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Co-working company Incuspaze raises $8M to expand business

Co-working company Incuspaze raises M to expand business

News Business

Co-working company Incuspaze raises $8M to expand business

Coworking company Incuspaze has raised $8 million from investors including India Inflection Opportunity Fund (IIOF) to expand its operations as demand for flexible workspaces increases.

PTI

Jul 22, 2024 02:33 PM | UPDATED: Jul 22, 2024 02:33 PM | 2 min read

Coworking company Incuspaze has raised $8 million from investors including India Inflection Opportunity Fund (IIOF) to expand its operations as demand for flexible workspaces increases.

Incuspaze said in a statement on Monday that the investment will significantly strengthen its capabilities to provide high-quality flexible workspaces to large enterprises, SMEs and startups.

The funds would help accelerate expansion plans and improve service offerings to meet changing customer needs, the company said.

Founded in 2016, Incuspaze operates across 44 locations in 18 cities, with a total portfolio of 30 lakh square feet.