November 14th, 2018SoftBank Corp has reportedly invested another $3 billion in financing into the co-working major WeWork. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher.
This will value WeWork at $42 billion minimum. In August, SoftBank...
October 22nd, 2018The Indian arm of the popular co-working company WeWork that is based in New York has picked up 0.5 million sq ft office space in one of the largest deals by a co-working company.
The space has been leased across four locations in two major property markets of Mumbai Metropolitan Region and Bangalore. This would push the company’s...
July 16th, 2018The year 2018 witnessed an increase in the office space leasing by 10 percent to over 20 million sq ft. This increase has been recorded in the first six months of this year. This clearly shows how the demand for co-working space is rapidly growing recently.
What is office space leasing/ co-working leasing? Nowadays, the trend of...
April 12th, 2018myHQ, a co-working space based in Delhi, came up with the new initiative of re-designing specific metro coaches into a perfectly equipped co-working space in a bid to make its co-workers’ time more productive while commuting.
In the recent years, the work life of the modern Indian has changed tremendously making every second of...
April 26th, 2017Co-working space provider Awfis has received USD 20 million (over Rs 128 crore) in funding from Sequoia India that will be used to expand network of centres and enhance technology platform.
Awfis plans to establish over 100 centres with more than 35,000 seats across Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata and Pune in...
April 26th, 2017The Office Pass, a Gurgaon based co-working place has raised USD 245,000 seed funding from angel investors including Arun Tadanki, former MD of Yahoo India and Southeast Asia.
The fresh funds will be used in enhancing the platform and hiring technology and product talent.
The office pass co-working space in running by three former...
January 31st, 2017SoftBank Group is considering an investment of more than $1 billion in office-space sharing start-up WeWork, the Wall Street Journal reported, citing people familiar with the matter.
The deal could be among the first from SoftBank's $100 billion technology fund, the report said. SoftBank and WeWork declined to comment.
WeWork is...
October 26th, 2016India’s leading shared office provider BHIVE Workspace has launched its largest co-working office in the heart of the Bengaluru city. The new office will be located at Prestige Towers, Residency Road and will have a capacity of over 600 members. With this, the company will strengthen its position as the largest co-working space...
September 22nd, 2016CoLife, a network of shared living & working spaces and operating under the brands CoLive247.com has announced securing $1 million in seed fund. Seasoned investors participated in the seed round of the company through a structured CCD (Compulsory Convertible Debenture) as per the application with the ROC.
The company has been...
July 24th, 2016WeWork Cos, the office-space sharing start-up with an estimated $16 billion valuation evicted one of its tenants which wrote and take down a negative blog on medium that suggests members leave has surged in recent months.
The posting on Tuesday by Justin Zhen, whose data analytics firm Thinknum operates out of a WeWork site on 42nd...
July 24th, 2016Qdesq, a workspace rental platform, has raised an undisclosed amount from a clutch of investors, led by Kajaria Ceramics Joint MD Rishi Kajaria, Jaipuria Beverage and Food Director Ruchirans Jaipuria and Jai Drinks Director Anuraag Jaipuria.
The angel round also saw participation from existing investors Dheeraj Jain (Partner,...
