Incuspaze, a workspace solution provider, has acquired VSKOUT, a B2B SaaS solution offering curated data analytics for commercial real estate (CRE), in a strategic move to enhance and integrate high-tech capabilities.
The deal is structured as a combination of cash and equity swap.
Founded in 2016 by Saumya Kumar and Pankaj Jain, VSKOUT is a real estate data services provider, known for its proprietary analytics tools, data mapping capabilities, and deep insights into India’s commercial real estate landscape.
Combining Incuspaze’s expansive pan-India footprint spanning 50 locations and over 4 million sq. ft. with VSKOUT’s institutional-grade real estate intelligence, the newly merged entity is set to redefine how Global Capability Centres (GCCs) and enterprises approach growth, site selection, and strategy.
As part of the integration, Saumya and Pankaj, will continue to play a leadership role within Incuspaze. Saumya will lead the GCC vertical and lead the strategic research and data innovation initiatives for the combined entity. Pankaj will contribute to Incuspaze’s overall technology stack, which will drive both revenue and workplace experience.
VSKOUT’s proprietary data mapping and predictive analytics tools, enabling advanced client dashboards, occupancy forecasting, and site benchmarking tools. A dedicated roadmap is being crafted to launch white-label data solutions for developers and subscription-based insights for enterprise clients.
The integration process is already underway, with full systems, people, and policy alignment expected to be completed over the next few weeks. VSKOUT will also continue catering its clientele.
Sanjay Choudhary, Founder & CEO, Incuspaze said, “This is not just an acquisition, it is an alignment of visions. We are confident to develop a sustainable business in the real estate industry that is fit for the future. Honouring the innovation behind VSCOUT’s incredible technology and deep understanding of the industry, we will deliver enhanced experience and innovative solutions to clients. By embedding VSKOUT’s real-time property intelligence into our workspace offerings, we’re unlocking smarter, faster, and more scalable solutions for our clients across India and global capability centres (GCCs).”
Saumya Kumar, and Pankaj Jain, Co-Founders, VSKOUT, 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.”
Founded in 2016, Incuspaze is a workspace provider with a presence in 50+ locations across 18 cities with a total portfolio of 4 Mn. sq. ft. Incuspaze has added about 1.5 Mn sq. ft. in the last 12 months and is now focusing on catering to Global Capability Centres (GCC) and MNCs.
Recently, Incuspaze also acquired TRIOS, a Pune-based coworking operator, in a cash and stock deal.
Incuspaze is also planning for an IPO within the next 24 to 36 months.
