Stylework plans $100 mn IPO in two years

Coworking space aggregator Stylework is planning a $100 million (₹830 crore) initial public offering within the next two years, prior to which it will raise funds through a pre-IPO round of $30 million, said Chief Executive and cofounder Sparsh Khandelwal.

- GULVEEN AULAKH

"A pre-IPO would be a $30 million round, with a $20 million equity and $10 million venture around it. The IPO can go up to $100 million, which is our FY27-FY28 plan," he said in an interaction with Business Standard, while adding that while equity dilution was yet to be decided, the company was open to bringing in strategic investors.