Incuspaze, a managed office space provider, has acquired Pune-based co-working operator TRIOS in a cash-and-stock deal. Separately, Zerodha founders Nikhil and Nithin Kamath have acquired a minority stake in InCred Holdings Limited, the parent company of InCred Financial.
Incuspaze acquires TRIOS
Incuspaze, a managed office space provider, has acquired Pune-based co-working operator TRIOS in a cash-and-stock deal.
While the acquisition value was not disclosed, it will help the company tap its growing demand for flexible workspaces in Pune.
“In a 100% acquisition with a cash and stock deal, the topline revenue will be up by 10-15%, contributing towards Incuspaze’s target of Rs 350-400 crore revenue for 2025-26,” a PTI report said citing a company statement.
“This acquisition will not only expand our regional footprint but also drive cost efficiencies and customer experience standardisation across all locations. We see Trios as a natural cultural and strategic fit,” said Incuspaze founder and CEO Sanjay Choudhary.
Zerodha founders pick stake in InCred
Zerodha founders Nikhil and Nithin Kamath have acquired a minority stake in InCred Holdings Limited, the parent company of InCred Financial.
The investment was made through a Rs 250-crore ($29 million) purchase of shares, per media reports.
“India’s credit ecosystem is changing fast—more formal, more digital, and more accessible,” said Nikhil Kamath. “InCred Group seems to get that. They’ve built a strong team, a technology-first approach, and a clear view of where the market is headed. Backing them is a bet on that broader shift—and the belief that responsible lending can scale without losing sight of fundamentals.”
