About Global Incubation Services
Global Incubation Services, an accelerator and incubator program founded in 2010, is based in Bengaluru, India. With a presence in 5 countries, it has supported around 136 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, Global Incubation Services has 1 unicorn under its belt and has witnessed 20 portfolio exits. Most notable companies in
its portfolio include Zaggle, Scripbox and McAfee. The program is backed by a team of 13 people who primarily support Seed startups based in India. Its latest investment was a Undisclosed Seed round in Redinent on Oct 15, 2022.
Key Metrics
Founded Year
2010
Location
Bengaluru, India
Sectors of Investment
Stages of Investment
Seed & Unattributed
Locations of Investment
Unicorn in Portfolio
Global Incubation Services' List of Top Investments
Global Incubation Services has a portfolio of 136 companies, one of which is a Unicorn. Their most notable investments are in Redinent and Evok Analytics.Their portfolio spans across India, United States, United Kingdom and 2 more locations. They have invested in Enterprise Applications, High Tech, Retail and 29 other sectors, across stages such as Seed, Unattributed stages. Here is the list of top investments by Global Incubation Services:1. Zaggle
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows. It provides innovative solutions for business spend management, payments, and rewards through automated and streamlined workflows. Its comprehensive platform offers flexible and practical approaches to forward-thinking enterprises, simplifying employee benefits, expenses, allowances, and channel partner incentives. Its suite of products includes prepaid cards, digital rewards, and recognition platforms, serving businesses across various industries.
Key facts about Zaggle
- Founded Year: 2011
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $13.7M
- Employee Count: 422 as on Aug 31, 2025
- Investors: Societe Generale, ICICI Prudential Asset Management Company and 33 Others
- Latest Funding Round: Post IPO, Dec 16, 2025, $*****
- Highlight: Public
2. Scripbox
Platform offering mutual fund investments, financial planning, and wealth growth services. It provides tools for financial planning, personalized investment recommendations, and progress tracking. The platform offers options for investing in both regular and direct mutual funds across various categories, including equity, large cap, mid cap, and multi cap funds. It also provides market insights through newsletters and social media channels.
Key facts about Scripbox
- Founded Year: 2012
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $84M
- Employee Count: 398 as on Feb 28, 2025
- Investors: Accel, Trifecta Capital and 52 Others
- Latest Funding Round: Series D, Jun 21, 2024, $*****
- Highlight: Editors' Pick
3. McAfee
Provider of comprehensive cybersecurity solutions including AI-powered antivirus and identity protection. It offers comprehensive protection against malware, viruses, and identity theft through its suite of products and services. The company provides award-winning antivirus, VPN, and identity protection solutions to individuals and businesses worldwide.
Key facts about McAfee
- Founded Year: 1987
- Location: San Jose (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 1,026 as on Jul 31, 2025
- Investors: Point Financial, ValueAct Capital and 11 Others
- Latest Funding Round: Unattributed, Apr 04, 2017, $*****
- Highlight: Acquired
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4. Medlife
Medlife is a provider of an online pharmacy for medications. It offers an app for purchasing medicines. It allows users to buy medication and various healthcare products such as family care products, skincare, baby care, and others. Users can also book an appointment for a lab test, online doctor consultation, and many more.
Key facts about Medlife
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 1,181 as on May 31, 2026
- Investors: Samena Capital, Prasid Uno Family Trust and 4 Others
- Latest Funding Round: Conventional Debt, Jul 03, 2020, $*****
- Highlight: Acquired
5. Carbon Clean
Developer of technology for industrial carbon capture and utilisation solutions. The company provides modular solutions optimised for industrial environments. Its technology aims to reduce emissions and enable carbon reduction goals. The company offers patented technology and supports deployment of carbon capture.
Key facts about Carbon Clean
- Founded Year: 2009
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $243M
- Employee Count: 202 as on May 31, 2026
- Investors: Pegasus Tech Ventures, Samsung and 61 Others
- Latest Funding Round: Grant (prize money), May 31, 2022, $*****
- Highlight: Editors' Pick
Global Incubation Services' Year-on-Year Investment Trends
Global Incubation Services has invested in 136 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Redinent and most recent follow-on round was in Snehix Tech.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 1 | 2 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Global Incubation Services' Investments by Stage
Global Incubation Services has made 5 investments in Seed stage with an average round size of $54.5K and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Global Incubation Services' Investments by Sector
Global Incubation Services has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Industrial Goods and Manufacturing, Big Data - Industry Applications and Blockchain Technology. Notably, it has invested in 71 Tech companies, 65 Enterprise (B2B) companies, 50 Software companies and at least 35 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
High Tech | 3 |
Industrial Goods and Manufacturing | 2 |
Big Data - Industry Applications | 1 |
Blockchain Technology | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Global Incubation Services' Investments by Geography
Global Incubation Services has made most investments in India (5), followed by Malaysia where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 5 |
Malaysia | 1 |
Note: We have considered here, only first round of investments
Global Incubation Services' recent investments
Global Incubation Services has not made any investment in 2026 so far.Here are the most recent investments by Global Incubation Services:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 15, 2022 | India | Seed | 9651 | - | |
Aug 01, 2022 | India | Seed | 9072 | ||
Jun 14, 2021 | India | Seed | 7544 | [+7] | |
Nov 02, 2018 | India | Seed | 9315 | - | |
Feb 10, 2016 | Malaysia | Seed | 6210 | [+5] |
Unicorns in Global Incubation Services' Portfolio
Global Incubation Services has 1 unicorn in its portfolio - o9 Solutions. The most recent unicorn in their portfolio is o9 Solutions which became a unicorn in 2020, 6 years before Global Incubation Services first invested in it.Here is a list of unicorns in Global Incubation Services' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
62 | Provider of a platform for supply chain and commercial planning | 2009 | Dallas | Series C | ncpokgj |
IPOs and Publicly Listed companies in Global Incubation Services' Portfolio
5 of Global Incubation Services' portfolio companies have become public. Excelsoft got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Nov 2025 at marketcap of $155M and Logistics Plus got listed on the Indonesia Stock Exchange (IDX) at marketcap of $7.01M.Here are Global Incubation Services' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 26, 2025 | - | - | 4680 | |
Oct 11, 2023 | - | - | 6566 | |
Sep 22, 2023 | - | - | 8328 | |
Jun 01, 2006 | - | - | 5613 | |
Nov 10, 1999 | - | - | 1519 |
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Acquired companies in Global Incubation Services' Portfolio
15 companies from Global Incubation Services' portfolio have been acquired. The most recent acquisition was Golden Goose in Dec 2025 by HSG for $*****.Here are Global Incubation Services' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 01, 2025 | - | - | 7047 | |
Sep 18, 2025 | - | - | 2749 | |
Apr 15, 2025 | - | - | 8652 | |
Jan 09, 2024 | - | - | 4648 | |
Nov 08, 2021 | - | - | 6178 |
Team profile of Global Incubation Services
Global Incubation Services has a team of 13 members including 4 Partners and 6 Principals located in India. Global Incubation Services' team does not sit on the board of any company as of now.Here is a list of top team members in Global Incubation Services:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Bengaluru | - | ||
Partner | - | - | - | |
Principal | - | - | - | |
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - | - | |
Principal | India | - | - | |
Principal | Haveri | - | - | |
Principal | Mangaluru | - | - |
Co-investors of Global Incubation Services
Over the past 13 years, 76 investors have co-invested in Global Incubation Services's portfolio companies. This includes funds and angels.
- Invested before Global Incubation Services: Sabyasachi Lenka, Tejaswy Appalla and 26 others have invested in rounds before Global Incubation Services. There is 1 company where Sabyasachi Lenka has invested before Global Incubation Services and 1 company where Tejaswy Appalla has invested before Global Incubation Services.
- Top Co-investors of Global Incubation Services: 8 investors entered a company along with Global Incubation Services. These include investors like Jerik (1 company).
- Invested after Global Incubation Services: A total of 40 investors have invested in Global Incubation Services's portfolio after their investments. Top Investors include Prashant Murthy (1 company) and Sunil Kumar HV (1 company).
