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WeWork India operator says in talks to raise $200 million

WeWork India, operated by real estate developer Embassy Group, saw talks to raise $100 million from Indian lender ICICI Bank break down following bad sentiment from the We Company’s botched initial public offering and now the firm is in early discussions to raise $200 million in fresh funding from new investors, said Indian real estate tycoon and billionaire Jitu Virwani.

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