iSprout, one of India’s fastest-growing managed office solution providers, has raised ₹60 crore in debt funding from Tata Capital, marking a significant milestone in its national expansion strategy. The Hyderabad-headquartered company plans to utilize the fresh capital to accelerate growth across major Indian metros, enhance enterprise-grade infrastructure, and scale its portfolio of design-driven, fully managed office spaces.
Speaking on the development, Sundari Patibandla, Co-founder & CEO of iSprout, said,
“This investment strengthens iSprout’s position to expand into high-growth business hubs, enabling us to capture a larger market share in flexible workspaces. With strong occupancy and a robust pipeline, we are committed to delivering long-term value to clients and stakeholders while accelerating our journey, including plans for an IPO in the coming years.”
As flexible workspaces gain increasing importance among both domestic enterprises and global capability centers (GCCs), iSprout has witnessed a sharp uptick in demand for customized, fully managed office environments. The new funding will help the company scale rapidly while retaining its focus on delivering premium, technology-enabled workspace experiences.
Sreeni Tirdhala, Co-founder & Chief Strategy Officer, added,
“We have grown 10x in the last five years. This investment aligns with our mission to build world-class managed offices. Enterprises and GCCs are seeking flexible, high-performance work ecosystems. This funding reinforces our ability to deliver future-ready, tech-enabled spaces with speed and quality.”
The company plans to deploy the capital to open new centers across Tier 1 and Tier 2 cities, enhance technology infrastructure, improve workspace customization capabilities, and strengthen its end-to-end facility management services.
With operations across 9 cities and 25 state-of-the-art centers, iSprout currently manages a portfolio of 2.5 million sq. ft., including several spaces under rapid development. The company has emerged as a preferred partner for GCCs, large enterprises, and high-growth startups seeking scalable, efficient, and fully serviced office solutions.
By: Arushi Agarwal
