WeWork India raises Rs 500 cr via rights issue to cut debt, drive growth

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WeWork India has raised Rs 500 crore through a rights issue to reduce debt and support growth. Major shareholders Embassy Group and WeWork Global have invested, aiming to make the company debt-free. WeWork India has expanded to 8 cities with 63 operational centers since its 2016 inception.

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WeWork India raises Rs 500 cr via rights issue to cut debt, drive growth

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