Incuspaze

Gurugram, India Founded: 2016 • Age: 10 yrs Minicorn
Managed, coworking, traditional, and enterprise office spaces are provided.

About Incuspaze

Incuspaze is a Real Estate & Construction company based in Gurugram (India) founded in 2016 by Sanjay Chatrath and Sanjay Choudhary. Managed, coworking, traditional, and enterprise office spaces are provided. Incuspaze has raised $33.74 million across 10 funding rounds from investors including India Inflection Opportunity Fund, Munish Chawla and Purvi Sandhya. The company has 89 employees. Incuspaze has completed 3 acquisitions, including Ikeva, TRIOS and Vskout. Incuspaze was last valued at $3.04 million in February 2022. Its chief executive, as recorded, is Sanjay Choudhary. Its website incuspaze.com draws about 11 thousand monthly visits. Its Indian entity Incuspaze Solutions Private Limited reported revenue of ₹147 Cr. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include BHIVE Workspace, IndiQube and Smartworks; 3 of its 3 listed competitors have raised funding.

Company details

Incuspaze was established in 2016 in Gurugram, India, within the real estate sector focused on workspace solutions. Various office options, including managed, coworking, traditional, and enterprise spaces, are offered to support business needs. End-to-end services encompass leasing, design, construction, and operations for customized environments. Partnerships with companies are maintained to address specific requirements. Amenities like reception areas, medical facilities, cafeterias, and training rooms are incorporated into the offerings.

Key Metrics
  • Annual Revenue
    ₹147 Cr

    FY 2025 · +55% YoY

  • Net Loss
    -₹3.30 Cr

    FY 2025 · -2% margin

  • EBITDA
    ₹6.50 Cr

    FY 2025 · 4% margin

  • Total Equity Funding
    $33.74M (USD)

    in 10 rounds

  • Latest Funding Round
    $15.87M (USD), Series A

    Jun 2026

  • Investors
  • Employee Count
    89
  • Investments & Acquisitions
    Ikeva

    & 2 more

Apps and channels of Incuspaze

its YouTube channel Incuspaze has 168 subscribers and 30 videos.

Incuspaze
YouTube 168 subscribers 30 videos People & Blogs
Open channel

Videos from Incuspaze

The most watched videos on Incuspaze's YouTube channel, Incuspaze (168 subscribers). Click a video to play it here.

Incuspaze Horizon 2023!
74.1K views
Welcome to Leverage Edu's new office at Incuspaze!
51.7K views
Drone Tour of Incuspaze's Noida Campuses One and Two - Marvel at the Building Design!
23.7K views
Your Dream Workspace at Incuspaze - Noida Campus 1 | Incuspaze Office Spaces
21.7K views

More on Incuspaze.

Funding Insights of Incuspaze

Incuspaze has successfully raised a total of $33.74M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $15.87 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $33.74M
  • Total Rounds 10
  • Last Round Series A — $15.87M
  • First Round $100,557

    (May 2018)

  • Investors Count 8

All 10 funding rounds of Incuspaze with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2026$15.87MSeries A––
–
May 2026$4.26MSeries A–Pantomath Group
–
May 2026$4.26MSeries A–Pantomath Group
–
Jul 2025Series A–Brand Capital
–
Jul 2024$8MSeries A–Pantomath Group
–
Feb 2022$1.1MSeed$3.04MMunish Chawla
Apr 2021$33,996Angel Round–Mohit Srivastava
–
Feb 2021$68,504Angel Round–Pravin Aggarwal
–
Sep 2019$56,447Angel Round–Purvi Sandhya
–
May 2018$100,557Angel Round$4.4MGaurav Tak
–
Valuation history
DateValuationStage
Feb 2022$3.04M••••••••
May 2018$4.4M••••••••

Last known valuation $3.04M (Feb 2022). 8 investors in total: 2 institutional and 6 angel.

Investors in Incuspaze

Incuspaze has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include India Inflection Opportunity Fund, Munish Chawla and Purvi Sandhya.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investment services are provided to emerging pre-IPO enterprises.
pantomathamc.comMumbai, India
brandcapital.co.in

Munish Chawla

Angel investor and entrepreneur, co-founder of ZipLoan, focused on fintech
unknown_61ed461eab2147b18

Purvi Sandhya

unknown_cc2a709a5f8c4466b

Pravin Aggarwal

unknown_6db83c1f7237425fa

Mohit Srivastava

Angel investor and entrepreneur, co-founder of Coding Ninjas, focused on edtech.
unknown_57d51f5d86ef4ec29

Sanjay Chatrath

Angel investor and entrepreneur, focused on tech startups in India.
unknown_2b8336cf7e874b189

Gaurav Tak

unknown_abde2d01e9574f78b
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Investor details for Incuspaze

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Incuspaze Solutions Private Limited (Incuspaze)

Incuspaze Solutions Private Limited is the primary company behind Incuspaze. The board of Incuspaze Solutions Private Limited currently have 3 directors; the longest-serving is Om Prakash Choudhary, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Om Prakash Choudhary
DIN 07591658
Director16 Sep 201610 yrs 1 moIncuspaze Solutions Private Limited
Sanjay Choudhary
DIN 07537051
Director16 Sep 201610 yrs 1 moIncuspaze Solutions Private Limited
Sanjay Chatrath
DIN 09090223
Director23 Apr 20215 yrs 5 moIncuspaze Solutions Private Limited

People of Incuspaze

31 people are tracked at Incuspaze (15 in leadership, 16 in team); the tracked headcount is 89.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Mayank Kaushik
Chief Operating OfficerLeadership
Nitiraj S.
Chief Technology OfficerLeadership
Kapil Poddar
CFOLeadership
Dolly Bhasin
Director Innovation And IncubationLeadership
Hitesh Jain
Vice President FinanceLeadership
Ajay Malhan
Executive DirectorLeadership
Varun Chopra
Head -real Estate AcquisitionLeadership
Sanjay Bhatia
Head Of Market ResearchLeadership
Supriya Kapoor
Head Of OperationsLeadership
Chetan T.
Assistant General Manager(coe)Leadership
Vikrant Metkar
Assistant Vice President SalesLeadership
Gaurav T.
Associate Vice President SalesLeadership
Sujith Reddy
Vice President Of SalesLeadership
Pallavi Rai
Senior Executive Human ResourcesTeam
Dhrumi Karadia
Senior Operations ExecutiveTeam
Kirti Malhotra
Sr. Manager - Customer ExperienceTeam
Sameer Khan
AGM - Sales (up Region)Team
Vishesh Gupta
Operations ManagerTeam

11 more people are available in the full profile.

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Complete people profiles for Incuspaze

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Financials of Incuspaze

Figures of Incuspaze Solutions Private Limited, the primary company behind Incuspaze, for FY 2025. Revenue was ₹147 Cr (+55% year on year). Net loss was -₹3.30 Cr (-2% margin). EBITDA was ₹6.50 Cr (4% margin). Revenue has grown at a compounded annual rate of +101% over three years and +59% over five years.

  • ₹147 CrRevenue · FY 2025 · +55% YoY
  • -₹3.30 CrNet loss · -2% margin
  • ₹6.50 CrEBITDA · 4% margin
  • ₹3.59 CrPaid-up capital
  • 89Employees (provident fund records)
  • +101%Revenue CAGR, 3 years
  • +59%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Incuspaze Solutions Private Limited are on its company page.

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Detailed financial statements for Incuspaze

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Investments & Acquisitions by Incuspaze

Incuspaze has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ikeva, TRIOS and Vskout.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Custom-designed flexible workspaces are provided, including virtual and managed options.
ikeva.comHyderabad, India2012Jun 2026••••
Analytics-based intelligence is delivered for the real estate value chain.
vskout.comGurugram, India2016Jul 2025••••
Flexible coworking office spaces are provided with essential amenities.
trios.co.inPune, India2015Jun 2025••••
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Complete acquisition details for Incuspaze

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Timeline of Incuspaze

7 dated milestones of Incuspaze across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Incuspaze is founded.
  2. Funding First funding round of $101K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires TRIOS.
  5. Acquisition Acquires Vskout.
  6. Acquisition Acquires Ikeva.
  7. Funding Latest funding round, Series A, of $15.9M.

Competitors of Incuspaze

Incuspaze has 3 listed competitors in our database, 3 of them funded. They include BHIVE Workspace, IndiQube and Smartworks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bhiveworkspace.com2014Bengaluru, India$3.09M322
Flexible workspace solutions, including coworking and managed offices, are offered.
indiqube.com2015Bengaluru, India$44.96M2,190
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
smartworksoffice.com2016Gurugram, India$69.95M950
Ready-to-use office spaces with integrated technology and amenities are operated.
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Detailed competitors of Incuspaze

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Verified entity values are shown only after access is granted.

Web traffic of Incuspaze

The website of Incuspaze (incuspaze.com) receives about 11.3K visits a month.

  • Monthly visits
    11.3K

    ▼ 29.9% vs previous month

Similar websites

Websites whose visitors overlap most with Incuspaze. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
devx.work
100%
14.5K#1,792,919View details
gofloaters.com
98%
16.9K#1,382,612View details
91springboard.com
82%
80K#562,122View details
coworker.com
80%
275.2K#139,526View details
google.com
63%
85.8B#1View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as Incuspaze (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
A platform for residential property buying is facilitated by PropTiger.
2011Gurugram, Haryana, IndiaUSD 99 M
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Related news about Incuspaze

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Frequently Asked Questions about Incuspaze

Incuspaze was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Incuspaze is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Sanjay Choudhary is the CEO of Incuspaze, as recorded in our data. They have also founded this company.

Incuspaze is a funded company, having raised a total of $33.74M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $100.56K, raised on May 2018.

Incuspaze has 89 employees.

The primary company behind Incuspaze, Incuspaze Solutions Private Limited, reported revenue of ₹147 Cr for FY 2025, up 55% year on year.

Incuspaze was established in 2016 in Gurugram, India, within the real estate sector focused on workspace solutions. Various office options, including managed, coworking, traditional, and enterprise spaces, are offered to support business needs. End-to-end services encompass leasing, design, construction, and operations for customized environments. Partnerships with companies are maintained to address specific requirements. Amenities like reception areas, medical facilities, cafeterias, and training rooms are incorporated into the offerings.

Incuspaze's top competitors include Smartworks, IndiQube and BHIVE Workspace.

Incuspaze has made 3 acquisitions, including Ikeva, TRIOS, and Vskout.

Incuspaze has 8 investors. Key investors include India Inflection Opportunity Fund, Munish Chawla, Purvi Sandhya, Pravin Aggarwal, and Mohit Srivastava.

The valuation of Incuspaze is $3.04M as of Feb 2022.

Incuspaze operates through Incuspaze Solutions Private Limited.

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