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

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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.

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