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WeWork India has leased 84,947 sq ft space in Vi John Tower in Gurugram

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WeWork leases about 85,000 sq ft co-working space in Gurugram

The centre will have a seating capacity of 1,351 desks with rent varying from Rs 6,000 to Rs 14,000 per seat per month.

WeWork India, a fully-owned subsidiary of Embassy Group, has leased 84,947 sq ft space in Vi John Tower in Gurugram, the company said in a media release.

The centre will have a seating capacity of 1,351 desks with rent varying from Rs 6,000 to Rs 14,000 per seat per month.

Last month, the company had said that it plans to raise about Rs 1,421 crore to fund its growth and more than double the number of desks it operates to 1,00,000 by 2020.

The company currently has over 47,000 desks in 28 locations across NCR, Mumbai, Bengaluru and Pune.

Source: ET Realty

(Note: The story has been published without modifications to the text. Only the headline and intro have been changed.)

ALSO READ:Fidelity Investments cuts value of Contrafund’s stake in WeWork by 35%

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