Founder · HerSpace

Puneeth Thimmegowda

Co-founder & Director of HerSpace, a workforce housing company based in Bengaluru.

Co-founder · DirectorBengaluruWorkforce Housing
Founded
2023
Bengaluru, India
Raised to date
$50M
2 rounds on record
Latest round
Capital commitment (debt, quasi-equity and equity)
$40M · September 2026

About

Puneeth Thimmegowda is Co-founder & Director of HerSpace, a workforce housing company based in Bengaluru, founded in 2023. HerSpace's most recent disclosed round was a funding round of $40M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2023
HerSpace
Workforce Housing · Bengaluru · Active

HerSpace funds, designs, builds and operates leased accommodation for industrial workers in India, with a particular focus on housing for women. It sells to manufacturers rather than to individual tenants, and runs the buildings itself, including security, housekeeping, food and statutory compliance. The accommodation is factory-built and modular: twin and quad rooms for sites of 50 to over 1,000 beds, access-controlled women's blocks with female wardens and 24-hour monitoring, self-contained units for supervisors relocating with families, and modular offices, clinics, dining and recreation bl

Funding
September 2026Capital commitment (debt, quasi-equity and equity)$40MGray Matters Capital
2025Investment$10MGray Matters Capital
Company profile →2 rounds on record

Journey with HerSpace

3 milestones
  1. Dec 2021Founded

    HerSpace Private Limited is incorporated in Bengaluru with Robert Alexander Pattillo and Smita Sircar as directors, the earliest registered entity carrying the HerSpace name.

  2. 2025Milestone

    HerSpace Manufacturing Private Limited is incorporated in Karnataka with paid-up capital of ₹9 lakh, registered in Jayanagar, Bengaluru and classified under leasing and warehousing activity. Gray Matters Capital invests $10 million in the venture the same year.

  3. Sep 2026Funding

    Secures a further $40 million commitment from Gray Matters Capital, to be deployed over 30 months as debt, quasi-equity and equity, funding expansion across Greater Bengaluru, Hosur, Chennai and Andhra Pradesh.

Also building HerSpace

BPBob PattilloCo-founder→SNSimha NagarajCEO · Director→

Coverage

1 story
Funding · 7 Sept 2026 · 6 min read
HerSpace Secures $40M From a Fund Its Own Co-Founder Started