Incuspaze has raised $8 million in a funding round led by the India Inflection Opportunity Fund, while Stable Money has raised nearly $15 million in its Series A round led by RTP Capital.
Incuspaze raises $8m led by IIOF
Incuspaze, an enterprise-managed workspace provider, has raised $8 million in a funding round led by the India Inflection Opportunity Fund (IIOF) and other financial institutions.
With the latest infusion, Incuspaze aims to provide top-tier workspace solutions to enterprises, MSMEs, and startups, it said in a statement.
“This investment will significantly bolster our capabilities to provide top-tier workspace solutions tailored to enterprises, MSMEs, and startups. With our clear profitability matrix and enterprise-focused approach, Incuspaze is poised to become a dominant player in India’s flexible workspace market,” said Sanjay Choudhary, founder and CEO of Incuspaze.
Established in 2016, the company claims to have a portfolio of 3 million square feet across 44 locations in 18 cities.
RTP Capital backs Stable Money
Bengaluru-based fintech startup Stable Money has raised nearly $15 million in its Series A funding round led by RTP Capital. The financing also saw participation from existing investors Lightspeed India and Matrix Partner.
The board at Stable Money has passed a special resolution to issue 77,135 CCPS at a price of Rs 16,019 each to raise the aforementioned amount, Entrackr reported, citing the company’s latest regulatory filings with the Registrar of Companies.
Stable Money had last raised $5 million in its first equity fundraise led by Matrix Partners and Lightspeed in August 2023. The round also saw participation from Titan Capital, Mar Shot Ventures, and a clutch of prominent angel investors.
