established: 2014
• Status: Listed on NSE - 2023
• Locations: 30+ centers across 12 cities
• Market Position: Budget-conscious segment

Virtual Office Plans:

• Basic Plan: ₹800/month
• Standard Plan: ₹2,000/month
• Premium Plan: ₹5,500/month

Strengths:

✓ Most affordable pricing
✓ High occupancy (89%)
✓ Listed company (financial stability)
✓ Good for bootstrapped startups
✓ Flexible plans

Ideal For: Highly budget-conscious founders, early-stage startups

Website: https://www.smartworks.co.in

Founder Experience: Budget option, acceptable quality, good value for money.