{"id":895598,"date":"2025-01-14T09:10:02","date_gmt":"2025-01-14T03:40:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=895598"},"modified":"2025-01-14T09:20:21","modified_gmt":"2025-01-14T03:50:21","slug":"wework-india-raises-rs-500-crore-via-rights-issue-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/14\/wework-india-raises-rs-500-crore-via-rights-issue-2\/","title":{"rendered":"WeWork India raises Rs 500 crore via rights issue"},"content":{"rendered":"<p>Co-working major WeWork India announced on Monday that it has raised \u20b9500 crore through a rights issue of securities. The funding comes from its shareholders, WeWork\u2019s global parent and the Embassy Group.<\/p>\n<p>The funds will be used to repay existing debt, reduce the cost of capital, and help the company achieve a debt-free status, the company stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-working major WeWork India announced on Monday that it has raised \u20b9500 crore through a rights issue of securities. The funding comes from its shareholders, WeWork\u2019s global parent and the Embassy Group. The funds will be used to repay existing debt, reduce the cost of capital, and help the company achieve a debt-free status, the company stated.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-895598","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=895598"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895598\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=895598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=895598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=895598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}