iSprout
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iSprout - overview
Established
2017
Location
Hyderabad, Telangana, India
Primary Industry
Commercial Property
About
Based in Hyderabad, India, and founded in 2017 by Sundari Patibandla (CEO) and Sreeni Tirdhala (CMO), iSprout Business Centre Private Limited, doing business as, iSprout, provides office spaces and co-working spaces for start-ups and small-sized companies. The company provides services in Hyderabad, Pune, Chennai, Bengaluru, and Vijayawada and has served clients such as Uber, LinkedIn, Dell, Indeed, oneplus, etc. In December 2025, iSprout raised USD 6. 6 million in venture debt funding from new investor Tata Capital.
iSprout provides office space to both individuals and businesses. They provide dedicated desks, manager cabins, private offices and meeting rooms. Additionally, cafeteria, internet facilities, parking facilities, and office equipment such as printers, scanners and phone booths are provided. Furthermore, the firm provides start-ups with business and consulting services such as guidance on financial management, audit, business modelling, legal compliance, payroll and attendance management, etc.
The company intends to use the March 2022 funding to accelerate business expansion and invest in proprietary technology to automate critical processes.
Current Investors
Vivriti Asset Management
Primary Industry
Commercial Property
Sub Industries
Office Suppliers, Equipment Rental & Leasing, Consulting Services, Commercial Property
Website
www.isprout.in
Total Amount Raised
Subscriber access only
iSprout - timeline of key events
iSprout - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 9,078,608 | 17,327,118 | 127,124,316 | 264,871,629 | - | - | - |
| % Revenue Growth (YoY) | - | - | 90.9% | 633.7% | 108.4% | - | - | - |
| EBITDA (USD) | (395,513) | 453,858 | 14,041,258 | 3,073,810 | 11,738,048 | - | - | - |
| Operating Income (USD) | (395,513) | (2,677,806) | 8,866,765 | (37,320,167) | (71,609,079) | - | - | - |
| Operating Margin | - | (29.5%) | 51.2% | (29.4%) | (27.0%) | - | - | - |
| % EBITDA Margin | - | 5.0% | 81.0% | 2.4% | 4.4% | - | - | - |
| NET Income (USD) | (395,513) | (2,246,320) | 8,020,681 | (27,971,538) | (62,080,725) | - | - | - |
| % Net Margin | - | (24.7%) | 46.3% | (22.0%) | (23.4%) | - | - | - |
iSprout - employee data
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