India, Jan. 28 -- Flexible office space provider Innov8 has concluded a Rs.110 crore primary funding round from investors, including the family office of Gauri Khan, to expand its co-working business, the company said in a statement.

Innov8 has successfully concluded a Rs.110 crore primary funding round. The company said it diluted 10 per cent to raise this fund. It said the issue was oversubscribed 2.7 times.

The round was led by prominent family offices, including Mankind Pharma, Gauri Khan, Rupa Group and Jagruti Dalmia. Together, these investors accounted for 55% of the total funds raised, the company said.

Innov8 has recently announced its plans to double its co-working centres in India to 100 in 2025. The capital raised will supp...