Cowrks has hired Morgan Stanley and BAML to raise $350m in an equity investment funding round to fuel its expansion plans. The company is looking for a new CEO after the departure of former chief executive John McGrane, who was replaced by COO David Eby.
Cowrks has hired Morgan Stanley and BAML to raise $350m in an equity investment funding round to fuel its expansion plans. The company intends to extend its network of 23 co-working centres beyond India’s tier one cities aiming to have 70-75 venues by the end of the year and grow its membership from 23,000 to 75,000.