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WEWORK STAKE SALE
$67 billion! Dalal Street braces for 81 IPO lock-in expiries in next 3 months. Check detailsA wave of IPO lock-in expiries is set to hit Dalal Street, with 81 companies unlocking nearly $70 billion worth of shares over the next thr...- Prosus backs Ixigo; Bira's founder brews troubleIxigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today's ETtech Top 5.
- IPO-bound WeWork India narrows loss to Rs 14 crore in Q1, revenue rises 19%Co-working major WeWork India is launching its Rs 3,000 crore IPO this week, despite posting a Rs 14.14 crore loss in Q1, though revenue gr...
- 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...
- Sebi puts WeWork IPO on abeyance; Indira IVF Hospital withdraws DRHPWeWork India IPO:Sebi has put WeWork India's IPO in abeyance while returning Star AgriwareHousing’s offer documents. Indira IVF Hospital wi...
- Embassy Buildcon owner of WeWork India and WeWork Inc to divest around 25% stake through IPOWeWork India filed its DRHP for an IPO to raise funds, offering 25% of its stake. The firm posted strong financials, with FY2024 revenue gr...
- WeWork’s Rs 1,200-crore deal collapses; ETSA Bootstrap Champ winner BoultHappy Friday! Bankruptcy-hit coworking firm WeWork Inc.’s plan to exit the India unit via a secondary stake sale has fallen through. This a...
- WeWork India stake sale to give Embassy Buildcon partial exitIn a two-part deal, Embassy will also spend around Rs 700 crore from the fund raise on acquiring US-based WeWork Inc.’s 27% stake in the In...
- Combating OTP frauds; Ather’s new funding roundHappy Tuesday! The government is working with SBI Card and telecom companies to tackle the menace of OTP-based online payment frauds. More ...
- 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.
- WeWork not keen to sell India unit stake but talks still onWeWork Inc. has refused to buy back its 27% stake in WeWork India, which is owned by the Embassy Group. The company sought insolvency prote...
- WeWork India says not impacted by US-based WeWork Global's bankruptcy warningWhile announcing its quarterly result, WeWork said, "...as a result of the company's losses and projected cash needs, combined with increas...
- Tata Sky broadband signs on-demand enterprise deal with WeWorkThis deal serves as a positive reinforcement back to growth for workspace providers post-COVID-19 and demonstrates the steadily rising dema...
- With 10,000 desks and 7 lakh sq ft sold, WeWork India boasts new high in quarter salesThe firm has also raised additional Rs 200 crore to fuel its growth from both domestic and international investors.
- SoftBank seeks majority stake in WeWork with bailout dealThe bailout situation underscores the rapid unraveling of the once-high-flying startup. This summer, WeWork appeared to be headed toward a ...
- JPMorgan’s WeWork IPO pursuit many years and loans in makingWeWork will need to keep tapping markets to carry out its expansion into more types of properties and businesses in coming years, creating ...
- WeWork files for I.P.O., joining the ranks of Uber, Lyft, SlackWeWork filed paperwork confidentially with the U.S. Securities and Exchange Commission to hold an initial public offering.
- WeWork’s revenue doubled last year. So did its lossesThe company has sometimes timed financial discussions with announcements of fundraising deals from SoftBank, including when WeWork raised a...
- We Work may buy back stake in India biz for up to $1 billionVirwani and his team are scheduled to meet WeWork and its co-founder Adam Neumann in the third week of this month to discuss a potential $1...
- DLF leases 2.25 lakh sq ft office space to US co-working player WeWorkWeWork, the platform for creators has recently entered the Delhi-NCR market with launch of its collaborative space in Gurgaon.
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