WeWork is shaken, Embassy stirs into action
Less than a month after WeWork’s IPO was postponed and Adam Neumann stepped down as CEO, Embassy Group-run WeWork India is looking to raise $200 million to fund its growth.
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November 2019
October 2019
September 2019
September 2018
August 2018
Embassy to raise $200 mn to grow WeWork in India
The Bengaluru-based real estate developer plans to almost double WeWork India’s flexible space operations over the next 12 months.
Can Embassy Group sail through the WeWork crisis?
While New York-headquartered WeWork has come under severe scrutiny in the past weeks, can Embassy-controlled WeWork India negate the negative impact on its valuation and future expansion plans?
‘Coworking is the fastest growing segment in commercial real estate’
Smartworks, which added half a million sq. ft through its key markets in Mumbai and Bengaluru this year, plans to add another million sq. ft in the next six months, says founder Neetish Sarda.
Will the WeWork game plan work?
The Indian co-working space is the newest battleground for entrepreneurs and investors alike, with global giant WeWork looking to lead the way.
WeWork India to double its centres
By the end of 2018, WeWork India aims to open in four more locations in Delhi, four in Bengaluru and six in Mumbai.
