WeWork India Management Limited
ICICI Prudential Mutual Fund bought 14,21,799 shares of WeWork India Management Limited for ₹99.18 Cr at ₹697.55 apiece in a block deal.
A flexible workspace operator providing shared office solutions across India's major cities. The company offers customizable work environments for startups, entrepreneurs, and established businesses seeking cost-effective alternatives to traditional office spaces. WeWork India distinguishes itself through its focus on community-driven workspaces, modern amenities, flexible lease terms, and high-speed connectivity tailored to diverse business needs and professional requirements across multiple metropolitan locations.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.