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Coworking space WeWork India raised INR 550 crore funding from BPEA Credit

Private equity firm BPEA Credit, located in Hong Kong, provided finance of INR 550 crore to coworking space WeWork India.

WeWork India is largely a partnership between WeWork International and Embassy Group, a major player in the real estate industry. WeWork India would reportedly utilise the capital to consolidate and develop commercial prospects, according to a PTI report. Twenty months ago, WeWork India secured 200 Cr in debt and equity capital from two unidentified investors.

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