Incuspaze buys realty analytics company VSKOUT
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New Delhi: Flexible workspace provider Incuspaze has acquired VSKOUT , a business-to-business software-as-a-service solution offering data analytics for commercial real estate, just days after acquiring Pune-based smaller rival Trios.The deal was structured as a combination of cash and equity swap, the Gurgaon-based companies said without disclosing further financial details.The newly merged entity aims to redefine how global capability centres (GCCs) and enterprises approach growth, site selection and strategy. The GCC market in India is projected to expand to $99-105 billion by 2030 from $64.6 billion in 2023-24."We plan to build a sustainable business in the real estate industry that is fit for the future. VSKOUT's technology and deep understanding of the industry will help us deliver an enhanced experience and innovative solutions to clients," said Sanjay Choudhary, founder and CEO of Incuspaze.VSKOUT's real-time property intelligence will enable smarter, faster, and more scalable solutions for corporates across India and GCCs, he said."Beyond the synergy in services, the cultural fit and aligned goals make this a seamless transition. Our teams are now co-creating a data-first future for the real estate and workspace sector," Saumya Kumar and Pankaj Jain, co-founders of VSKOUT, said in a statement.Incuspaze, which secured $8 million in funding last year, is expected to close its $25 million pre-initial public offering round in the next few months.The company is targeting revenue of Rs 350-400 crore in this financial year, up from Rs 150 crore in 2024-25, banking on acquisitions and an expected increase in leased space to drive growth.
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