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flag WeWork India reports FY24 loss but sees revenue growth and raises Rs 500 crore for expansion.

flag WeWork India, a flexible workspace provider, reported a FY24 loss of Rs 130.8 crore, down from Rs 144.5 crore the previous year. flag Despite a 19% rise in total expenses to Rs 1,864.3 crore, operating income grew 26% to Rs 1,661.6 crore, with membership fees making up 84% of income. flag The company raised Rs 500 crore to reduce debt and support expansion, highlighting investor confidence in its growth strategy.

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