WeWork India Management Limited has announced a significant capacity addition in Bengaluru by entering into a new lease deed for a facility admeasuring 1,69,485 square feet. This strategic expansion is aimed at increasing the company’s operational capacity to meet the growing demand for flexible workspaces in the region. The disclosure was made on February 20, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The newly leased space at Infinix Phalladium will further bolster WeWork India’s presence in Bengaluru, one of its key markets. This expansion follows a series of recent capacity additions across India, including a 90,000 sq ft facility in Gurugram and a ₹100 crore expansion plan in Hyderabad announced earlier in 2026. The company currently operates over 73 centers across eight major cities, managing a portfolio of approximately 8.2 million square feet.

Launched in 2017, WeWork India is the country’s leading premium flexible workspace operator and the exclusive licensee of the global WeWork brand. The company is majority-owned and promoted by the Embassy Group, which provides significant credibility and execution strength. In 2025, WeWork India reached a major milestone by becoming a publicly listed company on October 10th. Recent updates include an [ICRA]A (Stable) credit rating upgrade in January 2026 and crossing the 100,000-member milestone. The company serves a diverse client base ranging from global enterprises like Amazon Web Services to high-growth startups.

For the third quarter ended December 31, 2025 (Q3 FY26), WeWork India reported a robust total revenue of ₹640.3 crore, representing a 27% year-on-year (YoY) increase and a 9.6% quarter-on-quarter (QoQ) growth. The company achieved a Net Profit (PAT) of ₹52 crore for the quarter, a massive 511.8% jump compared to the corresponding quarter of the previous year. This financial turnaround is supported by a 32.6% Return on Capital Employed (ROCE) and an improved portfolio occupancy of 83.9%. Notable investors in the company include HDFC Mutual Fund, which increased its stake to 5.483% in late 2025, while the Embassy Group remains the primary promoter with a 49.80% stake.