WeWork India IPO: Office space operator aims to rise Rs 3,000 crore; should you subscribe?
WeWork India, the flexible office operator, is in process to raise Rs 3,000 crore through an offer for sale, which will reduce the promoter stake from 73.6% to 48.1%.The Bengaluru-headquartered company, which runs 68 centres across eight cities including Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, has only recently started turning a profit, due…