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MIGUEL MCKELVEY
WeWork India gets Sebi nod for IPO; Embassy to sell stakeWeWork India, the leading flexible workspace provider, has secured SEBI's approval for its IPO, consisting entirely of an offer for sale of...
WeWork’s plan to sell stake in India unit collapses; sector revival, valuation issues hit transactionWeWork Inc.'s plan to sell its 27% stake in its Indian unit has collapsed due to a valuation mismatch. The Embassy Group was supposed to ac...
CCI approves WeWork Inc's exit from India unitCCI approves WeWork Inc's exit from WeWork India as investors acquire stake. Co-founded by Adam Neumann and Miguel McKelvey, WeWork India r...
WeWork to sell 27% stake in India unit via Rs 1,200 crore secondary dealEmbassy group to sell additional 13% stake in WeWork India’s latest funding round, according to people in the know of the matter.
Explained: Why WeWork failed, and what is nextWeWork was once the most valuable US startup, worth $47 billion. It courted investments from blue-chip investors, including SoftBank and ve...
WeWork India says business not affected by US bankruptcyThe Chapter 11 filing will not impact WeWork India’s members and stakeholders, the company said in a statement on Tuesday, adding that it w...
ETtech Explained: WeWork's downfall from $47 billion valuation to bankruptcyThe startup opened its first location in New York City, in April 2011. It focused on leasing office space, rather than buying.
From prized startup to possible bankruptcy: WeWork's tumultuous pathFounded by Adam Neumann and Miguel McKelvey in 2010, WeWork had a tumultuous path to become a publicly-listed company. Below is a timeline ...
WeWork has sent a distress signal. Here's what to knowWeWork was founded in 2010 by Adam Neumann and Miguel McKelvey, tech entrepreneurs who used the funds from the sale of their previous co-wo...
Uday Kotak, Lewis Hamilton, Biz Stone want you to stop consuming meat and save the planetHamilton is urging people to stop consuming meat and dairy for environmental reasons. And he’s not the only one.
WeWork bosses tell employees job cuts are coming this monthExecutives said clients and tenants were still interested in WeWork’s offerings, and implored staff to focus on its core business and custo...
WeWork was a family affair, until things got complicatedThere were a lot of things about WeWork that made public investors recoil.
WeWork IPO plan in doubt as CEO Neumann exits under pressureTwo senior WeWork executives, Sebastian Gunningham and Artie Minson, were appointed as co-CEOs.
A brief history of WeWork, the flying startup facing turbulenceSept. 5: WeWork is said to consider a valuation between $20 and $30 billion in its IPO, according to people familiar with the matter.
WeWork postpones long-awaited IPO, sending its bonds fallingThe IPO was expected to be the next step in WeWork’s rapid growth and mark a victory for Japanese telecom giant SoftBank Group Corp.’s plan...
WeWork to open 4 new co-working centres in Gurugram this year; plans to enter Noida soonUS-based co-working operator WeWork will add four new centres, comprising over 7,000 seats in Gurugram by the end of this year and is also ...
Goldman, Warburg eye $200 million stake in WeWork IndiaVirwani and Embassy have the exclusive rights to operate WeWork in India under a deal signed about two years ago.
US shared office company WeWork ties up with Embassy in IndiaThe Bengaluru-headquartered Embassy will invest around $150 million in WeWork India, which is also likely to receive investments from priva...
WeWork contemplates entering Indian market: Adam NeumannWeWork is a four-year-old company that provides shared workspaces largely to start-up companies without owning the properties itself.
New York-based office rental startup WeWork eyes India entryIndia has become highly attractive for a business like WeWork with so many startups mushrooming here and looking for co-working spaces to s...