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  • WeWork India CEO Karan Virwani Sees Surge in Flexible Office Demand Amid Market Challenges

    WeWork India CEO Karan Virwani Sees Surge in Flexible Office Demand Amid Market Challenges0

    WeWork India’s CEO Karan Virwani highlights a growing demand for flexible office spaces across startups to Fortune 500 companies, despite tariff upheavals and economic uncertainty. With India’s coworking market rapidly expanding, WeWork India plans an IPO to capitalise on its leadership in the sector, reflecting confidence in continued growth and operational profitability.

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  • WeWork India Unveils ₹3,000 Crore IPO: Key Details, Dates, and Strategic Insights

    WeWork India Unveils ₹3,000 Crore IPO: Key Details, Dates, and Strategic Insights0

    WeWork India is set to launch its ₹3,000 crore IPO, opening for bids from October 3 to October 7, 2025. This is a pure offer for sale (OFS), with no fresh shares being issued and significant stakes being sold by major shareholders. The offering underscores the company’s position in the Indian flexible workspace sector, with planned listings on both NSE and BSE.

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  • WeWork India Posts First Profit of ₹128 Crore in FY25 Fueled by Deferred Tax Gains

    WeWork India Posts First Profit of ₹128 Crore in FY25 Fueled by Deferred Tax Gains0

    WeWork India achieved a major financial milestone in FY25 by reporting its first-ever profit after tax (PAT) of ₹128.2 crore, a significant turnaround from the ₹135.7 crore loss recorded in FY24. This profitability was largely driven by a substantial deferred tax gain of ₹285.7 crore, which offset the operational losses the company otherwise would have incurred. The company’s operating revenue grew by 17% year-on-year, reaching ₹1,949.2 crore, reflecting robust demand for flexible workspace solutions across India. As WeWork India prepares for its upcoming IPO with SEBI approval in hand, the company aims to capitalise on rising investor interest in the coworking sector.

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