How Insomniacs is turning Bhavnagar into tech powerhouse with massive lease

Insomniacs Digital Private Limited, a prominent name in innovative digital and technology solutions for the real estate sector, has announced a major expansion by securing a 27,000+ square feet lease at Trishul One in Bhavnagar. This strategic move is a testament to Insomniacs’ commitment to enhancing its technological capabilities and meeting the needs of its growing client base.

Strategic Expansion to Boost Tech Capabilities

The newly acquired space in Trishul One, a high-end commercial property in Bhavnagar, will become the new hub for Insomniacs’ technological ventures. This expansion is part of the company’s broader vision to advance its tech operations, particularly in developing cutting-edge SaaS solutions, Proptech tools, and digital marketing platforms tailored for the real estate industry. By relocating to this state-of-the-art facility, Insomniacs aims to strengthen its position in the market and foster innovation.

Govind Rai, CEO and Co-Founder of Insomniacs, emphasized the strategic significance of this move, drawing parallels with Infosys’ impact on Mysuru. “We see what Infosys did to Mysuru, and we believe Bhavnagar holds similar potential to become a technology hub for our operations. Contrary to the belief that most tech talent gravitates towards Bengaluru, we see Bhavnagar—with its excellent connectivity to Ahmedabad, Rajkot, Surat, and Mumbai—as an epicenter for our growth and expansion plans. Our tech team has grown from 14 people to over 100 in just three years, and by 2026, we expect this number to reach 250,” said Rai.

Bhavnagar: A Thriving Tech Ecosystem

Paritrupt Bagadia, CTO and Co-Founder of Insomniacs, further highlighted the advantages of Bhavnagar for the company’s operations. “We are already the largest tech company based out of Bhavnagar, which has helped us attract some of the best talent from nearby cities. With a culture that fosters growth and wealth creation, we see immense potential here. Bhavnagar not only allows us to keep our operational costs in check but also aligns with our mission of creating wealth for local talent. Our platform RUNR, which celebrates the spirit of Bhavnagar, has become a go-to app for the locals and Instagram Channel with 40,000+ followers. With more talent returning to Bhavnagar, we are set to push the bar even higher in real estate technology.”

Landmark Deal in Bhavnagar’s History

Vivek Chavda, the owner of Trishul One, expressed his enthusiasm about the landmark deal. “I couldn’t be happier that almost our entire building is leased out by one company. This is the first of its kind transaction in Bhavnagar’s history, where a technology company has signed a five-year lease. I am very glad they found the best partner in us. I am proud that soon this under-construction marvel will be home to Team Insomniacs, and I look forward to their further expansion and the synergies we will create together.”

Insomniacs’ Growing Influence in Real Estate Tech

Insomniacs has established itself as a leader in digital transformation within the real estate sector. The company’s flagship platform, AbsoluteCX, provides a comprehensive PaaS and SaaS solution for real estate, serving major players like Prestige, DLF, Raymond Realty, and the Hiranandani Group. With its headquarters in Ackruti Star, Andheri East, Mumbai, Insomniacs currently operates out of a 15,000 square feet office and boasts a team of over 160 members. The expansion into Bhavnagar marks a significant step towards the company’s goal of becoming India’s largest real estate advisory and technology firm.