Ashoka WhiteOak decreased its stake in Awfis Space Solutions Limited from 2.55% to 2.36%, selling 139,000 shares for ₹3.7 Cr at ₹266.45 apiece.
A workspace solution provider operating across India, AWFIS Space Solutions offers flexible office spaces tailored to diverse client needs. The company serves individual professionals, startups, small and medium enterprises, and large corporations with customized desk solutions and office configurations. Since its incorporation in 2014, it has addressed the growing demand for flexible workplace arrangements in India's corporate sector through innovative workspace designs and infrastructure.
India equity vehicle of WhiteOak Capital, the Singapore-headquartered manager founded in 2017 by Prashant Khemka, former CIO of Goldman Sachs Asset Management's India Equity and Global Emerging Markets businesses. WhiteOak group manages USD 10.8 bn (~Rs 96,000 cr) across SMAs and funds. Ashoka India Opportunities Fund ranks as the best-performing India UCITS fund since 2018 inception.