What’s In WeWork India’s IPO Destiny?

After Awfis went public in 2024, adopted by Smartworks and IndiQube this 12 months, all eyes are actually on WeWork India. Earlier this month, WeWork India obtained SEBI’s nod for its INR 3,500 Cr to INR 4,000 Cr public subject, which is able to solely comprise a 100% provide on the market. 

Whereas early backers are anticipated to money in on the itemizing, can the IPO ship sustainable returns for retail traders?

Ghost Of The Previous: The most important reputational threat to WeWork India comes from the troubled previous of its world mum or dad WeWork Inc., which filed for chapter in 2023 and was subsequently offered. The worldwide entity’s 27% stake within the Indian firm additionally raises crimson flags round governance and transparency. 

The Premium Drawback: Whereas rivals like Smartworks and Awfis provide related companies at a 3rd of its price, the coworking big’s high-end positioning limits its addressable market. On high of this, excessive buyer acquisition prices, steep rental bills and over-reliance on costly tier I places additionally go away the corporate weak to tight margins, focus threat and contract churn.

Then, there’s the problem of the 100% OFS part, which suggests no recent capital for progress and growth regardless of heavy lease obligations and rising actual property prices in a crowded market.

A Glimmer of Hope: The one factor that advantages WeWork India is its model recognition and the actual property may of the Embassy Group, which owns 74% of the corporate. The wholesome progress in revenues may additionally work in favour of the corporate because it walks down the D-Avenue aisle. 

For context, WeWork managed to trim its loss to INR 135.77 Cr in FY24 towards an working income of INR 1,665.14 Cr, up 26.7% YoY. Nevertheless, in H1 FY25, it reported a restated revenue of INR 174.6 Cr.

However, with the coworking juggernaut successfully saddled with a unfavorable internet value and a mess of challenges, is there actually any upside for retail traders as WeWork India commits to its D-Avenue voyage?

From The Editor’s Desk

Desi Farms Acquires Suruchi Dairy: The Pune-based D2C dairy model has acquired the 28-year-old dairy firm for about INR 130 Cr in an all-cash deal. Whereas Desi Farms acquired a 51% stake in Suruchi Dairy in June, it is going to purchase the remaining 49% stake subsequent month.

IndiQube Muted Public Itemizing: Shares of the workspace options supplier listed at INR 218.7 apiece on the BSE, down 7.7% from the problem value of INR 237. The corporate ended the buying and selling session at INR 217.9 on the BSE, down a marginal 0.37% in comparison with its itemizing value.

JFS To Elevate INR 15,825 Cr: The fintech main is seeking to increase the capital through a non-public placement of convertible warrants to members of its promoter group. This comes at a time when the RIL-backed monetary companies main is placing its fintech tremendous app plans into movement.

Fino’s Q1 Revenue Tanks: The funds financial institution’s internet revenue fell 27.4% to INR 17.7 Cr in Q1 FY26 from INR 24.3 Cr in the identical interval final 12 months. In the meantime, earnings from curiosity rose 34.4% YoY to INR 60.9 Cr. The rationale for the decline in revenue was an increase in tax expense.

Jio’s $6 Bn IPO: Including on to what appears to be a perennial dialogue about Reliance Jio Infocomm’s IPO, Reliance Industries has initiated discussions with SEBI to promote a 5% stake within the telecom big through an INR 52,465 Cr public itemizing. 

HSBC Initiates Protection On Ather: Shares of the EV maker jumped virtually 4% to INR 358.05 within the morning commerce on the BSE after HSBC initiated protection on the corporate with a ‘Purchase’ score. The brokerage gave Ather a goal value of INR 450.

Freshworks Trims Q2 Loss: The Nasdaq-listed SaaS main trimmed its consolidated internet loss by 91.4% to $1.7 Mn in Q2 2025 from $20.2 Mn within the year-ago quarter. In the meantime, revenues jumped 17.5% YoY to $204.7 Mn throughout the quarter below evaluate. 

SpeakX To Elevate $11 Mn: The AI-based edtech is about to lift recent funds in its Pre-Sequence B spherical from current investor Elevation Capital, with WestBridge Capital additionally becoming a member of the cap desk. The startup permits customers to refine their English expertise through AI-led conversations.

Inc42 Startup Highlight

Can ZILO Repair Trend Fast Commerce?

Fast commerce has taken the style world by storm, however early gamers like Blip folded shortly, exposing the failings in chasing velocity with out stable execution. Whereas prospects need comfort, most mass premium style customers nonetheless purchase offline as a result of on-line platforms are cluttered, with many providing a subpar expertise.

Fixing Trend Commerce: ZILO, based by Myntra and Flipkart veterans, goals to repair style ecommerce by combining velocity with curation and operational rigour. Fairly than flooding customers with infinite choices, it provides a tightly curated choice from 80+ manufacturers like Levi’s, Uncommon Rabbit, and Jack & Jones, delivering inside 60 minutes in choose areas. 

The Massive Alternative: With over 25 Mn prosperous Indians purchasing 25+ occasions a 12 months, and 83% of mass premium purchases nonetheless occurring offline, ZILO has an opportunity to digitise the mall expertise. The founders are constructing a contemporary, omnichannel platform backed by a hybrid fulfilment mannequin and AI-powered personalisation.

With the fitting execution, can ZILO be one other Myntra within the making?