About iSprout
iSprout is a company based in Hyderabad (India) founded in 2016 by Sreenivas Tirdhala and Sundari Patibandla. iSprout has raised $7.61 million across 7 funding rounds from investors including Vivriti Asset Management, Narayana Raju Alluri and Mingavalli Himabindu. iSprout offers products and services including Coworking Spaces, Managed Office, Internet Access, Parking, and 24/7 Security. iSprout operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Hyderabad, India
- Founders Sreenivas Tirdhala, Sundari Patibandla
- Stage Minicorn
-
Sectors
Real Estate & Construction
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.61 M (USD)
in 7 rounds
-
Latest Funding Round
$6.67 M (USD), Debt – Conventional
Dec 11, 2025
-
Investors
Vivriti Asset Management
& 17 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of iSprout
iSprout offers a comprehensive portfolio of products and services, including Coworking Spaces, Managed Office, Internet Access, Parking, and 24/7 Security.
Shared flexible offices with amenities for professionals and businesses.
Fully serviced offices with tailored support and security features.
High-speed connectivity for enhanced productivity in workspaces.
Secure parking spaces provided at various office locations.
Round-the-clock security to ensure a safe working environment.
People of iSprout
Unlock access to complete
Funding Insights of iSprout
iSprout has successfully raised a total of $7.61M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6.67 million completed in December 2025. 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 Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $6.7M
-
First Round
First Round
(21 Dec 2017)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - iSprout | Valuation |
investors |
|
| Oct, 2023 | Amount | Debt – Conventional - iSprout | Valuation |
investors |
|
| Mar, 2022 | Amount | Seed - iSprout | Valuation |
investors |
|
Investors in iSprout
iSprout has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Vivriti Asset Management, Narayana Raju Alluri and Mingavalli Himabindu.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Asset management focused on Performing Credit and alternative investment funds in India.
|
Founded Year | Domain | Location | |
|
Diversified non-banking financial services are provided by Tata Capital.
|
Founded Year | Domain | Location | |
|
NR
Narayana Raju Alluri |
-
|
Founded Year | Domain | Location |
Investments & Acquisitions by iSprout
Financial Statements - iSprout
Isprout Comparisons
Competitors of iSprout
iSprout operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
|
|
| domain | founded_year | HQ Location |
Flexible workspace solutions, including coworking and managed offices, are offered.
|
|
| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
|
|
| domain | founded_year | HQ Location |
Managed office spaces and coworking environments are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Operator of shared workspaces, private offices, and virtual office solutions
|
|
| domain | founded_year | HQ Location |
Provider of flexible and customized coworking spaces
|
Frequently Asked Questions about iSprout
iSprout was founded in 2016 and raised its 1st funding round 1 year after it was founded.
iSprout is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sundari Patibandla is the current CEO of iSprout. They have also founded this company.
iSprout is a funded company, having raised a total of $7.61M across 7 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Dec 21, 2017.
iSprout was founded in 2016 in Hyderabad, India, as a provider of flexible office spaces. Customizable solutions are delivered to address various business needs, including prime locations equipped with front desk support, high-speed internet, and routine cleaning services. Collaborative designs and shared facilities are emphasized to foster teamwork in the co-working sector. Operations focus on adaptable environments tailored for diverse professional requirements.
iSprout offers Coworking Spaces, Managed Office, Internet Access, Parking, and 24/7 Security.
iSprout has 18 investors. Key investors include Vivriti Asset Management, Narayana Raju Alluri, Mingavalli Himabindu, Phanidhar Paturi, and Vijay Kumar Oddiraju.
The valuation of iSprout is $13.55M as of Sep 2021.