Draft:Incuspaze
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| Company type | Private |
|---|---|
| Industry | Coworking, Flexible Workspaces |
| Founded | 2016 |
| Founder | Sanjay Choudhary |
Area served | India |
Key people | Sanjay Choudhary (Founder & CEO) |
| Website | www |
Incuspaze is an Indian provider of flexible and managed office spaces, headquartered in Gurugram, Haryana. Founded in 2016 by Sanjay Choudhary, the company operates coworking spaces, managed offices, and enterprise solutions across multiple cities in India.
History
[edit]Incuspaze was established in 2016 to address the growing demand for flexible workspaces among startups and enterprises in India. Over the years, the company has expanded its presence to 44 locations across 18 cities, managing a portfolio of approximately 4 million square feet of office space.[1]
Services
[edit]Incuspaze offers a range of workspace solutions, including coworking spaces, managed offices, and enterprise solutions. In April 2025, the company launched a new segment called FlexLeaze, providing fit-out as a service and asset leasing solutions tailored for large and mid-sized corporates.[2]
Expansion and Funding
[edit]In November 2024, Incuspaze announced plans to raise $25 million in a pre-IPO funding round to support its expansion strategy, aiming to add another 2 million square feet to its portfolio by December 2025.[1] Earlier in July 2024, the company secured $8 million in funding from investors, including the India Inflection Opportunity Fund, to expand its business.[3]
Recent Developments
[edit]- Chennai Expansion: In April 2025, Incuspaze leased 2.5 lakh square feet of office space in Chennai's IT corridor to establish a new coworking centre with a capacity of over 4,000 seats.[4]
- Mumbai Presence: In August 2024, the company leased 57,351 square feet in Mumbai's Hiranandani Light Hall Business Park to cater to the increasing demand for flexible office spaces.[5]
- Bengaluru Growth: Incuspaze expanded its footprint in Bengaluru by leasing 3.25 lakh square feet of office space in the QUBE Software Park, Outer Ring Road, capable of accommodating over 5,000 seats.[6]
References
[edit]- ^ a b "Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space". Mint. 28 November 2024.
- ^ "Incuspaze launches a new segment FlexLeaze: Fit-out as a service and asset leasing". The Tribune. 21 April 2025.
- ^ "Incuspaze Secures USD 8 Mn in Maiden Funding to Expand Workspace Solutions". Entrepreneur India. 22 July 2024.
- ^ "Incuspaze Opens 2.5 Lakh Sq Ft Co-working Space in Chennai". Rediff. 21 April 2025.
- ^ "Flexible workspace provider Incuspaze leases 57000 sq ft in Mumbai". The Economic Times. 1 August 2024.
- ^ "Incuspaze to invest ₹100 crore to add 2 million square feet by 2025-end". Hindustan Times. 12 November 2024.
External links
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