Wework india Archives - Square Feat India

Realty

WeWork India Files DRHP with SEBI for IPO

WeWork India Management Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO). The IPO comprises an Offer for Sale (OFS) of up to 43.75 million equity shares by Embassy Buildcon LLP and 1 Ariel Way Tenant Limited. The company, a leading flexible workspace provider, will not receive any proceeds from the sale. Book Running Lead Managers include JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM.

SquareFeatIndia
February 2, 2025
2 minute read

Realty

WeWork India Secures ISO 14001 and ISO 45001 Certifications Across Entire Portfolio

WeWork India has achieved ISO 14001 and ISO 45001 certifications across its entire portfolio, reaffirming its dedication to sustainability and workplace health and safety. Operating in eight cities with over 100,000 desks, the company continues to set benchmarks in creating sustainable and secure work environments.

SquareFeatIndia
January 20, 2025
1 minute read

Realty

WeWork India Raises INR 500 Crore via Rights Issue to Reduce Debt

WeWork India has successfully raised INR 500 crore through a rights issue, focusing on debt repayment and strengthening its financial position. CEO Karan Virwani emphasized that the move underscores investor confidence and supports long-term growth. Operating in eight cities, WeWork India offers over 1 lakh desks, catering to businesses of all sizes.