Awfis Space Solutions Ltd saw its shares rise nearly 3% on Wednesday after announcing the delivery of a 67,000 sq. ft. innovation hub for eBay in Bengaluru. The partnership adds eBay to Awfis’ growing list of Global Capability Centre (GCC) clients, reinforcing its position as a leading workspace solutions provider in India
Stock Market Performance
- Awfis shares hit an intra-day high of ₹587.95 on the BSE, closing 2.26% higher at ₹584.2
- Market capitalization stood at ₹4,165 crore
- The stock is trading closer to its 52-week low of ₹546 than its high of ₹810
eBay’s Bengaluru Innovation Hub
- Location: Embassy Tech Village, North Bengaluru — the city’s largest operational office park with strong airport and city connectivity
- Size: 67,000 sq. ft
- Role: Strategic hub to drive AI-first commerce strategy
- Functions: Artificial intelligence, engineering, product development, and applied research
Awfis’ Role
Awfis was responsible for:
- Designing, building, and managing the innovation hub
- Delivering a workspace aligned with future-ready GCC needs
- Enhancing collaborative, tech-enabled environments to support eBay’s India growth
Chairman and MD Amit Ramani said the mandate “validates Awfis’ ability to deliver future-ready workspace solutions” and strengthens its position as a trusted partner for global enterprises
Zinnov’s Contribution
The deal was facilitated by Zinnov, a global consulting firm specializing in scaling and transforming GCCs, highlighting the strategic importance of India’s GCC ecosystem
Awfis’ Growing Footprint
As of June 30, 2025, the company has expanded to 39 centres in Bengaluru, including two recently launched Elite centres at Manyata Tech Park and Prestige Venus, adding 80,000 sq. ft. of premium workspace. Overall, the portfolio comprises more than 230 centres with 1.5 lakh seats across 18 cities, offering diverse formats and allied services beyond flexible workspaces
Significance
- Strengthens India’s GCC ecosystem, with Bengaluru as a preferred hub for global enterprises
- Reinforces Awfis’ role as India’s leading end-to-end workspace solutions provider
- Supports eBay’s long-term India growth strategy in commerce, engineering, and AI
Conclusion
The partnership between Awfis and eBay represents a milestone in India’s evolving GCC landscape. With eBay’s innovation hub set to play a pivotal role in its global operations, and Awfis continuing to expand its premium workspace portfolio, Bengaluru’s status as a global innovation and GCC hub is further cemented
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