UPDATE 2-WeWork India seeks new backers after talks with local bank collapse
October 10, 2019 at 09:01 AM EDT
WeWork's India franchise has seen talks with existing backer ICICI Bank on $100 million in new funding break down since The We Company's botched stock market launch and is in discussions on raising $200 million from other investors, the venture's chief shareholder Jitu Virwani said on Thursday.
