Co-working startup WeWork India raises $26.6m to grow biz

A classroom format room at WeWork

Co-working startup WeWork India on Monday said it has raised 200 crore in a mix of debt and equity from one domestic investor and one foreign investor. The company didn’t name the investors.

The Indian affiliate of New York-based WeWork said it leased 10,000 desks across 700,000 sq ft in the March quarter despite the slow pace of overall leasing of commercial office space during the period. Around 70-80% of the space has been taken up by large companies while the rest is by smaller firms and individuals.

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