India-based coworking provider Awfis Space Solutions is reportedly in talks to close a $25 million funding round led by private equity firm ChrysCapital.
If the ChrysCap deal is finalized, it will be the company’s first big investment into a tech-enabled business.
Awfis will use the funding from Sequoia Capital, Three Sisters, and Inno-ven Capital to further expand the pace of its growth.
So far, Awfis has raised about $51 million from equity, including a $20 million financing round last July.