Public Market

IPO

Co-working solutions provider Awfis plans to raise Rs.600-Cr next yr

Business Standard  

Co-working solutions provider Awfis Space Solutions, is looking to raise INR 500-600 crore via IPO by next year and use proceeds for growth and expansion and for exit of shareholders. The company, which has investments from ChrysCapital and Sequoia, may also see partial exit from investors during the IPO. The company's business is expected to be worth about INR 1,000 crore with over 200 centres when it taps the public market.