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New Delhi: wework indiaA flexible workspace provider, leased from eleven west 92,000 sq ft building Banner, Pune From Panchsheel Realtythe company said in a media release.
The company is also partnering Panchsheel Realty for the Golden Bell.
It recently raised Rs 550 crore from a fund managed by BPEA Credit, a private credit platform used for future growth and potential consolidation opportunities.
The company claims to have turned profitable this year and achieved a revenue of Rs 1,300 crore at the end of the year. Currently, the EBITDA jump is 250% from a loss of Rs 120 crore in CY21 to a profit of Rs 175 crore in CY22, it said in a media release.
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