India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Flexible workspace provider Incuspaze has leased 3 lakh square feet of Grade A office space across three prime Jaipur locations, marking its debut in Rajasthan. The move aligns with its strategy to expand into Tier II cities, targeting cost-conscious enterprises, startups, and GCCs while building toward a projected ₹350–400 crore revenue in FY26 and setting the stage for a future IPO.
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Incuspaze has acquired B2B SaaS firm VSKOUT to strengthen its presence in India’s booming Global Capability Centre (GCC) market. The deal enhances Incuspaze’s data-led workspace strategy, with projected revenues of ₹400 crore by FY26. VSKOUT will continue as an independent platform, bringing analytics and tech to fuel strategic growth.
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Managed office provider Incuspaze has fully acquired coworking brand TRIOS in a cash-and-stock deal to strengthen its presence in Pune. Meanwhile, Zerodha founders Nikhil and Nithin Kamath invested ₹250 crore in InCred Holdings, highlighting growing confidence in India’s tech-led, scalable financial services.
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Incuspaze has leased 2.5 lakh sq ft at Olympia Crest in Chennai’s IT corridor to launch a 4,000-seat managed workspace. This move aligns with the rising demand for flexible offices, especially from global firms in India, and marks the company’s continued nationwide expansion.
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Incuspaze has launched FlexLeaze, a new leasing segment for large and mid-sized enterprises. Led by CEO Rahul Sarin, it offers fit-out leasing solutions, enabling businesses to access premium office spaces without ownership. This expansion reinforces Incuspaze’s leadership in India’s flexible workspace sector, targeting 5 million sq. ft. by 2025.
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Incuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
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