iSprout, a managed office space provider, has raised ₹60 crore in debt funding from Tata Capital.
The funds will be used to accelerate expansion across key Indian metros, strengthen enterprise-grade infrastructure, and enhance its rapidly growing managed office portfolio, along with upgrades to its technology, workspace customization capabilities, and end-to-end facility management services.
Founded in 2017 by Sundari Patibandla and Sreenivas Tirdhala, iSprout is a managed office space provider catering to Global Capability Centers (GCCs), large enterprises, and startups.
Known for its vibrant designs, enterprise-ready infrastructure, and comprehensive managed services, iSprout enables businesses to scale quickly without operational complexities.
With centers across major Indian cities, iSprout continues to redefine modern office experiences through flexibility, customization, and community-driven engagement.
The company is currently present in 9 Indian cities with 25 centers and has a portfolio of 2.5 million sq. ft., including spaces that are currently under development.
Sundari Patibandla, Co-founder & CEO, iSprout, said, “This investment strengthens iSprout’s position to further expand into the high-growth business hubs, allowing us to capture a larger market share in the flexible workspaces and scale with disciplined, asset-strategic growth. With strong occupancy and a robust pipeline, we are committed to delivering long-term value to our clients, investors, and stakeholders, while accelerating our growth journey, including plans for an IPO in the coming years.”
Sreeni Tirdhala, Co-founder & Chief Strategy Officer, said, “We have grown 10x in the last five years, and this investment aligns with our mission to build world-class managed offices. Enterprises and GCCs need flexible, high-performance work ecosystems. This funding reinforces our ability to deliver tech-enabled, future-ready spaces. We’re excited to scale with speed and quality.”
