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Table Space Technologies, a managed workspace operator, plans to invest Rs 1,000 crore in the next fiscal year to expand its operations by around 4.5 million sq ft. The company recently raised over $325 million from Hill House Capital to expand its operations across key office property markets in India.
During 2022-23, the company expanded its portfolio by 3.2 million sq ft, investing Rs 800 crore. “With the expansion, we expect to take the revenue in FY23-24 to Rs 1,800 crore from Rs1,140 crore in 2022-23,” said Banerji.
While the India affiliate works as an independent entity, it did receive support at the peak of covid in 2020, when WeWork invested $100 million in it
His last full-time stint was with Xiaomi India
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