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What Happened: WeWork India is seeking an IPO with a target valuation of $2 billion to $2.5 billion, as reported by The Arc. The company has reportedly appointed JM Financial as the book-running ...
Adam Neumann (Hebrew: אדם נוימן; born April 25, 1979) is an Israeli-American billionaire [4] businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he was CEO from 2010 to 2019.
In 2024, WeWork decided to exit the Indian market and sold its stake in WeWork India to Embassy Group. [173] Some commentators opined that this was a distress sale because Embassy Group was itself selling part of its stake to outside investors but at a higher price than WeWork Inc. [ 174 ]
Vivek Yeshwant Ranadivé (/ v iː ˈ v ɛ k ˌ r ʌ n ə ˈ d ɪ v eɪ / vee-VEK RUN-ə-DIV-ay; born 7 October 1957) is an Indian-American business executive, engineer, author, speaker and philanthropist. [1]
Benchmark Capital was featured in the Apple TV+ original TV series WeCrashed starring Jared Leto and Anne Hathaway.In the show, Anthony Edwards portrays Benchmark co-founder Bruce Dunlevie, who became WeWork's first major investor on the 1st of April in 2012 when Benchmark led WeWork's $17 million Series-A seed funding.
This story was first published on the Benzinga India portal. India's competition watchdog has approved the acquisition of WeWork India by Real Trustee Advisory Company and Volrado’s funds.
WeWork's India franchise has seen talks with existing backer ICICI Bank <ICBK.NS> on $100 million in new funding break down since The We Company's botched stock market launch and is in discussions ...
The company was acquired by WeWork in 2017 and remains headquartered in New York City. [3] WeWork sold it to AlleyCorp, an early stage NY-focused venture fund and incubator, in March 2020. [4] In January 2024, Bending Spoons acquired Meetup. [5] After the acquisition, Meetup introduced a free tier [6] and changed the pricing structure of its ...