Indian Co-working Firms Test Public Markets with IPOs

Several co-working space companies in India are selling shares to the public, a process called an IPO.

Awfis was the first, and its stock price went up, showing investors liked the idea.

IndiQube and Smartworks followed.

Demand for these flexible office spaces has grown a lot.

While the industry is growing, some worry about whether these companies can make a profit and how changes in technology might affect them.