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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines