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LOSS IN WEWORK INDIA
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...30 Sep, 2025, 03.40 PM IST- WeWork's India franchise files for Mumbai IPOThe Indian franchisee of U.S. shared office space manager WeWork has filed for an initial public offering in Mumbai, draft papers filed by ...02 Feb, 2025, 03.32 PM IST
- WeWork India raises Rs 500 crore via rights issueThe workspace provider WeWork India said that the funds will be used to pay off its debt and lower its cost of capital. WeWork had planned ...13 Jan, 2025, 04.24 PM IST
- 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...18 Jun, 2024, 11.38 PM IST
- 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...14 Nov, 2023, 12.18 AM IST
- 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...07 Nov, 2023, 06.53 PM IST
- 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.07 Nov, 2023, 01.05 PM IST
- WeWork Global's bankruptcy won't impact India unit, says regional CEO Karan VirwaniWeWork India currently has about 6.5 million sq ft of assets signed across 50 locations in seven cities-New Delhi, Gurgaon, Noida, Mumbai, ...01 Nov, 2023, 11.29 PM IST
- WeWork India rejigs senior leadership amid 'difficult operating environment'Flexible workspace provider WeWork India on Tuesday announced the appointment of two senior leaders to its executive leadership team, as st...26 Sep, 2023, 12.42 PM IST
- Once worth $47 billion, WeWork shares near zero after bankruptcy warningThe SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty lo...10 Aug, 2023, 09.11 AM IST
- 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...09 Aug, 2023, 08.08 PM IST
- WeWork India raises Rs 550 crore from funds managed by BPEA CreditThis is the second round of funding for the WeWork India. In 2020, WeWork India raised Rs 750 crores via funding from WeWork Global which p...26 Dec, 2022, 04.24 PM IST
- WeWork India raises Rs 550 crore from BPEA Credit-managed fundWeWork India has a portfolio of around 70,000 desks spread over 6 million square feet area in 41 centres across Bengaluru, Mumbai, Gurugram...26 Dec, 2022, 11.33 AM IST
- WeWork looks to expand operated office space business across IndiaIn the company’s largest operator office deal so far, WeWork has entered into a partnership with a Noida-based real estate builder to manag...12 May, 2022, 04.02 PM IST
- Oyo Parent suffers Rs 2,385-cr net loss, operating expenses jump more than 390%The rise in total expenses comes at a time when the company has been expanding aggressively into overseas markets, particularly in China, w...26 Nov, 2019, 08.56 AM IST
- 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.23 Sep, 2019, 09.25 AM IST
- WeWork to weigh $1.9 billion deal for control of India unitWeWork, founded in 2010 and last valued at $47 billion, pioneered the concept of shared work spaces, expanding to 425 office locations in 3...15 Jun, 2019, 10.38 AM IST
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