iSprout raises Rs 60 cr debt funding for office growth
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Vijayawada: iSprouiSprout, one of India’s fastest-growing providers of managed office solutions, on Thursday announced that it has raised Rs 60 crore in debt funding from Tata Capital, marking a significant milestone in its growth journey.
The capital infusion will be used to accelerate expansion across key Indian metros, strengthen enterprise-grade infrastructure, and enhance its rapidly growing managed office portfolio. “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”, said Sundari Patibandla, Co-founder & CEO, iSprout.
With flexible workspaces now becoming a strategic priority for both domestic and global enterprises, iSprout is witnessing strong demand for customized, fully managed office environments. The new funding enables the company to scale faster to meet this surge while maintaining its commitment to delivering high-quality, design-driven workspaces.
