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Co-working space player iSprout raises $4mn in pre-series A funding

Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor

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BS Reporter Mumbai
iSprout, a co-working space provider, announced that they have recently closed a Pre-Series A funding round of $4 million from private investors.

In the funding round a substantial part has been invested by one of India’s leading Infrastructure Company’s Director and after the round, over 75 per cent ownership in iSprout will be with the four co-founders and this investor.

Sundari Patibandla, CEO & Co-Founder at iSprout says, “Managed office spaces have seen a significant growth and are expected to dominate the commercial real-estate sector in the post-pandemic future. We at iSprout have been continuously working towards offering the best possible office