Fri. Mar 29th, 2024

After owning 23 co-working centres in India, the New-York-based WeWork, is expanding its business in the country by foraying into the Pune market. The co-working platform has taken on lease over an office space of 1.22 lakh sq ft to launch 24th centre in the country.

While, according to the sources, WeWork has taken 1,22,165 sq ft office space in Panchshil Realty’s commercial project ‘Panchshil Futura’ in Pune, Maharashtra.

The sources further added that the new centre in Pune, expected to be launched early next month, will have a capacity of over 2,000 seats.

WeWork is an American company, founded by Adam Neumann and Miguel McKelvey in 2010. The company provides shared workspaces for technology startup subculture communities, and services for entrepreneurs, freelancers, startups, small businesses and large enterprises.

At present, WeWork has 23 coworking centres in India with a total capacity 39,000 seats spread over three million sq ft area. It has nine centres each in Bengaluru and Mumbai, while another five in Gurugram, Haryana.

Besides, there are other global giants that fall under the co-working category, includes Regus, Servcorp, Knotel, Innov8, and many more.

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