WeWork India raises Rs 550 crore from BPEA Credit; aims to reshape future of work
The funding will be used to invest in Indian market opportunities in align with its vision to reshape the future of work.
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The funding will be used to invest in Indian market opportunities in align with its vision to reshape the future of work.
Co-working major WeWork India said it has raised Rs 550 crore from funds managed by BPEA Credit. The amount will...
New Delhi, Dec 26: Co-working major WeWork India on Monday said it has raised Rs 550 crore from funds managed by BPEA Credit. The amount will be used for future growth and potential consolidation opportunities. WeWork India has a portfolio of around 70,000 desks spread over 6 million square feet area in 41 centres across Bengaluru, Mumbai, Gurugram, Noida, Hyderabad, and Pune. “Flexibility is paramount in today’s workforce and the investment by BPEA Credit stands testament to the massive growth […]
On the operational front, he said the occupancy rate has touched almost 90 per cent.
Get latest articles and stories on Latest News at LatestLY. Co-working major WeWork India's revenue is set to jump 70 per cent this calendar year to around Rs 1,300 crore on rising demand for flexible office space and the company is expanding its portfolio to achieve similar growth in 2023, its CEO Karan Virwani said on Tuesday. Latest News | WeWork India Revenue to Rise 70 Pc to Around Rs 1,300 Cr This Year; to Expand Portfolio for Growth, Says CEO Karan Virwani.