iSprout Secures Rs 60 Cr Tata Capital Debt for Managed Office Expansion

• iSprout, a managed office space provider, raised Rs 60 crore in debt funding from Tata Capital.
• The capital will be used for business expansion, including new centers in Indian Tier 1 and Tier 2 cities.
• Funds will also support technology upgrades, workspace customization, and facility management services.
• iSprout currently operates 25 co-working centers across nine cities, covering 2.5 million sq ft.

Why It Matters: This funding boosts flexible office space availability for businesses.