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JLL's VC arm Spark invests undisclosed sum in co-working platform Qdesq

Deal will help investor provide a more comprehensive solution to its clients in 35 Indian cities

Photo: Shutterstock
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Photo: Shutterstock

Vinay Umarji Ahmedabad
JLL Spark, the Silicon Valley-based venture capital arm of real estate consulting firm JLL, has invested an undisclosed amount in one of India’s largest flex-space technology platforms, Qdesq. This marks the property technology (proptech) focused fund's first India specific investment.
 
Founded in 2015 by Paras Arora and Lavesh Bhandari, Qdesq is a digital platform that allows companies to transact flexible workspaces, managed workplaces, virtual offices and individual offices. The company lists India's largest inventory of available flex spaces in near real time and currently transacts one desk every 20 minutes on behalf of corporates looking to avoid locking themselves