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WeWork India raises Rs 200 cr as equity, debt to grow biz


WeWork India raises Rs 200 cr as equity, debt to grow biz
Bengaluru-based WeWork India, which provides flexible workspace to corporates and individuals, sold 10,000 desk during the January-March quarter comprising about 7 lakh sq ft office space
PTI | April 12, 2021 | Updated 17:09 IST
WeWork said it has raised Rs 200 crore from investors through a mix of debt and equity
Coworking major WeWork India on Monday said it has raised Rs 200 crore from investors as equity and debt to grow its business and become profitable this year.
Bengaluru-based WeWork India, which provides flexible workspace to corporates and individuals, sold 10,000 desk during the January-March quarter comprising about 7 lakh sq ft office space. ....

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COVID-19 has forced entrepreneurs to rethink their co-working spaces


COVID-19 has forced entrepreneurs to rethink their co-working spaces
Jared Lindzon
Published April 2, 2021
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Gerry Yantha spent the first 18 years of his career working in a corporate office tower before leaving in 2010 to found Accolade Developments, a boutique real estate development company.
In the years that followed, Mr. Yantha spent most of his time on the road, meeting with clients and partners on development sites, in cafés and restaurants, and occasionally working from home. It was a viable workplace alternative until the pandemic forced his partner and her adult children to share the already cramped workspace, not to mention Zeus, his 55-kilogram German shepherd-collie. ....

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