Incuspaze acquires Pune’s Trios to expand co-working biz

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Incuspaze, a managed office space provider, has acquired Pune-based co-working firm Trios in a cash and stock deal to expand its business.

The company did not mention the deal value.

Established in 2016, Incuspaze has a presence in more than 50 locations across 18 cities with a total portfolio of 40 lakh square feet. Founded in 2017, Trios operates 12 co-working centres in Pune and Gurugram.

In a statement on Monday, Incuspaze said it has acquired Trios to tap the growing demand for flexible workspaces in Pune.

“In a 100 per cent acquisition with a cash…



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Incuspaze acquires Pune’s Trios to expand co-working biz


Incuspaze, a managed office space provider, has acquired Pune-based co-working firm Trios in a cash and stock deal to expand its business.

The company did not mention the deal value.

Established in 2016, Incuspaze has a presence in more than 50 locations across 18 cities with a total portfolio of 40 lakh square feet. Founded in 2017, Trios operates 12 co-working centres in Pune and Gurugram.

In a statement on Monday, Incuspaze said it has acquired Trios to tap the growing demand for flexible workspaces in Pune.

“In a 100 per cent acquisition with a cash…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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