Latest news with #Incuspaze
Time of India
29-07-2025
- Business
- Time of India
Incuspaze leases three lakh sq ft office space in Jaipur
NEW DELHI: Incuspaze , a flexible office space provider, has acquired three lakh sq ft spanning in three distinct properties - The Edge on Tonk Road; Sitapur a Campus in Sitapur and GT Landmark in Malviya Nagar in Jaipur . Sanjay Chatrath , co-founder & managing partner of the company said, "With India witnessing a surge in Global Capability Centre (GCC) activity beyond metros, cities like Jaipur are becoming vital to the next phase of enterprise decentralisation and digital transformation." As part of its 2024 expansion strategy, the company has marked its entry into key metros, Bengaluru, Chennai, Mumbai, and Pune, and expanding in Delhi NCR and Lucknow, adding nearly two million sq ft to its portfolio. Currently it manages over four million sq ft portfolio and aims to add another two million sq ft by December 2025. In FY25, 1.7 million sq ft has been added across Delhi-NCR, Bengaluru, and Pune. Recently it acquired TRIOS Co-working which added 1.5 lakh sq ft through 12 centres in Pune and Gurugram. The company expects to close FY26 with ₹350–400 crore in revenue, paving the way for an IPO.
Hindustan Times
29-07-2025
- Business
- Hindustan Times
Incuspaze leases 3 lakh sq ft of Grade A office space in Jaipur
Flexible office space provider Incuspaze has leased 3 lakh sq ft of Grade A office space across three locations in Jaipur, as part of its Tier 2 expansion plan, the company said in a statement. Incuspaze said it has leased 3 lakh sq ft of Grade A office space in Jaipur as part of its Tier 2 expansion strategy. (Picture for representational purposes only)(Pixabay) The office spaces are located at The Edge on Tonk Road, Sitapura Campus in Sitapur, and GT Landmark in Malviya Nagar. This marks the company's first large-scale foray into Rajasthan and is aimed at capitalising on Jaipur's growing appeal among Global Capability Centres (GCCs), startups, and corporates seeking agile, cost-effective workspaces outside India's metros, the company said. 'Jaipur is fast emerging as a strategic choice for enterprises, GCCs, and innovation-driven businesses,' said Sanjay Chatrath, co-founder and managing partner at Incuspaze. 'Our expansion here is a calibrated response to the evolving demand in Tier 2 cities where talent depth, infrastructure upgrades, and affordability intersect to create high-value office ecosystems.' Located near Jaipur International Airport and well-connected to residential and commercial districts, the new Incuspaze centres will offer lounges, meeting rooms, and recreational zones, as well as biophilic interiors. Also Read: Incuspaze acquires Pune's Trios to expand coworking biz, targets ₹350-400 crore National growth fuels IPO ambitions The company said that the Jaipur expansion is part of a broader 2024 strategy under which Incuspaze has added nearly 2 million sq ft across metros like Bengaluru, Mumbai, Chennai, Pune, and in existing hubs such as Delhi NCR and Lucknow. The company now reach a national footprint in over 18 cities with a portfolio exceeding 4 million sq. ft. Also Read: Incuspaze to invest ₹100 crore to add 2 million square feet by 2025-end In FY25 alone, Incuspaze added 1.7 million sq ft of space across key urban centres and is targeting an additional 2 million sq ft by December 2025, it said. The company's recent acquisitions of TRIOS Co-working and tech-focused VSKOUT are also reinforcing its presence in regional markets and enhancing service capabilities for the GCC segment. Incuspaze is projecting a revenue of ₹350–400 crore in FY26, setting the stage for a potential IPO.
Entrepreneur
08-07-2025
- Business
- Entrepreneur
Incuspaze Acquires VSKOUT to Boost Tech-Driven Real Estate Solutions
The acquisition will strengthen Incuspaze's capabilities in delivering real-time, data-driven property intelligence to clients, especially Global Capability Centres (GCCs) and large enterprises. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Workspace solutions provider Incuspaze has announced the acquisition of VSKOUT, a B2B SaaS platform specialising in curated data analytics for commercial real estate (CRE). The strategic deal, structured as a combination of cash and equity swap, aims to integrate high-tech intelligence into Incuspaze's rapidly growing office space offerings across India. Founded in 2016 by Saumya Kumar and Pankaj Jain, VSKOUT has built a strong reputation for its proprietary analytics tools, real estate data mapping, and deep insights into India's CRE ecosystem. The acquisition will strengthen Incuspaze's capabilities in delivering real-time, data-driven property intelligence to clients, especially Global Capability Centres (GCCs) and large enterprises. "This is not just an acquisition, it is an alignment of visions," said Sanjay Choudhary, Founder and CEO of Incuspaze. "By combining our expansive footprint with VSKOUT's advanced intelligence tools, we're confident in building a future-ready, sustainable business that will redefine how enterprises strategize and scale." With over 4 million sq. ft. across 50+ locations in 18 cities, Incuspaze offers managed offices, co-working, asset leasing, and design-and-build services. The integration of VSKOUT's predictive analytics and benchmarking capabilities will bring enhanced dashboard experiences, occupancy forecasting, and location insights to enterprise clients. VSKOUT's co-founders will continue to play pivotal roles in the combined entity. Saumya Kumar will lead the GCC vertical and spearhead research and data innovation, while Pankaj Jain will drive the technology stack powering both revenue generation and workplace experience. "Beyond the synergy in services, the cultural fit and aligned goals make this a seamless transition," said Kumar and Jain in a joint statement. "Our teams are now co-creating a data-first future for the real estate and workspace sector." The merger also opens doors for launching white-label data solutions for developers and subscription-based insights for enterprises, positioning the entity as a tech-first leader in India's evolving workspace landscape.
Time of India
06-07-2025
- Business
- Time of India
Incuspaze buys realty analytics company VSKOUT
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: Flexible workspace provider Incuspaze has acquired VSKOUT , a business-to-business software-as-a-service solution offering data analytics for commercial real estate, just days after acquiring Pune-based smaller rival deal was structured as a combination of cash and equity swap, the Gurgaon-based companies said without disclosing further financial newly merged entity aims to redefine how global capability centres (GCCs) and enterprises approach growth, site selection and strategy. The GCC market in India is projected to expand to $99-105 billion by 2030 from $64.6 billion in 2023-24."We plan to build a sustainable business in the real estate industry that is fit for the future. VSKOUT's technology and deep understanding of the industry will help us deliver an enhanced experience and innovative solutions to clients," said Sanjay Choudhary, founder and CEO of real-time property intelligence will enable smarter, faster, and more scalable solutions for corporates across India and GCCs, he said."Beyond the synergy in services, the cultural fit and aligned goals make this a seamless transition. Our teams are now co-creating a data-first future for the real estate and workspace sector," Saumya Kumar and Pankaj Jain, co-founders of VSKOUT, said in a which secured $8 million in funding last year, is expected to close its $25 million pre-initial public offering round in the next few company is targeting revenue of Rs 350-400 crore in this financial year, up from Rs 150 crore in 2024-25, banking on acquisitions and an expected increase in leased space to drive growth.
Hindustan Times
25-06-2025
- Business
- Hindustan Times
Incuspaze acquires Pune's Trios to expand coworking biz, targets ₹350-400 crore
Managed office space provider, Incuspaze, has acquired Pune-based co-working firm Trios in a cash and stock deal to expand its business, the company said. The company did not mention the deal value. Managed office space provider, Incuspaze, has acquired Pune-based co-working firm Trios in a cash and stock deal to expand its business. (Representational Image)(Incuspaze) With the acquisition of TRIOS, Incuspaze strengthens its footprint in the Pune market, aligning with its ambition to become a full-stack workspace provider for MNCs and Global Capability Centers (GCCs). "In a 100 per cent acquisition with a cash and stock deal, the topline revenue will be up by 10–15 per cent, contributing towards Incuspaze's target of ₹ 350-400 crore revenue for 2025–26," the company said. "The integration is expected to unlock substantial value through revenue synergies, advanced technology capabilities, operational efficiencies, and the standardization of services across all locations. This move is also a strategic step as Incuspaze prepares for a potential IPO within the next 24 to 36 months," the company said. Also Read: Incuspaze to invest ₹ 100 crore to add 2 million square feet by 2025-end 'This acquisition will not only expand our regional footprint but also drive cost efficiencies and customer experience standardization across all locations,' said Sanjay Choudhary, Founder and CEO of Incuspaze. 'TRIOS is a natural strategic and cultural fit, and their tech capabilities will enhance our roadmap for elevating workplace experiences.' The integration is expected to bring substantial value through operational efficiencies, enhanced technology platforms, and uniform service standards across locations. Importantly, TRIOS' founding team will continue to play an active role post-acquisition, aiding in a smooth transition and integration process. Sanjay Chatrath, Co-founder and Managing Partner at Incuspaze, described the acquisition as a 'pivotal step' toward building a PAN-India network of flexible workspaces. 'TRIOS' stronghold in Pune complements our national strategy and will unlock synergies across operations, technology, and customer experience,' he noted. The TRIOS acquisition takes Incuspaze's portfolio to over 50 locations in more than 18 cities across India. The company is now focused on accelerating its expansion across both Tier-1 and emerging Tier-2 markets through a combination of strategic M&A and greenfield growth. Established in 2016, Incuspaze has a presence in over 50 locations across 18 cities with a total portfolio of 4 million sq ft.
