Awfis raises $20m for expansion

New Delhi: Co-working space provider Awfis has received $20 million in funding from Sequoia India that will be used to expand network of centres and enhance technology platform. Awfis plans to establish over 100 centres with more than 35,000 seats across Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata and Pune in the next 24 months, it said. The funds will be used to grow the network of centres, launch new and innovative products/services and further enhance the existing technology platform, it added.