Flexible workspace provider Incuspaze has acquired VSKOUT, a B2B SaaS firm specializing in real-time analytics for commercial real estate, to enhance its offerings for global capability centers and enterprise clients.
The deal was structured using a mix of cash and equity swap and follows Incuspaze's recent acquisition of Pune-based Trios. The specific financial details of the transaction were not disclosed.
VSKOUT, founded in 2016, brings to Incuspaze advanced data analytics tools and mapping capabilities for optimizing location selection and operational strategies in commercial real estate. It will become part of Incuspaze's GCC-focused vertical.
The acquisition is part of Incuspaze's strategy to capitalize on the growth of India's GCC market. Incuspaze aims to leverage VSKOUT's technology for long-term revenue growth and plans to raise $25 million in pre-IPO funding to support its expansion goals.