Governance advisory firm InGovern has flagged concerns regarding WeWork India's operations as the startup, which provides shared working spaces across India, launched its ₹3,000-crore IPO. InGovern flagged issues regarding WeWork India's weak financials, lack of transparency in disclosures and high costs. It noted that WeWork India's lease costs account for over 43% of its revenue from operations.
short by
Bhawana Chaudhary /
05:03 pm on
07 Oct