Amit Banerji, Co-founder and CEO of Table Space, Passes Away at 44

In a tragic turn of events, Amit Banerji, the co-founder and CEO of managed workspace operator Table Space, passed away on Monday morning due to a heart attack. He was 44 years old. The news of his untimely demise has left the startup and real estate communities in shock.

Table Space, in an official statement, expressed its profound grief: “It is with deep sadness that we announce the passing of Mr. Amit Banerji, our Founder, Chairman, and CEO. His impact on the company, its people, and the industry will be lasting. He will be profoundly missed by his family, friends, and partners.”

The Innovator Behind Table Space

Amit Banerji co-founded Table Space in 2017 along with Karan Chopra, with a vision to revolutionize the managed workspace sector in India. Under his leadership, the Bengaluru-based company grew into a significant player in the industry, providing modern and efficient office spaces to businesses across the country. Alongside Banerji and Chopra, the core team of Table Space includes other key leaders: President Kunal Mehra, Chief Strategy Officer Srinivas Prasad, COO Krishnaswamy Nagarajan, CEO of Table Space Constructions Anurag Tyagi, Chief Sales Officer Nitish Bhasin, and Executive Director of Sales Anamika Gupta.

The company has been preparing for its initial public offering (IPO) in 2025, targeting a valuation of over $2.5 billion. According to reports, Table Space had even engaged Axis as a bookrunner for the IPO.

Who Was Amit Banerji?

Before establishing Table Space, Banerji spent over 13 years at Accenture, where he rose to the position of Managing Director of Corporate Real Estate in India. His expertise spanned across business planning, asset management, real estate economics, and complex transactions. He was widely respected for his sharp negotiation skills and visionary leadership.

Amit Banerji’s educational journey included a B.Tech degree in Computer Science from Punjab Technical University, following his schooling at Gyan Bharati. His strong academic foundation and years of professional experience shaped his remarkable career.

A Life of Achievements

Banerji’s stake in Table Space was approximately 21.55% as of the last funding round in August 2024, according to research firm Tracxn. With a company valuation of ₹3,162.1 crore, his unrealized share was estimated at ₹866.8 crore. He had also realized an additional ₹90 crore from his total holdings, reflecting his substantial contribution to the company's success.

Remembering His Leadership

In one of his recent posts on LinkedIn, Amit Banerji shared a profound conversation he had with his co-founder Karan Chopra. The discussion highlighted the importance of instincts in leadership—an approach that defined much of Banerji’s decision-making. "Data tells us what’s possible, but instinct tells us what’s right," Banerji had shared, encapsulating the balance of intuition and analysis that drove Table Space’s success. The screenshot of their conversation, showing their strong partnership, has become a reminder of Amit’s unique leadership style.

Gone Too Soon

The sudden demise of Amit Banerji has left a void not only in Table Space but also in the broader entrepreneurial ecosystem. His passing adds to a growing list of startup founders and leaders who have left us too soon. This includes Rohan Mirchandani, co-founder of Epigamia, who passed away at 42 last year; Rohan Malhotra, co-founder of Good Capital, who died at 44; and Ambareesh Murty, co-founder of Pepperfry, who passed away in 2023 at the age of 51.

These early departures are a somber reminder of the immense pressure and challenges faced by entrepreneurs. Amit Banerji’s contributions to the managed workspace industry will be remembered, and his legacy will continue to inspire those in the startup and real estate sectors.

Banerji’s friends, colleagues, and industry peers have poured in heartfelt tributes, remembering him as a visionary leader, a mentor, and a kind-hearted individual. The loss is not just personal to those who knew him but also professional, as the industry mourns the passing of one of its brightest minds.

Image source: Linkedin