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Investor Interest Not Reflecting Co-working Sector’s True Potential: Awfis' Ramani | Techcircle

by techcircle.vccircle.com posted 11months ago 40 views
Late last month, co-working venture Awfis raised $20 million in its Series C round of funding from existing backers including Sequoia Capital and The Three Sisters: Institutional Office. Venture debt firm Innoven Capital came on board as a new investor. Now in its third year, Delhi-based Awfis is the best-funded startup in the Indian co-working segment. But apart from Awfis and a handful of peers such as 91springboard and Indiqube, not many others in the space have been able to catch the eye in terms of significant investment.

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