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Aya Lin · · 1 min readIn brief: India’s GoWork secures $53m in debt financing
- Indian co-working startup GoWork has raised US$53 million in a debt financing round led by asset management firm BlackRock, The Economic Times reported.
- The financing is for a period of 24 months, said a senior exec at GoWork.
- The startup looks to use the proceeds from the funding towards expansion, marketing, and scouting for potential acquisitions.
- GoWork competes with Oyo-backed Innov8, WeWork, and Sequoia-backed Awfis Space Solutions in India.
Editing by Charmaine de Lazo
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