Awfis Space Solutions Private Limited, one of India’s largest coworking provider plans to launch IPO in 2024.
This would be the first domestic IPO for a coworking brand.
“Backed by ChrysCapital and Peak XV Partners, Awfis plans to raise around $100 million to $125 million via the proposed listing and has mandated ICICI Securities, IIFL Capital, and Axis Capital as advisors,” said a report by Moneycontrol quoting multiple industry sources.
Awfis currently operates 150 spaces across 17 cities in the country, offering 88,000 seats to over 1,500 companies.
Awfis Space Solutions Private Limited, one of India’s largest coworking provider plans to launch IPO in 2024.
