Indian coworking space provider Awfis raises another $20 M in funding

By Editor 0 Comments NEWS, News

This Indian coworking space provider will use the investment capital to fund the company's next growth phase and strengthen its network across the country.

Awfis Space Solutions has raised $20 M in Series C funding from its existing investors global venture capital firm Sequoia Capital, The Three Sisters: Institutional Office (TTS:IO) led by Radha Kapoor and Temasek Group company InnoVen Capital.

Prior to this, the company had raised $31 million through two rounds from TTS:IO and founder Amit Ramani. Last year, Sequoia Capital had invested $20 M in the company.

The latest round values the company at over Rs 900 Cr (Approximately US$ 132M). The recent investment will be used to fund the company’s next growth phase and bolster its network across India.

Read more here

Join us in Madrid from the 13th to the 16th of November for the Property Portal Watch Conference.

Leave a comment

Your email address will not be published.