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WeWork India raises ₹500 cr via rights issue
Mint Kolkata
|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.
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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