DevX, the coworking space provider, finally shook off its post-listing slump, rising nearly 5% to INR 56.50 on trading. The stock had previously hit the lower circuit in four out of five sessions and was trading over 16% below its listing price, leaving investors anxious.
Strong FY25 Performance Boosts Confidence
The turnaround comes on the back of strong financial results for FY25:
Net profit…
Coworking Giant Slashes Losses by 58%, Files for ₹700 Cr IPO — Is This India’s Next Big Tech Listing?
India’s booming startup ecosystem just crowned its newest rising star.
IndiQube, the flexible workspace unicorn-in-the-making, has pulled off something few in the real estate or tech world expected: ₹1,059 crore in revenue AND a massive 57% cut in net losses — all in the same financial…
WeWork India Management Ltd., the Indian arm of the global coworking space giant WeWork, has officially received approval from the Securities and Exchange Board of India (SEBI) to launch its much-anticipated initial public offering (IPO). This marks a significant milestone for the company and signals strong investor interest in the rapidly growing coworking and flexible workspace sector in…
