Tag: coworking

Peak XV Trims Stake in Awfis as Coworking Giant Faces Market Headwinds Despite Strong Financials

NEW DELHI — In a major secondary market transaction that highlights the shifting dynamics between venture capital liquidity needs and public market performance, early backer Peak XV Partners has significantly pared down its holdings in prominent coworking space provider Awfis Space Solutions. The venture capital giant offloaded 12.2 lakh shares in a bulk deal valued […]

Coworking Space Provider Incuspaze Acquires iKeva

SUMMARY Managed and coworking space provider Incuspaze has acquired a 100% stake in Hyderabad-based iKeva The development comes as Incuspaze gears up for a potential IPO over the next 24 to 36 months The acquisition is expected to add nearly ₹100 Cr in revenue and support Incuspaze’s target of reaching ₹1,000 Cr revenue by FY29. […]

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