Managed Workspace Firm Incuspaze Secures Rs 150 Crore to Fuel Expansion, Eyes FY29 IPO
New Delhi, June 29 -- Co-working and managed office space operator Incuspaze has closed a Rs.150 crore funding round, with Bharat Value Fund leading the investment and other financial institutions also participating. Entrackr first reported the development.
According to the report, Incuspaze intends to channel the new capital into four areas: scaling up its footprint in major business districts, upgrading its technology infrastructure, funding further acquisitions, and laying the groundwork for a stock market listing it is targeting for FY29.
Incuspaze was founded in 2016 by Sanjay Choudhary and Sanjay Chatrath. The company runs more than 80 centres spread across 18 Indian cities, putting over 4 million sq ft. of office space under its ...
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