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Table Space appoints Ashwin Chandrasekar as CITO

What they do

Table Space provides managed office solutions for enterprises across India

It appointed Ashwin Chandrasekar as chief information and technology officer

The appointment comes as the company advances its IPO plans

Table Space appointed Ashwin Chandrasekar as its Chief Information and Technology Officer (CITO) on 3 June 2026.
Chandrasekar was previously the CTO of Third Wave Coffee and has over 20 years of experience in technology, digital transformation, AI, and product engineering.
He will focus on improving operational efficiency, strengthening control, scaling business processes, and driving sharper decision-making through business analytics and enterprise data strategy.
He will also enhance end-user technology to create smoother, more seamless, and intuitive workplace experiences from access to workflows to digital touchpoints.
The appointment comes as Table Space advances its IPO plans.
The board approved a pre-IPO private placement of ₹200 Cr in January 2026.
The proposed pre-IPO fundraise accounts for 20% of the fresh issue component, implying a fresh issue size of about ₹1,000 Cr.
The IPO is expected to include an offer for sale (OFS) component.

Founder Amit Banerji passed away in January 2025.
Cofounders Karan Chopra and Kunal Mehra were appointed co-CEOs after Banerji's passing.
In September 2025, Chopra and Mehra were named whole-time directors, and Chopra was also appointed chairman.
The company has been exploring a public listing since October 2024 and is targeting a DRHP filing soon.

Table Space was founded in 2017 and provides managed workspace solutions for enterprises in India.
Its enterprise workspace-as-a-service (WaaS) model delivers flexible, scalable workspace solutions, with offices delivered as early as 90 days.
The company has a portfolio of over 1.10 crore sq ft of custom-built managed workspaces and ready-to-move-in Suites.
It has served over 425 clients and operates 80+ centres across nine major Indian cities: Bengaluru, Pune, Hyderabad, Mumbai, Noida, Chennai, Gurugram, New Delhi, and Bhubaneswar.
Its Grade A WaaS offering is designed for GCCs (Global Capability Centres) and global enterprises.
In FY25, operating revenue was ₹1,360 Cr, up 51% YoY, but net loss was ₹1,561 Cr due to a one-time accounting adjustment related to CCPS (Compulsorily Convertible Preference Shares).