Edition:
India

Embassy Group Chairman Says WeWork India In Talks To Raise $200 mln In Fresh Funds


Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Embassy Group Chairman::WEWORK INDIA OPERATOR IN TALKS WITH NEW INVESTORS TO RAISE $200 MILLION IN FRESH FUNDS FOR WEWORK INDIA, SAYS EMBASSY GROUP CHAIRMAN.EARLIER TALKS TO RAISE $100 MILLION FROM LENDER ICICI BANK FELL THROUGH DUE TO NEGATIVE SENTIMENT FROM WEWORK IPO: EMBASSY.WEWORK INDIA OPERATOR’S PLANS TO SELL MAJORITY STAKE IN INDIA BIZ TO THE WE COMPANY INDEFINITELY DELAYED, SAYS EMBASSY GROUP CHAIRMAN.