JLL Spark invests in flex-space tech platform Qdesq

JLL Spark, a Silicon Valley-based venture capital arm of JLL, has invested an undisclosed sum in Indian flex-space technology platform, Qdesq. This marks the fund’s first India-focused investment.

With this, Qdesq intends to invest in the analytics capabilities of its technology platform, the company said in a statement.

“Companies are no longer interested in inefficient leases with long lock-ins. Businesses are increasingly looking for the flexibility to easily expand or contract their footprint. With its comprehensive inventory of real-time availability of managed spaces, Qdesq can dramatically reduce the lead-time to occupancy for companies,” said Anuj Nangpal, Asia Pacific Lead, JLL Spark.