Real estate firm Incuspaze acquired flexible workspace operator iKeva in a 100 percent buyout transaction.
The deal instantly integrates iKeva’s 500,000 square feet of office space across 18 centers in Hyderabad and Bengaluru into Incuspaze's portfolio.
The strategic acquisition is expected to boost Incuspaze's top line by nearly ₹100 crore annually.
The corporate consolidation fortifies Incuspaze's regional presence as it actively prepares for a potential IPO within the next 24 to 36 months.
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