Wework India Archives - Flex Insights

WeWork India Grows Revenue to Rs 1,665 Cr in FY24, Eyes IPO Amid Restructuring Challenges 0

WeWork India reported a 26.7% revenue growth to Rs 1,665 crore in FY24, reducing losses and achieving a strong EBITDA margin of 64.42%. Amid its global parent’s restructuring, WeWork India is considering an IPO with a $2-2.5 billion valuation, reflecting confidence in India’s flexible workspace demand.

WeWork India Launches Premium 61,000-sq ft Office Space in Bengaluru 0

WeWork India has launched its 61st building, WeWork 37 Cunningham, a 61,120 sq ft premium office space in Bengaluru. It features 891 desks and caters to large enterprises and C-suite executives with sustainable design, concierge services, and ISO certification support. WeWork now manages over 90,000 desks across eight cities.

WeWork India Expands Footprint in Delhi-NCR with 400,000 Sq Ft Leases 0

WeWork India is leasing over 400,000 square feet across three key locations in Delhi and Gurgaon, marking a major expansion in the Delhi-NCR region. The leases include Prestige Trade Tower, Bharti Worldmark 6, and DLF Cyber City, as demand for flexible workspaces continues to surge in the area.

WeWork India Partners with myHQ by ANAROCK for On-Demand, Virtual Office Expansion 0
- Industry News
- August 7, 2024
myHQ by ANAROCK has partnered with WeWork India to be the exclusive tech, marketing, and sales partner for WeWork’s on-demand products. This collaboration aims to enhance flexible workspace options and targets growth from 30,000 to 100,000 monthly bookings by 2024-25. The partnership aims to cater to India’s growing freelance and gig workforce.
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WeWork India Renews Major Lease in Mumbai 0
- Industry News
- August 3, 2024
WeWork India renews its lease for 1.4 lakh sq ft in Mumbai’s Nesco IT Park at ₹2.25 crore monthly. The five-year deal includes escalating rent rates. This move follows recent expansions in Noida and Bengaluru, highlighting the rising demand for flexible workspaces across India’s major cities.
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WeWork India Expands | Leases 1.4 Lakh Sq Ft in Noida and Bengaluru 0
- Industry News
- July 26, 2024
WeWork India expands with 1.4 lakh sq ft of new office space in Bengaluru and Noida, opening in September-October 2024. The new locations will offer over 2,400 desks, enhancing WeWork’s presence across 57 locations in major Indian cities to meet the rising demand for flexible workspaces.
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