HDFC Mutual Fund trimmed its stake in WeWork India Management from 5.55% to 5.34%, selling 2,71,501 shares.
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.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
