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Startups

India coworking sector receives fresh funds as market expands

GoWork secures $53m in debt while Awfis draws $30m in Series D round

KOLKATA -- India's already crowded and competitive coworking space is facing another new funding wave after two local startups GoWork and Awfis recently secured their latest financing.

Gurgaon-based GoWork received a $53 million debt funding round, which is also its first from external investors including BlackRock, the world's largest money manager, and asset management firm CLSA Capital Partners.

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