WeWork India gets SEBI nod for ₹3,500 cr exit-only IPO
WeWork India has secured SEBI approval for a ₹3,500 crore IPO, fully structured as an Offer for Sale. Embassy Group and WeWork Global will divest stakes, with no new capital raised. Despite strong profits and above 80% occupancy, the IPO prioritises investor exits over expansion funding, amid booming co-working demand and rising listings in the flexible workspace sector.