WeWork India Launches Member Services, Giving Startups Enterprise‑Grade Support Beyond the Workspace

• Bringing enterprise-grade business services to every business through one platform and a curated network of WeWork India-vetted partners. 
• Turns every WeWork India membership into a one-stop shop for the business services that exist beyond the desk

WeWork India Management Limited, the industry leader in the flexible workspace sector, today announced the launch of Member Services, a first-of-its-kind platform that redefines the value of flexible workspaces by giving businesses enterprise-grade advantages and access to a curated network of trusted service partners beyond the workplace. Available exclusively to WeWork India members, Member Services brings together a comprehensive suite of business solutions spanning administration and technology, human resources, finance and legal, sustainability and governance, and marketing, enabling businesses to access the support they need to grow - all through a single platform.

With Member Services, WeWork India is offering its members, especially startups & SMBs, a single, integrated gateway to enterprise-grade services. The launch reflects WeWork India’s continued commitment to creating greater value for its members by simplifying access to services that organisations rely on every day. Member Services is built on a simple but consequential premise: the value of a workspace should not end at its four walls. As businesses scale, they increasingly depend on multiple partners across functions such as hiring, employee wellbeing, compliance, transportation, tech infrastructure, and more. However, identifying, evaluating, and managing these relationships often remains fragmented and resource-intensive. Member Services addresses this challenge by bringing trusted partners onto a single platform. Instead of navigating multiple vendors independently, businesses can discover, evaluate and engage high-quality service providers through a trusted network designed to simplify operations and support growth.

Member Services spans five core categories of business need, starting with:

• Admin & IT - network-as-a-service, F&B, employee transportation service, IT hardware rentals & purchases, corporate merchandise
• HR - EOR staffing, employee wellness programmes, L&D, LMS platforms, HRMS solutions, relocation services, early and mid-career hiring, executive hiring, and insurance

Over the next few quarters, the categories will expand to include:

• Finance & Legal - legal retainer services, GST filing and accounting, compliance auditing, payroll compliance and processing, and IP registration and trademark filing
• Sustainability & Governance - ESG reporting and advisory, ISO certifications, carbon footprint assessments, DPDP Act readiness, labour code compliance, and waste management and recycling. 
• Marketing - digital marketing and SEO, public relations, and market research and consumer insights

For years, the conversation around workspace was about square footage and amenities. That conversation is now outdated, said Karan Virwani, Managing Director & CEO, WeWork India. Today, businesses are looking for far more than physical infrastructure; they are looking for a platform that can help them navigate complexity, operate efficiently, and scale with confidence. Over the years, we have observed a common challenge: while access to workspace has become simpler, access to the broader range of services required to run and grow a business remains highly fragmented. Member Services is our answer to that - a first-of-its-kind enterprise-grade business backbone made available to a ten-person startup with the same ease as a thousand-person enterprise.

Every partner within the Member Services platform is evaluated against defined service standards, enabling members to access trusted, high-quality solutions while reducing the complexity of vendor discovery and management. At launch, Member Services brings together partners across several critical business functions, including:

• VTT Mobility - 
• Leading enterprise mobility solutions provider - delivers technology-enabled transportation services across 55+ cities through a network of over 4,500 verified vehicles.
• 24×7 Integrated Command Centre equipped with live trip monitoring, SOS support, and centralized operational oversight.
• Serving startups, SMEs, and Fortune 500 enterprises, VTT Mobility offers scalable transportation solutions ranging from on-demand single rides to large-scale fleet deployments of over 100+ vehicles.
• Backed by robust safety and compliance standards, technology-driven operations, and real-time visibility.
• Offineeds -
• ISO 9001 and 27001 certified, GDPR compliant 100% eco-friendly corporate merchandise provider.
• Saved 50,000+ kg of plastic saved from landfills.
• Offering up to 15% discounts, complimentary logo branding, and free shipping across select locations.
• 1to1help -
• Over 25+ years in employee wellbeing, 1.2 million counselling sessions, 1,000+ organisations, 11 million lives covered, 500+ counsellors across 13+ languages, and 97% user satisfaction.
• Offering members up to 15% preferential pricing, exclusive leadership sessions and roundtables for founders and CXOs, and priority access to wellbeing products, services, and tools on the 1to1help platform.
• Welocity.ai - 
• A native AI platform that eliminates the first round entirely. 
• Conducts structured video interviews at scale and surfacing hiring-ready talent to members with deep assessment within hours.
• Members can gain direct access to a touchless AI talent delivery platform.
• Lagrange Point - Specialist executive search firm focused on leadership hiring, delivering bespoke, homegrown talent solutions to organizations across global markets. With successful leadership mandates across multiple industries - a trusted partner to leading VC funds, growth-stage companies, and multinational corporations for senior executive and board-level hiring.

Commenting on the partnership, the partners said - Shruthi M J, Director – Operations, VTT Mobility Pvt. Ltd., said: “WeWork India brings together one of the country’s most dynamic communities of startups, SMBs, and enterprises, making it an ideal platform to deliver high-quality mobility services at scale. We are delighted to partner with WeWork India to provide seamless, technology-enabled transportation solutions to its diverse member community. At VTT Mobility, we believe mobility is a strategic business enabler that can enhance employee experience, improve operational efficiency, and support productivity. This collaboration reflects our shared commitment to delivering safe, reliable, and efficient transportation services for businesses of all sizes. We look forward to supporting WeWork India’s members with scalable and customer-centric mobility solutions that evolve alongside their business needs and contribute to their continued growth.”

Srikanth Acharya, CEO, Offineeds, added, “We're excited to partner with WeWork India to bring curated merchandise solutions to a vibrant community of startups, SMEs and enterprises. By combining our expertise with WeWork India's member community, we aim to simplify branding needs while delivering quality, speed and exclusive value to businesses at every stage of growth."

Mahua Bisht, CEO, 1to1help, said: “The companies that get wellbeing right don't wait for a crisis to think about it — and they don't accept support that works in one office and falls apart in the next. WeWork India's Member Services platform lets us bring consistent, clinically-grounded evidence-based mental health support to businesses at every stage, from founding teams to global capability centres — so that clinically rigorous mental health is built in from the start, and delivered by people who understand the context its landing in.”

Sunil Bist, Co-founder & CEO, Welocity.ai, said: “We're excited to partner with WeWork India because it has built far more than a workplace network, it has built a thriving business community. Through Member Services, we're enabling members to access enterprise-grade AI hiring capabilities that help them build exceptional teams quickly, efficiently and at scale. Backed by NetConnect Global's three decades of technology and talent expertise and trusted by global enterprise clients, Welocity brings enterprise-grade hiring infrastructure to WeWork India's member community with zero upfront cost, and payment only upon a successful hire.”

Nikhil Jaiswal, Managing Partner, Lagrange Point said: “The right leadership can fundamentally change the trajectory of a business, but executive search has traditionally been less accessible for growing organisations. Partnering with WeWork India allows us to bridge that gap by bringing specialised leadership hiring and advisory services closer to its members, enabling them to build leadership teams with confidence as they scale.”

The launch of Member Services marks a new chapter in WeWork India’s member value proposition, reinforcing its focus on building a more connected and comprehensive platform that supports businesses beyond the workplace and across their broader operational journey. WeWork India is currently operational across 8 cities, with over 110,000 members, and robust relationships across key stakeholders such as landlords, IPCs, and members.

About WeWork India

Launched in 2017, WeWork India Management Limited is India’s leading premium flexible workspace operator and has been the largest operator by total revenue for the past three fiscal years. The Company operates 76 centres across 8.6 million sq ft in 8 cities - Bengaluru, Mumbai, Gurugram, Pune, Hyderabad, Chennai, Noida and New Delhi - serving over 110,000 members across Fortune 500 companies, global capability centres, enterprises and startups. WeWork India was listed on the NSE and BSE in FY26.

WeWork India to Launch ₹615–₹648 IPO on October 3; OFS Totals Over 46 Million Shares

Mr. Vinayak Prarameswaran, Chief Investment Officer, Mr. Karan Virwani, MD & CEO & Mr. Clifford Lobo, Chief Financial Officer, WeWork India Management at the WeWork India IPO conference.

• Anchor Investor Bidding Date – Wednesday, October 01, 2025
• Bid /Offer Opening Date – Friday, October 03, 2025, and Bid/ Offer Closing Date –Tuesday, October 07, 2025
• Bids can be made for a minimum of 23 Equity Shares and in multiples of 23 Equity Shares thereafter
• Red Herring Prospectus (“RHP”) link: https://wework.co.in/investors-relations/Red%20Herring%20Prospectus.pdf

WeWork India Management Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹10 each (“Equity Shares”) on Friday, October 03, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, October 01, 2025. The Bid/ Offer Closing Date is Tuesday, October 07, 2025.

The Price Band of the Offer has been fixed from ₹ 615 per Equity Share of face value ₹10 each to ₹ 648 per Equity Share of face value ₹10 each. Bids can be made for a minimum of 23 Equity Shares of face value ₹10 each and multiples of 23 Equity Shares of face value ₹10 each thereafter.

The company’s initial public offering comprises an Offer for Sale (“OFS”) of equity shares of up to 46,296,296 equity shares. The offer for sale comprises up to 35,402,790 equity shares by Embassy Buildcon LLP (“Promoter Selling Shareholder”), and up to 10,893,506 equity shares by 1 Ariel Way Tenant Limited (“Investor Selling Shareholder”).

Mr. Karan Virwani, MD & CEO, WeWork India Management addressing the audience at WeWork India Management’s Initial Public Offering

The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in compliance with Regulation 6(2) of the SEBI ICDR Regulations, wherein at least 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company in consultation with the Book Running Lead Managers, may allocate up to 60% of the QIB Portion to Anchor Investors, on a discretionary basis (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares are allocated to Anchor Investors. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (excluding the Anchor Investor Portion) (“Net QIB Portion”).

Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIB. If at least 75% of the Offer cannot be Allotted to QIBs, then the entire application money will be refunded forthwith. Further, not more than 15% of the Net Offer shall be available for allocation to non-institutional investors (“Non-Institutional Investors” or “NIIs”) (the “Non-Institutional Portion”) of which one-third of the Non-Institutional Portion shall be available for allocation to Bidders with an application size of more than ₹200,000 and up to ₹1,000,000 and two-thirds of the Non-Institutional Portion shall be available for allocation to Bidders with an application size of more than ₹1,000,000 and under-subscription in either of these two sub-categories of Non-Institutional Portion may be allocated to Bidders in the other sub-category of Non-Institutional Portion in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. The allocation to each Non-Institutional Investor shall not be less than the minimum application size, subject to availability of Equity Shares in the Non-Institutional Portion and the remaining available Equity Shares, if any, shall be allocated on a proportionate basis in accordance with the conditions specified in this regard in Schedule XIII of the SEBI ICDR Regulations.

Ms. Neha Agarwal, Managing Director & Head, Equity Capital Markets, JM Financial, Mr. Vinayak Prarameswaran, Chief Investment Officer, Mr. Karan Virwani, MD & CEO, Mr. Clifford Lobo, Chief Financial Officer, WeWork India Management & Mr. Gautam Benjamin (Business Head – Digital and Technology) at their press conference to announce their Initial Public Offering.

Further, not more than 10% of the Net Offer shall be available for allocation to retail individual investors (“Retail Individual Investors” or “RIIs”) (the “Retail Portion”) in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.

Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids being received from them at or above the Offer Price (net of Employee Discount, if any, as applicable). All Bidders (other than Anchor Investors) shall mandatorily participate in this Offer through the Application Supported by Block Amount (“ASBA”) process and shall provide details of their respective bank account (including UPI ID for UPI Bidders) in which the Bid Amount will be blocked by the SCSBs or the Sponsor Bank(s), as the case may be, to the extent of their respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE") and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).

JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited are the Book Running Lead Managers (“BRLMs”) to the issue.

All capitalised terms not defined herein would have the same meaning as attributed to them in the RHP.

Disclaimer: WeWork India Management Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed the red herring prospectus dated September 27, 2025 (“RHP”) with the Registrar of Companies, Karnataka at Bengaluru. The RHP is available on the website of our Company, at https://wework.co.in , SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited and 360 ONE WAM Limited at www.jmfl.com, www.icicisecurities.com, www.jefferies.com, https://investmentbank.kotak.com, and www.360.one, respectively, and the websites of the stock exchanges at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see the RHP, including the section titled “Risk Factors” of the RHP. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision.

The Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (a) in the United States only to persons reasonably believed to be (as defined in Rule 144A under the U.S. Securities Act and referred to in the RHP as “U.S. QIBs”), in transactions exempt or not subject to the registration requirements of the U.S. Securities Act, and (b) outside of the United States in offshore transactions as defined in and in compliance with under the U.S. Securities Act Regulation S and the applicable laws of the jurisdiction where those offers and sales occur. There will be no public offering in the United States.