Date | Title | Description |
25.07.2024 | Incuspaze's $8 Million Leap: A New Era for Flexible Workspaces in India**
** | ** In the bustling landscape of India's flexible workspace market, Incuspaze has made a significant splash. The company recently secured $8 million in its first funding round, led by the India Inflection Opportunity Fund (IIOF) and other fi... |
24.07.2024 | Co-working startup Incuspaze raised $8 M maiden funding from IIFO, others | In its first fundraising round, workspace solution provider Incuspaze raised about $8 million, with the India Inflection Opportunity Fund (IIOF) and other financial institutions leading the charge.
According to a statement from the business... |
22.07.2024 | Co-working startup Incuspaze raises $8 Mn in maiden funding | Workspace solution provider Incuspaze has raised around $8 million led by the India Inflection Opportunity Fund (IIOF) and other financial institutions in its maiden funding round.
This strategic investment will beef up Incuspaze’s capabili... |
14.07.2024 | Awfis, Zomato Touch All-Time High Mark Amid A Mixed Week For New-Age Tech Stocks | SUMMARY
Awfis emerged as the biggest gainer, with its shares zooming over 12% this week
Paytm, Zomato, Nykaa, PB Fintech, and ixigo were among the 10 new-age tech stocks which gained this week
Yudiz emerged as the biggest loser this week. M... |
08.07.2024 | Co-working space provider Smartworks converts into public company | Smartworks, a company that provides co-working space solutions, went public. With this, the business takes a step closer to its intended initial public offering (IPO).
The resolution to convert Smartworks from a private to a public company ... |
03.07.2024 | FirstCry and Unicommerce receive approval for their IPO from SEBI | Initial public offerings (IPOs) by SoftBank-backed FirstCry, an omnichannel retailer with a focus on kids’ products, and Unicommerce, an e-commerce SaaS startup, have been given final approval by the Security Exchange Board of India (SEBI).... |
01.07.2024 | SoftBank-backed FirstCry, Unicommerce get SEBI approval for IPO | Kids-focused omnichannel retailer FirstCry and ecommerce SaaS startup Unicommerce, both backed by SoftBank, have received final approval from the Security Exchange Board of India (SEBI) for their initial public offering (IPOs).
FirstCry had... |
01.07.2024 | SoftBank-backed FirstCry, Unicommerce get SEBI nod for IPOs | The SoftBank logo at its headquarters in Tokyo | Credit: Reuters
Two companies backed by SoftBank--Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry and e-commerce-focused SaaS company Unicommerce eSolutions--ha... |
28.06.2024 | Co-working space provider Smartworks raised over $20 M from Keppel, others | Ananta Capital Ventures Fund I, Plutus Capital, Keppel, family trusts, and high net worth individuals have contributed a total of Rs 168 crore ($20.24 million) to Smartworks, a provider of co-working space solutions.
In a statement, Smartwo... |
24.06.2024 | CCI authorizes WeWork Inc.’s withdrawal from coworking spaces in India | WeWork Inc.’s departure from its local co-working unit, WeWork India Private Limited, was approved by the Competition Commission of India (CCI) on Tuesday.
The CCI states that the exit will feature the following structures. While Embassy Bu... |
24.06.2024 | SEBI approves Ola Electric’s $660 M IPO | The Security Exchange Board of India (SEBI) has finally given Ola Electric the all-clear to proceed with its initial public offering (IPO), six months after the company filed a draft red herring prospectus (DRHP).
Ola Electric submitted the... |
21.06.2024 | Awfis Reports Profit in Q4 FY24
KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute
Hyderabad Aims for World-Class Status
Ferrari's First Electric Car Debuts | ECONOMY & POLICY Awfis Reports Profit in Q4 FY24
21 Jun 2024 3 Min Read CW Team
Awfis, a leading provider of shared workspace solutions, reported a profit of Rs 1.3 crore in the fourth quarter of FY24. This marks a significant milestone... |
20.06.2024 | Ola Electric gets SEBI nod for $660 Mn IPO | Six months after filing a draft red herring prospectus (DRHP), Ola Electric has finally received a go ahead signal for its initial public offering (IPO) from the Security Exchange Board of India (SEBI).
In December 2023, Ola Electric filed ... |
19.06.2024 | CCI approves WeWork Inc exit from Indian co-working space | The Competition Commission of India (CCI) has approved the exit of WeWork Inc. from its local co-working unit WeWork India Private Limited on Tuesday.
According to the CCI, the exit will have the following structures. Real Trustees will acq... |
19.06.2024 | Awfis Turns Profitable In Q4 With INR 1.4 Cr PAT, Operating Revenue Jumps 45% YoY | SUMMARY
The recently-listed coworking startup had posted a net loss of INR 13.8 Cr in the March quarter of previous fiscal year
Awfis’ operating revenue jumped over 45% YoY to INR 232.3 Cr in Q4 FY24
Awfis’ FY24 net loss narrowed over 62% t... |
17.06.2024 | Trucking marketplace Blackbuck converts to public company | The internet-based trucking marketplace Blackbuck has gone public. With this, the business takes a step closer to its intended initial public offering (IPO).
The resolution to convert Blackbuck from a private to a public company has been ap... |
05.06.2024 | ixigo Sets IPO Price Band At INR 88-93, Aims To Raise INR 740 Cr | SUMMARY
ixigo’s IPO comprises a fresh issue of shares worth INR 120 Cr and an offer for sale component of 6.67 Cr shares worth INR 620 Cr
ixigo is set to become the fourth new-age tech startup to go for a mainboard IPO in 2024 after Awfis, ... |
03.06.2024 | Awfis Space Solutions Sees Successful Debut
Railway's Nagpur unit sees Rs 4.27 billion in freight revenue
Cochin Shipyard wins new order from Adani's Ocean Sparkle in Udupi
UP to transform historic fo... | ECONOMY & POLICY Awfis Space Solutions Sees Successful Debut
03 Jun 2024 2 Min Read CW Team
Awfis Space Solutions, a leading provider of coworking spaces, witnessed a stellar debut in the stock market, with its shares closing over 9% hi... |
31.05.2024 | NSE Indices launch India's first EV index; Awfis Space gains 9% on debut | - |
30.05.2024 | Stocks to watch on May 30: Tata Steel, Awfis Space Solutions, Cummins India | - |
30.05.2024 | Decent debut: Awfis Space Solutions lists at 14% premium over issue price | - |
30.05.2024 | Trade set-up for May 30: F&O expiry, weak global cues, Awfis debut in focus | - |
27.05.2024 | Awfis IPO Receives Strong Response, Issue Oversubscribed 108X On Final Day | SUMMARY
The coworking space provider’s IPO received bids for 93.68 Cr shares as against the 86.29 Lakh shares on offer
QIBs oversubscribed their quota by 116X, placing bids for 54.68 Cr shares as against 46.75 Lakh shares reserved for them
... |
24.05.2024 | Awfis IPO: Issue Closes With Over 11X Subscription | SUMMARY
As per BSE data, the Awfis IPO received bids for 9.84 Cr shares as against the 86.29 Lakh shares on offer on its final day
RIIs bid for 3.29 Cr shares against the 15.58 Lakh shares on offer for them, resulting in an oversubscription... |
23.05.2024 | Leading the Charge: How Awfis became a Public Company in the challenging coworking space sector Recovery from the pandemic has positioned Awfis to go public, with an IPO size of INR 577-599 crore, inc... | - |
22.05.2024 | Trading guide for May 22: BSE m-cap at $5 trn, Awfis Space IPO, FII selling | - |
22.05.2024 | Co-working space operator Awfis Space IPO fully subscribed on Day 1 | - |
22.05.2024 | Ixigo gets SEBI nod for IPO; Oyo withdraws listing plans | Le Travenues Technology Limited, which operates the travel booking platform ixigo, has received the final nod from SEBI for its initial public offering (IPO), the market watchdog notified on Wednesday.
In February, Ixigo re-filed its draft ... |
22.05.2024 | Awfis Raises Rs 2.68 Bn from Anchor Investors Pre-IPO
Reliance, Nel Partner for Hydrogen Electrolysers
GE T&D India Sees 112% Surge in FY24 Order Bookings
Indian PM2.5's Oxidative Potential Far Ex... | ECONOMY & POLICY Awfis Raises Rs 2.68 Bn from Anchor Investors Pre-IPO
22 May 2024 2 Min Read CW Team
Awfis, a leading coworking space provider, has successfully raised Rs 2.68 billion from anchor investors ahead of its upcoming initial... |
22.05.2024 | IPO Alert: Awfis Space Solutions opens today: Should you subscribe? | - |
21.05.2024 | Awfis Space Solutions garners Rs 268 cr from anchor investors ahead of IPO | - |
17.05.2024 | IPO-bound Awfis reports Rs 616 Cr income in first 9 months of FY24 | The year 2024 is turning out to be IPO season as over a dozen companies are ready to make their debut on the stock exchange. In the past 10 days, two companies – TBO Tek and general insurance Go Digit went public. Now, Awfis is slated to ge... |
16.05.2024 | Awfis Space Solutions' IPO to open on May 22, at Rs 364-383 per share | - |
10.05.2024 | On May 15, Digit Insurance to launch its smaller IPO | According to Go Digit General Insurance, its IPO is scheduled to begin on May 15 and end on May 17. A fresh issue of shares valued at Rs 1,125 crore and an offer for sale (OFS) of 54,766,392 shares are included in the company’s red herring ... |
25.04.2024 | Swiggy's Path to IPO Success | Swiggy, the food delivery giant, is on the brink of launching its $1.25 billion IPO as it secures shareholders' approval to raise over Rs 10,400 crore. The board at Swiggy has given the green light to a special resolution to raise funds thr... |
25.04.2024 | Swiggy gets shareholders’ nod to float $1.25 Bn IPO | Foodtech decacorn Swiggy is inching closer towards its public listing as the Bengaluru-based firm received shareholders’ nod to float its $1.25 billion IPO.
The board at Swiggy has passed a special resolution to raise up to Rs 3,750 crore (... |
23.04.2024 | Peak XV-backed Awfis nears $100-mn revenue mark as it moves a step closer to IPO | Premium
Amit Ramani, founder & CEO, Awfis Space Solution
Co-working space provider Awfis, which counts venture capital firm Peak XV Partners and private equity firm ChrysCapital as its investors, has received regulatory approval for a p... |
23.04.2024 | TBO Tek, Awfis Space Solutions receive Sebi's approval to float IPO | - |
23.04.2024 | Awfis, TBO receive final nod from SEBI for IPO | Co-working solutions provider Awfis has received the final nod from securities and exchange board of India (SEBI) for its initial public offering (IPO), the market watchdog notified on Tuesday.
The Delhi-based firm had filed its draft red h... |
02.04.2024 | 50 per cent home buyers prefer larger homes | Real Estate 50 per cent home buyers prefer larger homes
02 Apr 2024 11 Min Read Editorial Team
The ‘bigger is better’ mantra continues to drive the Indian housing market. The FICCI-ANAROCK Consumer Sentiment Survey (H2 2023) found that the ... |
14.03.2024 | At 27% Mumbai Sees Highest Coworking Rental Growth Since FY20 Among Top 5 Flex Workspace Hubs | Mumbai, Maharashtra, India
Avg. monthly rentals per seat for flexi spaces in Mumbai stood at INR 15,900 as of FY 2024 while back in FY2020 it was INR 12,500 per seat
Gurugram witnessed 19% growth in same period – from INR 8,500 per seat in ... |
07.03.2024 | Awfis Expands, Leases 1 Lakh Sq Ft in Bhubaneshwar | Real Estate Awfis Expands, Leases 1 Lakh Sq Ft in Bhubaneshwar
07 Mar 2024 CW Team
In a strategic move towards expansion, Awfis, a leading player in the flexible office space sector, is making substantial strides by leasing approximately 1 ... |
26.12.2023 | myHQ by ANAROCK Partners With Awfis to Add 100+ New Coworking Centers for On-Demand Day Passes | Mumbai, Maharashtra, India
Tie-up adds over 15 new cities to the flexi-workspace portfolio.
Of 10.5 mn. sq. ft. office space absorbed in Q3 2023 in top 7 cities, coworking accounts for approx. 20% share.
Post COVID-19, 70% of Indian compani... |
26.05.2023 | A91 may invest $40 mn in Awfis after Kapoors’ exit | A91 may invest $40 mn in Awfis after Kapoors’ exit 2 min read Sneha Shah 26 May 2023, 11:33 PM IST
So far, Awfis has raised $90 million from investors, including ChrysCapital, Sequoia India, Link Investments, and Innoven Capital.
Premium Am... |
15.03.2021 | Co-Working Space Startup Awfis Raises Rs 40 Crore From Existing Investors | Awfis, a Delhi-based Co-working space firm, has raised Rs 40 crore from two existing investors, Bisque Limited and Link Investment Trust.
As per regulatory filings, Bisque Limited has invested Rs 39.4 crore in the co-working firm, whereas L... |
27.05.2020 | Sequoia-backed coworking rental startup Awfis raises $5.3 mn | Shashank Didmishe 27 May, 2020
Coworking space provider Awfis Space Solutions has raised $5.3 million (Rs 40 crore) in a mix of equity and debt from British radiator company Bisque and New Delhi-based Link Investment Trust.
A bulk of the fu... |
26.05.2020 | Awfis bags Rs 40 Cr in its ongoing Series D round | Co-working space provider Awfis has secured Rs 40 crore in a mixed funding round of debt and equity from its existing investors- Bisque Limited and Link Investment Trust.
The Delhi-based company’s Series D round kicked off in August last ye... |
11.10.2019 | WeWork India wants to raise funds, expand and turn profitable, despite parent’s IPO debacle | Global office rental giant WeWork’s IPO debacle has cast a strong shadow over its future as well as its brand. And in a move to shrug off any bad association, its Indian affiliate, WeWork India, is reportedly looking to raise a new USD 200 ... |
11.08.2019 | India-Based Coworking Space Company Awfis Raises $30 Million | New Delhi-based Awfis announced it raised $30 million in Series D funding led by ChrysCapital
Awfis — a New Delhi-based startup that rents co-working spaces to companies — announced it raised $30 million in Series D funding led by ChrysCapi... |
08.08.2019 | India co-working space sees new funding wave as market expands | India’s already crowded and competitive co-working space is witnessing a new wave of fundings, as two local startups, GoWork, and Awfis, have recently secured their latest financing rounds.
Gurgaon-based GoWork received a USD 53 million deb... |
07.08.2019 | Awfis raises $30 mn funding from ChrysCapital | Co-working spaces start-up Awfis has raised an additional $30 million in its fourth round of funding from investor ChrysCapital. Existing investors, Sequoia India & The Three Sisters Institutional Office also participated in the current... |
06.08.2019 | Daily funding roundup - August 6th, 2019 | Zero has raised $2.8M; Squad landed $5M; Suralink closed $5.25M; Backbone secured $10M
Zero: Zero is a fasting app. Zero has raised $2.8 million from True Ventures and Trinity Ventures. Read more
Squad: Squad is a cloud-based online marketp... |
06.08.2019 | Awfis raises $30 mn in fourth round of funding led by ChrysCapital | - |
06.08.2019 | India’s Awfis raises $30M to grow its co-working spaces business | Speaking of businesses that operate co-working spaces in India, New Delhi-based startup Awfis announced today that it has raised $30 million in a new financing round to expand its footprint in the country.
The Series D round for the four-ye... |
06.08.2019 | Co-working startup Awfis snags $30m led by ChrysCapital, joined by Sequoia | Premium
Awfis Space Solutions, a homegrown co-working space provider, has raised $30 million in a Series D funding round led by private equity firm ChrysCapital.
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06.08.2019 | Awfis bags $30 Mn Series D round from ChrysCapital, Sequoia and others | Co-living and co-working segments have been undergoing a lot of actions this year. Be it Gurugram-based GoWork, GoHive or Bengaluru- headquartered NestAway, all these startups have raised over huge funding collectively.
Yet another co-worki... |
18.07.2019 | Sequoia-backed Awfis to raise $13.2m from Bisque, Link Investment Trust | Premium
Sequoia Capital-backed Awfis Space Solutions, a homegrown co-working space provider, is raising about $13.24 million (Rs 89.99 crore) in equity and debt funding from Bisque Ltd and Link Investment Trust.
Continue reading this story ... |
17.07.2019 | Awfis raising $13.2 Mn from Bisque and Link Investment Trust | Co-working space provider Awfis is raising Rs 90 crore ($13.24 million) from Bisque Ltd and Link Investment Trust. The funding round, which is a mix of equity and convertible debt, has come after its $20 million Series C round in July last ... |
30.05.2019 | India: ChrysCapital in talks with Awfis for leading $25m funding round | Premium
Sequoia Capital-backed Awfis Space Solutions, a homegrown co-working space provider, is in talks with India’s one of the largest private equity firm ChrysCapital for a $25-million funding round, The Economic Times reported.
Continue... |
26.07.2018 | India’s answer to WeWork raises $20M | WeWork rivals are in the money this year. India’s biggest rival to the U.S. co-working giant, a Mumbai-headquartered startup called Awfis, announced that it has raised $20 million in new capital for expansion. The news comes just after Hong... |
25.07.2018 | Co-working space provider Awfis secures $20 Mn Series C round from Sequoia, others | Co-working space provider Awfis has raised $20 million in series C funding from its existing investors Sequoia Capital, The Three Sisters: Institutional Office (TTS:IO) led by Radha Kapoor and Temasek-backed InnoVen Capital.
With the fresh ... |
25.07.2018 | Sequoia-backed Awfis gets $20 mn in equity funding, venture debt | Delhi-based Awfis Space Solutions Pvt Ltd, which offers shared working spaces, has raised $20 million in its Series C round of funding from new and existing investors, the company said in a statement.
Existing investors who put in money wer... |
25.07.2018 | India: Co-working space provider Awfis raises $20m from Sequoia, others | Premium
Awfis Space Solutions, a home-grown co-working space provider, has raised $20 million in a Series C funding round from existing investors Sequoia Capital, Radha Kapoor-led The Three Sisters: Institutional Office (TTS:IO) and Temasek... |
26.04.2017 | Sequoia India invests $20m in shared workspace start-up Awfis | Premium
Awfis Space Solutions, a start-up that provides shared workspaces, has raised $20 million from Sequoia Capital India to fund its expansion plans.
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26.04.2017 | Sequoia Capital invests $20 million in Awfis, a shared workspace start-up | Awfis, which opened its first shared workplace for start-ups in Delhi in 2015, is a joint venture between Nelson India founder Amit Ramani and The Three Sisters: Institutional Office. Sequoia Capital invests $20 million in Awfis, a shared w... |
- | Awfis Raises $30 Mn In Series D Funding Led By ChrysCapital | Delhi-based coworking space provider Awfis has raised $30 Mn in a Series D funding round. The investment was led by ChrysCapital, with participation from Sequoia Capital India and The Three Sisters Institutional Office. Awfis says it would ... |
- | Exclusive: Awfis Raises INR 40 Cr From Bisque Limited, Link Investment Trust | At a time when the coworking industry is facing huge losses, Delhi-based coworking space provider Awfis has raised fresh funding, which may help the company to mitigate the impact of Covid-19 on their business.
According to the ministry of ... |
- | Awfis raises additional Rs 15 Cr in Series E round | Awfis Space Solutions Pvt Ltd, a fully tech-enabled workspace solutions platform, has raised Rs 15 crore ($1.8 million) in a Series E1 round led by existing investor Bisque Limited.
As per RoC filings accessed by YourStory, Bisque Limited ... |
- | Coworking Space Provider Awfis Raises $20 Mn From Sequoia India | Collaborative coworking space provider Awfis has raised $20 Mn from Sequoia India.
Commenting on the investment Amit Ramani – Founder & CEO, Awfis said, “We have seen a huge demand in the market for coworking spaces and have created a s... |
- | Funding Galore: Indian Startup Fundings Of The Week [24 April – 29 April] | Softbank Global gave its final nod to the Flipkart and Snapdeal merger via an in-principle, non-binding approval for the deal. It will hold 20% stake in the merged entity and has also approved a plan to buy out Snapdeal’s existing investors... |
- | The Top 60 Startup Coworking Spaces In India | Image Credits
Coworking spaces – a more evolved concept in the west, are now a popular trend in the Indian startup community. The idea of an open, communicative, barrier-less office culture is finally catching up on this side of the economi... |
- | Coworking Space Provider Awfis Raises $20 Mn In Series C Funding | Collaborative coworking space provider Awfis has raised $20 Mn in a Series C funding round from existing investors Sequoia Capital, The Three Sisters: Institutional Office (TTS:IO), and InnoVen Capital.
Awfis was founded by Amit Ramani in 2... |
- | Awfis Brings Coworking Desks To Homes As Employers Switch To Remote Working | As Covid-19 fears continue, employers are still trying to figure out the right model. While a few are still hesitant on switching completely to a remote working environment, the likes of Salesforce and Twitter, by allowing employees to work... |
- | Awfis Space Solution | “The Largest Network of Flex Workspaces in India - Awfis offers coworking spaces, enterprise solutions & ultimate mobility solutions for clients of all sizes. Equipped with high-speed wi-fi, meeting rooms with video conferencing facilit... |