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WeWork's India business is trying to raise $200 million after prior funding was pulled following the firm's botched IPO

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WeWork withdrew its planned initial public offering in late September after co-founder Adam Neumann stepped down.

WeWork India is battling to raise $200 million in fresh capital after a local lender pulled $100 million in funding following the The We Company's failed initial public offering, according to Reuters. The business is a franchise of WeWork owned by investors including the Embassy Group, a real estate developer based in India.

WeWork India is battling to raise $200 million in fresh capital after a local lender pulled $100 million in funding following the The We Company's failed initial public offering, according to Reuters. The business is a franchise of WeWork owned by investors including the Embassy Group, a real estate developer based in India.

 

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