Less than six months after launching WeWork Labs. Its programme to help early-stage startups scale in India. Co-working giant WeWork said that 11 out of 31 firms incubated in Gurgaon have raised a combined of $5.5 million.
Startups such as PerkFinance, SpotDraft, Sqrrl, Upgame and others. All incubated out of WeWork Labs in Gurgaon have raised capital from reputed venture capitalists. WeWork is now planning to expand the programme to include four Labs in India by the end of the year, one in Mumbai which recently became operational, one in Bengaluru and the second Lab in Gurgaon. Labs will also be opened in Chennai and Hyderabad, cities where WeWork plans to expand into next.