Stylework funding made headlines on 7 July 2026, as publicly reported, with the Gurugram-based flexible workspace and SaaS aggregation platform closing $1 million in equity in the second close of its pre-Series B round. Stylework — note: the company’s official website was not disclosed in any public report at the time of writing, so no external link has been included — secured the capital from lead investor Auxano Capital alongside marquee family offices, institutional investors, and high-net-worth individuals (HNIs), as publicly reported on 2026-07-07.
Quick Highlights
- Founder: Spaarsh Khandelwaal (Founder & CEO), founded in 2016
- Lead Investor: Auxano Capital
- Participating Investors: Marquee family offices, institutional investors, and HNIs
- Investor Background: Auxano Capital is a SEBI-registered investment firm focused on backing high-growth startups across fintech, deep tech, AI, sustainability, and enterprise technology
- Headquarters: Gurugram, Haryana, India
- Announcement Date: 7 July 2026
Funding Breakdown
Use of Funds
As publicly reported, the fresh capital will primarily accelerate Stylework’s expansion across Tier I and Tier II cities, strengthen its technology platform, and deepen partnerships with enterprise customers. The company also plans to invest in operator digitisation and supply-side standardisation to improve workspace accessibility and operational efficiency at scale. Additionally, the funds will support AI-powered workspace technology development, including further advancement of the company’s Stylework.ai and Flexboard SaaS platforms.
Funding Timeline
The current second close follows the first close of the pre-Series B round, which was backed by Equentis Angel Fund, Karekeba Ventures/Cogniphy AIF Fund, MoneyVyapaar, and LetsVenture Fund, as publicly reported. With this second close, Stylework has raised more than $3.5 million in its pre-Series B round in total, taking its cumulative funding to over $6.5 million across four major funding rounds to date.
Expansion Plans
Stylework plans to grow its footprint across more Indian cities, with a specific focus on Tier I and Tier II markets. The company aims to strengthen its technology capabilities to keep pace with the long-term enterprise shift toward hybrid work, as publicly reported. On the operator side, Stylework intends to invest in advisory and infrastructure solutions — including design-and-build services and IoT-led digitisation — to upgrade local workspace inventory to enterprise-grade standards.
Significance
This second close marks a meaningful vote of confidence in Stylework’s asset-light, technology-led aggregation model at a time when India’s flexible office market is witnessing strong momentum, driven by hybrid work adoption and rising enterprise demand for distributed, managed workspace solutions. The round pushes total pre-Series B proceeds past $3.5 million and reinforces Stylework’s positioning as the platform connects enterprises to over 10,000 workspace centres across 125+ cities. Reaching an annual net revenue run rate exceeding ₹50 crore and recording profitability for the second consecutive year gives the company a rare combination of scale and financial discipline for a growth-stage SaaS startup. For Auxano Capital, backing Stylework continues a clear thesis around enterprise infrastructure software that consolidates fragmented supply chains through technology.
These details have been verified against multiple publicly available reports as of 2026-07-07.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
