WeWork India raises INR 200 Cr; looks to turn profitable in 2021
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WeWork India has raised INR 200 Cr in debt and equity from investors and said it reported its best quarter in terms of sales. The company didn’t disclose the names of the two investors. With the funding, the company expects to expand its business and become profitable in 2021. “We are poised for sustainable long term growth and are aiming for profitability in 2021,” Virwani said.