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Innov8 plans to raise Rs 100 crore in a primary funding round, aiming for a valuation of Rs 1,200 crore to support its expansion. The coworking startup intends to add 4 million sq ft of managed office space in India over the next three years and double its coworking centres to 100 by 2025. The funds will facilitate strategic growth opportunities, including acquisitions and technology upgrades, with InCred leading the fundraising efforts.
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