Flexible workspace operator Incuspaze has acquired coworking firm iKeva through a 100% buyout to strengthen its presence in Hyderabad and Bengaluru. The acquisition is expected to add nearly Rs 100 crore in annual revenue and supports Incuspazes expansion plans as it targets Rs 1,000 crore revenue by FY29.

Incuspaze acquires iKeva, boosting revenue by ₹100 crore and expanding office space by 5 lakh sq. ft. by FY27.

iKeva has a portfolio of 18 workspace centres covering 500,000 sq ft across Hyderabad and Bengaluru, which it aims to double this fiscal year. Incuspaze has set a target of ?1,000…