Page 2 - Wework India

In first appointment under new CEO, WeWork names Shyam Gidumal its COO

(Reuters) - Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first major executive appointment under new head Sandeep Mathrani.

WeWork appoints US real estate industry veteran Sandeep Mathrani as CEO

WeWork needed a new leader following the departure of controversial co-founder Adam Neumann.

Coworking centre operators likely to double or treble in 2 years: Anarock

In the coworking space, top seven operators - Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard and OYO Workspaces - have more than 350 centres across cities in the country

WeWork enters Hyderabad co-working space with 7,000 desk capacity

Company makes aggressive foray into city in contrast with gradual capacity build-up elsewhere, is sure of faster occupancy here as city posted highest office-space absorption in one quarter

Debates about entrepreneurship & growth

This is a crucial issue at a time when global business leaders are committing themselves to stakeholder interests rather than only shareholder interest

SoftBank takes control of WeWork as part of bailout, Neumann to leave board

The deal would value WeWork's parent company at about $8 bn

WeWork India fights for funds, relevance; hopes to raise $200 million

Embassy Group may pitch in

WeWork India in discussion with investors to raise $200 million

Plans to double current capacity of 45,000 seats in six Indian cities by the end of next year

WeWork India forays into Noida market, to open 3 coworking centres soon

It has taken on lease nearly 1.4 lakh sq ft area from Berger Group, 74,000 sq ft from Logix and around 92,000 sq ft from Advant in Noida for three new facilities

Softbank bets on former Sprint boss Marcelo Claure to fix WeWork

Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank

Post WeWork, IPO market slams brakes on unprofitable companies

The surprise postponement of the WeWork IPO has underscored how confidence is eroding in the market both for companies looking to raise capital and investors

US-based WeWork plans co-working spaces at just Rs 5000/month in Mumbai

Wework is also, according to people with knowledge of the matter, looking to launch such economical desks in Delhi and other cities

WeWork to expand in India, leases 1.22 lakh sq ft of office space in Pune

This new centre in Pune, expected to be launched early next month, will have a capacity of over 2,000 seats, sources added

Swanky work spaces, beer on tap: WeWork on expansion drive in India

WeWork India currently has 350 to 400 big and small companies operating from its space