BTTV Correspondent Aastha Chopra spoke with Karan Virwani, MD and CEO of WeWork India, on the company’s upcoming IPO and growth outlook. Virwani said the IPO marks a major milestone after eight years of building the business, making it self-sustaining and cash flow positive. He emphasized that fresh capital would strengthen the platform under Embassy Group while supporting India’s entrepreneurial ecosystem with flexible workspaces. On performance, he highlighted that mature buildings already record over 80% occupancy, with EBITDA margins of 22%, and targets remain healthy even as new capacity is added. Virwani ruled out international expansion, noting India’s huge growth potential where WeWork currently holds less than one percent of the market.

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