Awfis is reportedly in advanced talks to raise $25m in a funding round led by ChrysCapital, one of India’s biggest private equity firms. Total gross leasing volume in India touched almost 13 million square feet during the first quarter of 2019, which was 1.45 times higher than the year-ago figure, according to data from Cushman & Wakefield India. The co-workspace provider currently operates 63 centres across 10 cities in India. “We are very excited about the opportunity that we have with this new partner,” said Awwal Shah, CEO and co-founder of Awfsis.
Awfis is reportedly in advanced talks to raise $25m in a funding round led by ChrysCapital, one of India’s biggest private equity firms. The co-workspace provider currently operates 63 centres across 10 cities in India. “We are very excited about the opportunity that we have with this new partner,” said Awwal Shah, CEO and co-founder of Awfsis.