MPowered

About MPowered

MPowered operates as a real estate asset management firm, positioning itself as a 'Space-as-a-Service' platform for property owners and capital investors. Founded in 2020 by Sudeep Singh and Bhavna Juneja and based in Gurugram, India, the company aims to optimize underutilized real estate by transforming properties into agile and profitable assets. This involves conceptualizing, building, and operating spaces for co-working, co-living, or retail, thereby managing the entire lifecycle of the property on behalf of the owner.

The company's business model is structured around partnerships with landlords, brokers, and existing brands. For landlords, MPowered offers to increase the value of their portfolio with minimal risk by handling the transformation and daily operations of the property. The firm generates revenue by managing these properties and their associated services for a fee. In July 2020, MPowered secured $21 million in a seed funding round led by angel investors Ashok and Shelly Nichani, which was intended to fuel its growth and expansion.

MPowered's service portfolio is divided into several verticals. The primary offering transforms real estate into dynamic, managed destinations. An extension of this, 'Powered by M', is a service specifically for managing co-working and co-living spaces through a single point of contact. The company also provides technology-driven solutions, including 'MGage', a community management application designed to enhance user experience and collaboration within the managed spaces, and 'MAuditor', an app to ensure safety and compliance standards are maintained across facilities. The clientele includes property owners, companies seeking agile workspace solutions, and brands in the co-working or co-living sectors looking to outsource operations.