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Our story

Launched in 2017, we are a leading premium flexible workspace operator in India. According to CBRE, we have been the largest operator by total revenue for the past three fiscal years.

AGR recognises us as a category-defining, aspirational brand with a loyal customer base. We have played a significant role in the growth of the flexible workspace sector and contributed to the evolution of its products and services, as noted by CBRE. According to Everest Industry Report, among 440 flexible workspace operators in India, we are the top 10 operators. We are also the exclusive licensee of the WeWork brand in India


We are majority owned and promoted by Embassy Group, one of India’s leading real estate developers. Embassy Group has developed over 85 million square feet of commercial real estate and is the sponsor of Embassy REIT, India’s first REIT and Asia’s largest office REIT by leasable area, as noted by CBRE. Our business model focuses on leasing buildings from landlords, completing fit-outs, and transforming these spaces into fully managed, modern, tech-enabled, and productive offices for our members.

Our evolution

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Founding

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Early expansion

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Market expansion and growth

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Pioneering digital innovation

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Cultural recognition

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Strategic funding

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Market leadership

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Strategic growth and expansion

Descriptions

Entered the Indian market with our flagship centre in Bangalore, expanding to Mumbai and Gurgaon

Pioneered an innovative financing structure for CapEx investments

Launched WeWork All Access

Expanded into Pune, Noida, and Hyderabad

Launched 25th centre

Launched WeWork On-demand and VIrtual Office products, diversifying services to meet evolving market needs

Equity infusion of ₹ 7,578 million by WeWork Global

Certified as Great Place to Work by GPTW

Secured ₹4,500 million in structured funding

Expanded into Delhi

Launched 50th centre

Launched WeWork Workplace

Significant growth in managed office footprint, cementing our role as a leading flexible workspace operator

Expanded into Chennai

Timeline

March 2018

March 2019

March 2020

March 2021

March 2022

March 2023

March 2024

September 2024

Operational leasable
0.7
2.7
4.7
4.7
4.7
5.5
6.3
6.5
Operational centres
6
21
34
35
37
43
53
59

*The information is provided as of September 31, 2024

Why choose WeWork

Our value proposition