UrbanVault Announces Key Leadership Appointments to Drive Expansion in North and West India Markets
UrbanVault, one of the prominent provider of managed flexible workspaces based in Bengaluru, has announced key leadership appointments aimed at driving its expansion in the North and West regions of India. The company has appointed Dushyant Singh as Director of Sales and Business Development for the West Zone and Shivanshu Pareek as Associate Director of Sales for the North Zone. These appointments are part of UrbanVault's broader strategy to expand its presence across new cities and cater to the rising demand for flexible workspaces.
Dushyant Singh, who will be responsible for launching and establishing UrbanVault’s operations in Pune, brings a wealth of experience from his previous role at AWFIS. At AWFIS, Singh successfully managed the P&L for over 20 centers, developed strategic channel partnerships, and led business development efforts. He also played a key role in generating leads and securing major enterprise clients by offering customized office space solutions. In his new role, Singh will focus on client acquisition, building local partnerships, and providing tailored workspace solutions to meet the growing demand in the region.
Shivanshu Pareek, who has spent a decade at IndiQube, will take charge of expanding UrbanVault’s footprint in the National Capital Region (NCR) and exploring opportunities in emerging Tier-2 cities such as Jaipur and Mohali. Pareek brings substantial expertise in business development, stakeholder management, and the flexible workspace sector, making him well-positioned to drive growth and strengthen client relationships in these key markets.
The appointments of Singh and Pareek come at a time when the demand for flexible workspaces is experiencing significant growth. This surge in demand is primarily driven by changing work models, with businesses increasingly opting for flexible, cost-effective workspace solutions. The growing preference for flexible office spaces allows companies to reduce capital investments and outsource facility management, making them more agile and adaptable to shifting business needs. Furthermore, the rise of Global Capability Centers (GCCs) is contributing to the evolution of the commercial real estate landscape, blending traditional office spaces with modern, collaborative workplaces.
2024 has already seen a record-high demand for office spaces across key cities in India. This trend is expected to continue throughout the year as businesses adjust to new ways of working and seek workspace solutions that align with their evolving needs. UrbanVault is well-positioned to capitalize on this trend, and the recent appointments of Singh and Pareek are expected to play a crucial role in driving the company's growth and expansion in these markets.
Amal Mishra, the Founder and CEO of UrbanVault, expressed confidence in the new leadership appointments, stating, "Our mission is to provide impactful workspace solutions that truly benefit our clients. We are confident that Dushyant Singh and Shivanshu Pareek, with their deep industry knowledge and experience, will play a crucial role in driving our expansion in the West and North regions. The strong demand for high-quality, flexible workspaces, driven by economic growth and evolving workplace needs, presents immense opportunities for us. With their expertise and the support of our leadership team, we are poised for accelerated growth and greater value creation for our clients."
These appointments come at a time when the demand for high-quality, flexible workspaces is soaring across India. The increasing popularity of coworking spaces and flexible office solutions has prompted companies to rethink their real estate strategies. As more businesses transition to hybrid or remote work models, the need for flexible, scalable workspace solutions is expected to continue rising.
UrbanVault’s strategic hires are aimed at capturing this growing demand in the West and North regions, where the company aims to strengthen its market position and expand its client base. With the expertise of Dushyant Singh and Shivanshu Pareek, UrbanVault is poised to meet the evolving needs of businesses seeking flexible, cost-effective, and collaborative workspaces.
As UrbanVault continues to expand its footprint across India, the company remains committed to delivering flexible workspace solutions that offer greater value and efficiency to its clients. The company’s strong leadership team, combined with the growing demand for flexible office spaces, positions UrbanVault to thrive in the evolving real estate market.
