India, June 23 -- IPO-bound managed and coworking space provider Incuspaze has acquired Pune-based TRIOS in a cash-and-stock deal. The acquisition of TRIOS, which is a smaller rival of Incuspaze, will help the startup grow its revenue and expand its presence in Pune.

Incuspaze said that the deal supports its plan to reach INR 350 Cr to INR 400 Cr of operating revenue in FY26 and meet growing demand from global capability centres (GCCs) and multinational companies (MNCs).

Founded in 2015 by Pratik Potnis and Tejasa Potnis, TRIOS runs 10 coworking centres in Pune and two in Gurugram. It claims to serve over 125 clients, including MNCs, GCCs, and small businesses.

Founded by Sanjay Choudhary in 2016, Incuspaze is a workspace provider whic...