Set up in 2017 as a JV between the Embassy Group and the American co-working company, WeWork India will see a change in its ownership structure.
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Between Awfis, WeWork India and Table Space, the country’s co-working startups have done well to avoid the narrative and valuation associated with technology companies.
Despite the large number of internet users in India, the vast majority don’t have the ability to pay. Google’s Play Store charge could push several internet companies out of business.
The antitrust agency’s two orders against the tech giant (and the associated penalties) are unlikely to change anything soon.