Awfis Space raises $20 million in series C funding
Awfis Space Solutions, India’s largest home-grown co-working spaces provider, has raised $20 million in series C funding from its existing investors globa
Awfis Space Solutions, India’s largest home-grown co-working spaces provider, has raised $20 million in series C funding from its existing investors global venture capital firm Sequoia Capital, The Three Sisters: Institutional Office (TTS:IO) led by Radha Kapoor and Temasek Group company InnoVen Capital.
Prior to this, the company had raised $31 million through two rounds from TTS:IO and founder Amit Ramani. In its maiden exposure to the company, the California-based Sequoia Capital had invested $20 million in the company last year.
In the latest round, the investors have valued the company at Rs 1,000 crore. The recent investment will fund the company's next growth phase.
Awfis has now scaled up to 25,000 seats across 55 centers compared to 5,800 desks across 20 centers in July last year.