WeWork to Divest 27% Stake in Indian Unit

Embassy Group aims to publicize WeWork India

Embassy Group, a prominent real estate developer in India, has set its sights on taking WeWork India public following its recent acquisition. This strategic move marks a significant milestone in the Indian commercial real estate landscape and signals Embassy Group's commitment to expanding its footprint in the coworking sector.

The acquisition of WeWork India by Embassy Group underscores the growing demand for flexible workspace solutions in the country's commercial real estate market. With the rise of startups, freelancers, and remote workers, coworking spaces have emerged as a popul..

WeWork to Sell 27% Stake

WeWork, the renowned coworking space giant, is set to offload its 27% stake in its India division through a secondary deal valued at approximately Rs 1200 crore. This strategic move comes amidst WeWork's global restructuring efforts and aims to streamline its operations, focusing on core markets. The decision reflects WeWork's commitment to adapt and evolve in response to changing market dynamics.

The transaction signifies a significant shift in WeWork's investment strategy, as it seeks to optimise its portfolio and allocate resources more effectively. By divesting its stake in the Ind..

WeWork Expands to Chennai with 130,000 Sq. Ft. Space

WeWork India, the renowned provider of flexible and managed office spaces, has announced its entry into the Chennai market with a substantial 130,000 square feet of space in Olympia Cyberspace. This expansion marks the eighth city in India where WeWork has established its presence, solidifying its position as a leading provider of flexible workspaces in the country.

With a total of 54 locations spanning seven cities and boasting over 90,000 desks, WeWork India's venture into Chennai is a strategic maneuver aimed at further strengthening its footprint in the region. Particularly in the ..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..