Sanjay Choudhary, Founder & CEO, Incuspaze
Workspace options supplier Incuspaze has acquired B2B SaaS firm VSKOUT in a cash-and-equity swap deal.
With India’s GCC market projected to develop from $64.6 billion in FY24 to $99–105 billion by 2030, Incuspaze is constructing its devoted GCC vertical, and this acquisition comes because it plans to combine VSKOUT’s real-time property intelligence into its workspace choices for purchasers throughout India and world functionality centres.
The corporate can also be in talks to boost pre-IPO capital.
The fairness element was internally financed by present reserves, in accordance with Sanjay Choudhary, Founder & CEO, Incuspaze.
Put up-acquisition, VSKOUT shall be strategically built-in to strengthen the corporate’s GCC vertical. Nonetheless, it’s going to proceed to function as a standalone knowledge platform to serve its present purchasers, builders, and institutional companions.
“Whereas VSKOUT’s income contribution in FY25–26 shall be marginal, we imagine this partnership will considerably speed up our topline development in the long run,” Choudhary mentioned.
Incuspaze can also be presently in discussions with different potential acquisition targets as a part of its broader development technique. For FY25–26, the corporate expects inorganic development to contribute roughly 25 per cent to its total income. It’s projecting whole income of ₹350–400 crore for FY26, pushed by a mix of inorganic and natural development.
Based in 2016, VSKOUT brings proprietary analytics instruments, superior knowledge mapping capabilities, and deep insights into India’s industrial actual property panorama.
Saumya Kumar and Pankaj Jain, Co-Founders of VSKOUT, emphasised that the acquisition goes past operational synergy. “Past the synergy in companies, the cultural match and aligned targets make this a seamless transition. Our groups are actually co-creating a data-first future for the actual property and workspace sector,” they mentioned.
As a part of the mixing, each co-founders will tackle management roles inside Incuspaze. Saumya Kumar will head the GCC vertical and lead strategic analysis and knowledge innovation initiatives, whereas Pankaj Jain will contribute to Incuspaze’s total expertise stack, driving each income development and office expertise enhancement.
The combination course of is already underway, with full alignment of methods, individuals, and insurance policies anticipated over the approaching weeks. VSKOUT can even proceed to cater to its present clientele.
Revealed on July 7, 2025
