Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

RMZ Spire in Hyderabad and Manyata Redwood in Bengaluru have signed WeWork India leases. Both buildings, which will begin construction in the next months, are in technical hubs.

Flexible supplier of office space WeWork India has signed a long-term lease with real estate developer K Raheja Corp for a commercial facility in Pune with almost 100,000 square feet of space.

WeWork India CEO Karan Virwani predicts fourth-quarter sales of INR 1,500 crore and its most profitable and highest-grossing third quarter.

Sandeep Mathrani, an Indian-American real estate sector veteran, was promoted to chief executive officer after the co-working startup's botched IPO bid almost three years ago.