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Table Space eyes $2.5B valuation in India IPO
Table Space is targeting a valuation of $2.5 billion or higher for an India IPO planned planned for 2025.
Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. Table Space’s IPO and expansion plans come at a time of mild uncertainty in the global flexible workspace sector. While WeWork’s high-profile struggles have cast doubts on the viability of the co-working space business model around the world, demand for flexible office spaces in major Indian cities remains strong, driven by a growing technology sector and multinational corporations seeking to reduce long-term lease commitments.
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