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WeWork India raises ₹500 cr via rights issue

Mint Hyderabad

|

January 14, 2025

Co-working major WeWork India on Monday said it has raised ₹500 crore through rights issue mainly to reduce debt and achieve further growth.

- PTI

Realty firm Embassy Group holds a 73% stake while WeWork Global has a 27% shareholding in unlisted WeWork India.

WeWork Global, which is a leading provider of flexible workspace, had in June 2021 invested $100 million in WeWork India.

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Mint Hyderabad

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