Tag: Sanjay Choudhary

CommercialLatest Stories

Incuspaze Secures ₹150 Crore for FY29 IPO Expansion

NEW DELHI: Flexible workspace provider Incuspaze has secured Rs 150 crore in a funding round led by Bharat Value Fund along with various financial institutions. This funding will enhance its foothold in key commercial markets, accelerate technological advancements, and facilitate acquisitions as the company prepares for a public listing planned for FY29. This latest capital infusion follows the company’s initial funding in July 2024, where it raised $8 million (Rs 67 crore) through the India Inflection Opportunity Fund. “This infusion of capital will help us expedite our growth plans, deepen our market presence in strategic areas such as Hyderabad, invest…

CommercialLatest Stories

Incuspaze Purchases iKeva

NEW DELHI: Incuspaze, a provider of managed workspaces, has completed a 100% acquisition of iKeva, a workspace operator with locations in Hyderabad and Bengaluru. This strategic move is expected to contribute approximately ₹100 crore to the company’s revenue. iKeva operates 18 centers, totaling five lakh square feet across Hyderabad and Bengaluru. Incuspaze plans to expand its office space by an additional five lakh square feet by FY27. The company aims for a revenue target of ₹1,000 crore by FY28–29 and is set to prepare for an IPO within the next 24 to 36 months. Published On Jun 8, 2026 at…

CommercialLatest Stories

Incuspaze Acquires Pune’s Trios to Boost Co-Working Space

Incuspaze, a provider of managed office spaces, has acquired the Pune-based co-working firm Trios in a cash-and-stock transaction to enhance its business footprint. The specifics of the deal have not been disclosed. Founded in 2016, Incuspaze currently operates in over 50 locations across 18 cities, with a total portfolio covering 4 million square feet. Trios, established in 2017, runs 12 co-working centers in Pune and Gurugram. In a statement released on Monday, Incuspaze indicated that the acquisition of Trios is a strategic move to meet the increasing demand for flexible workspaces in Pune. “This complete acquisition, executed through a cash-and-stock…