Indian coworking space brand Awfis to receive a $40 million investment from A91 Partners, an early-stage venture capitalist.
Awfis currently operates 88,000 seats across 150 centers in 17 cities.
The company is looking to use the capital to expand its presence across other Tier-I cities and reach 200 centers by mid-2023.
So far, Awfis has raised $90 million from investors, including ChrysCapital, Sequoia India, Link Investments LLC, and InnoVen Capital India.
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