WeWork Labs said it has helped early - stage start - ups in India raise $ 5.5 billion in the 12 months since it launched in the country . The co - workspace provider reported that 11 of the 31 firms incubated in its cloud - based labs have been funded by reputed venture capital firms . The company plans to open three more labs in India by the end of the year .
WeWork Labs said it has helped early-stage start-ups in India raise $5.5m in the six months since it launched in the country. The co-workspace provider reported that 11 of the 31 firms incubated in its Gurugram-based lab have been funded by reputed venture capital firms. The company plans to open three more labs in India by the end of the year.