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DeepNewz, mobile.
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WeWork Inc is set to sell a 27% stake in its India unit through a Rs 1,200 crore secondary deal. The shares are being acquired by entities including Enam group's family office, A91 Partners, Mithun Sacheti, and Vallabh Bhansali. This move is part of WeWork's strategy to exit from its Indian operations, as incoming investors believe the future of office spaces will lean towards flexible options provided by WeWork, moving away from traditional office setups.
#LeadStoryOnET | Zeroing in on EVs: #NikhilKamath buys big part of #SachinBansal’s holding in #Ather https://t.co/77pQJBqOPa
WeWork Global In Talks To Sell Entire Stake In WeWork India: Report https://t.co/so8Spv18Wc https://t.co/NTBekHQubv
News Brief. WeWork is exiting its India arm. Incoming investors believe companies will increasingly shun their own offices and shift to WeWork's flexible offices. This makes it a simple office leasing business. No tech, no spirituality valuation nonsense. https://t.co/L97K1IHstQ
