Incuspaze: Co-working startup raises $8 Mn in maiden funding

Incuspaze, a workspace solution provider, enabled a huge investment of $8 Mn led by India Inflection Opportunity Fund along with other financial institutions.

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This funding is huge for the company as it will increase its ability to offer the best workspace solutions to enterprises, MSMEs, and startups.

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Incuspaze is already boasting a portfolio of 3 million square feet across 18 cities and 44 locations.

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Just recently, they have leased a whopping 220,000 square feet of space in Gurugram’s M3M Urbana project, roughly the size of a small city given over to coworking spaces.

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With Sanjay Choudhary at the helm, the company wants more: deeper forays into southern India are planned for Bengaluru, Chennai, and Hyderabad.

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The India Inflection Opportunity Fund, leading the funding round, closed its pre-IPO fund at $60 million back in November of last year.

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