Embassy Buildcon pledges WeWork shares to raise ₹200 crore1 min read . Updated: 26 Aug 2019, 12:26 AM IST
- Embassy Buildcon is pledging shares in WeWork India, representing 26% of paid-up share capital, in favour of lender ICICI Bank
- The We Co., the American firm which operates co-working office spaces under the WeWork brand, posted robust revenue growth in India
BENGALURU : Embassy Buildcon LLP, the holding company of WeWork India, is pledging its shares in the co-working firm for a ₹200 crore financing facility from ICICI Bank Ltd, according to a filing with the Registrar of Companies (RoC).
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