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Peak XV and Link Investment to Divest 12.2% Stake in Awfis Space Solutions

Dec 11, 2024over 1 year ago

Contract Type

partnership

New DelhiReal Estate

Description

Promoter Peak XV Partners and shareholders Bisque Ltd along with Link Investment Trust plan to sell a 12.2 per cent stake in Awfis Space Solutions through a block deal, as reported by CNBC-TV18.

Company Information

Company

Awfis Space Solutions

Location

New Delhi, Delhi, India

About

Awfis Space Solutions Ltd. (‘Awfis’) is the largest flexible workspace solutions company in India based on total number of centers (as of June 30, 2023).  We provide a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (“SMEs”) as well as for large corporates and multi-national corporations. Our flexible workspace solutions cater to varied seat cohorts ranging from a single seat to multiple seats, which can be contracted by our clients for a period ranging from one hour to several years. Over time, we have evolved from a co-working space to an integrated workspace solutions platform.

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