• Chethan Machaknur

Wework India raises $100 mn from Wework Global

WeWork Global has bought 20% stake in Wework India, a fully-owned subsidiary of Bengaluru-based estate developer Embassy Group, for $100 mn as the company looks to scale up India operations over the next 36 months.

"India is one of the key markets for WeWork.The fresh round of capital from our long-term partners at WeWork global represents a vote of confidence in our strategy and in India operation. Sandeep Mathrani, global CEO of WeWork will also have a board seat in the India operation," said Karan Virwani, CEO of WeWork India

  • Amazon Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Instagram

© 2020 by StartupNews. Proudly created in India