India’s answer to WeWork raises $20M
https://techcrunch.com/2018/07/26/awfis-raises-20-million/
WeWork rivals are in the money this year. India’s biggest rival to the U.S. co-working giant, a Mumbai-headquartered startup called Awfis, announced that it has raised $20 million in new capital for expansion. The news comes just after Hong Kong-based Campfire pulled in $18 million.
Awfis raised its new funds, which are a Series C round, from Sequoia India, Innoven Capital — the fund connected with Singapore sovereign fund Temasek — and TTS:IO, The Three Sisters, a family fund run by the three daughters of banking billionaire Rana Kapoor.