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Incuspaze

Coworking (Commercial Real Estate)Gurugram, Haryana, India

Incuspaze is an Indian managed office and coworking operator providing flexible workspace, private offices and fit-out solutions to enterprises, startups and MSMEs. It operates more than 40 centres across 18 Indian cities under Incuspaze Solutions Private Limited.

2StartupFox stories
2016Founded
Coworking(Commercial Real Estate)Sector
Jun 2026Latest coverage

Funding

Incuspaze has raised $26M across 2 disclosed rounds, most recently a Growth round (pre-IPO) in Jun 2026.

$26MRaised
Growth round (pre-IPO)Latest round · Jun 2026
2Events
Chart appears once 1 more funding round is recorded — below that a chart shows less than the table does.
Jun 2026Growth round (pre-IPO)$18M (₹150 crore)Bharat Value Fund (lead), financial institutionsInc42 ↗
Jul 2024Institutional round$8MIndia Inflection Opportunity Fund (lead), financial institutionsInc42 ↗

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadBharat Value Fund (lead)1 round · 2026
financial institutions2 rounds · since 2024
India Inflection Opportunity Fund (lead)1 round · 2024
Aggregated automatically from the disclosed rounds above.

Leadership

The Incuspaze journey

2016 · founded
Founded in Gurugram by Sanjay Choudhary, Sanjay Chatrath.
Jul 2024 · funding
Institutional round — $8M, led by India Inflection Opportunity Fund (lead).
2025 · acquisition
Acquisition spree: TRIOS (Jun 2025), VSKOUT (Jul 2025), Million Minds at GIFT City, and 100% of Hyderabad's iKeva (2026).
Jun 2026 · funding
Growth round (pre-IPO) — $18M, led by Bharat Value Fund (lead).
IPO Watchreported
StatusIPO planned for FY29
ExpectedFY29 (company-stated)
₹150 Cr raised for an M&A push ahead of listing; a $25M pre-IPO round was explored in 2024. Source ↗

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Frequently Asked

What is Incuspaze?

Incuspaze is an Indian managed office and coworking operator providing flexible workspace, private offices and fit-out solutions to enterprises, startups and MSMEs. It operates more than 40 centres across 18 Indian cities under Incuspaze Solutions Private Limited.

Who founded Incuspaze?

Incuspaze is associated with Sanjay Choudhary, Sanjay Chatrath.

How much funding has Incuspaze raised?

Incuspaze has raised $26M across 2 disclosed rounds. The most recent was a $18M Growth round (pre-IPO) in Jun 2026.

Who are Incuspaze's investors?

Disclosed investors in Incuspaze include Bharat Value Fund (lead), financial institutions, India Inflection Opportunity Fund (lead).

What is the status of the Incuspaze IPO?

IPO planned for FY29. (As reported; not confirmed by the company.)

What is the latest news on Incuspaze?

The most recent StartupFox coverage is “Incuspaze Raises ₹150 Crore Led by Bharat Value Fund Ahead of FY29 IPO” (29 June 2026). All stories are listed on this page.