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"In 2021-22, we close the financial year with around Rs 800 crore of revenue and we were negative Rs 50 crore EBIDTA. During the last fiscal, we achieved a turnover of around Rs 1,400 crore and Rs 250 crore of EBIDTA," said Karan Virwani, CEO, WeWork India.
The largest workplace provider in India, WeWork, has leased 54,000 square feet of office space in New Delhi,...
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
WeWork India said that its EBITDA stood at about INR 70 Cr during the first quarter of FY24 while revenue grew 40% YoY to INR 400 Cr
WeWork's warning of a bankruptcy risk would not have an impact on its India unit, regional CEO Karan Virwani said on Wednesday.