UPDATE 2-WeWork India seeks new backers after talks with local bank collapse
WeWork’s India franchise has
seen talks with existing backer ICICI Bank on $100
million in new funding break down since The We Company’s botched
stock market launch and is in discussions on raising $200
million from other investors, the venture’s chief shareholder
Jitu Virwani said on Thursday.
seen talks with existing backer ICICI Bank on $100
million in new funding break down since The We Company’s botched
stock market launch and is in discussions on raising $200
million from other investors, the venture’s chief shareholder
Jitu Virwani said on Thursday.
Posted by Reuters
