WeWork India Listed

Choice between a monthly subscription or a tenured contract, and access from one centre or across multiple locations.

Lets companies convert real-estate capital expenditure into an operating expense.

Positioned to let companies grow headcount while keeping real-estate cost lean.

Individual and early-stage teams needing flexible, ready-to-use workspace.

Enterprise clients using dedicated office suites and Global Capability Center (GCC) solutions.

Shared workspace access via a prepaid, monthly WeWork membership, or day passes paid per use.

76 centres across 8 cities in India (as reported on the company's own site).

Website enquiry forms, phone and email support for prospective members.

Leasing buildings from property owners, completing fit-outs, and operating them as fully managed, tech-enabled offices for members.

Buildings leased from property owners and fitted out as WeWork-operated centres.

Embassy's venture exclusively licenses the WeWork brand in India for 99 years.

Majority owner and promoter (73% stake as of Nov 2024); India's real-estate developer partner behind the JV.

Brand licensor and minority shareholder (27% stake as of Nov 2024).

Ready-to-move-in or customisable private offices, and coworking spaces billed by the hour, day, or month.

Enterprise office suites, managed offices and hybrid digital solutions for larger clients.

D&A expense rose 11% year-on-year to INR 823.7 Cr in FY25 (from INR 744.1 Cr in FY24), the largest disclosed cost category, reflecting fit-out and right-of-use asset costs across its leased centre network.

Finance costs increased 18% year-on-year to INR 597.8 Cr in FY25 (from INR 507.7 Cr in FY24), consistent with interest on lease liabilities and borrowings typical of a leased-real-estate operator.

Employee costs rose 16% year-on-year to INR 155 Cr in FY25, up from INR 133.9 Cr in FY24.

Other operating expenses across the centre network rose 15% year-on-year to INR 467.7 Cr in FY25, up from INR 407.2 Cr in FY24.