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Ikeva - About the company

Ikeva is a seed company based in Hyderabad (India), founded in 2012 by Srinath Parepally and Monika Misra. It operates as a Provider of custom-designed, flexible workspaces, including virtual and managed office solutions. Ikeva has raised $539K in funding from Meenakshi Group, with a current valuation of *****. The company has 1612 active competitors, including 107 funded and 69 that have exited. Its top competitors include companies like Smartworks, WeWork and Industrious.

Company Details

Provider of custom-designed, flexible workspaces, including virtual and managed office solutions. They offer co-working spaces, team offices, and enterprise solutions. The company delivers fully furnished offices with amenities and comprehensive services. They provide compliant workspaces that adapt to growth, allowing scaling for entrepreneurs and startups.
Social
XFacebook
Email ID
*****@ikeva.com
Phone Number
+91 **********
Registered Address
5thFloor, Block A&B, Ilabs Centre,Plot, No18, S/W Unit Layout, Survey No64, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081
Key Metrics
Founded Year
2012
Location
Hyderabad, India
Stage
Seed
Total Funding
$539K in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on Jan 11, 2019
Ranked
Annual Revenue
₹52.5Cr as on Mar 31, 2025
Employee Count
51 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
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Ikeva's funding and investors

Ikeva has raised a total funding of $539K over 4 rounds. Its first funding round was on Mar 28, 2015. Its latest funding round was a Seed round on Jan 11, 2019 for $*****. 1 investor participated in its latest round. Ikeva has 3 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Ikeva:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 11, 2019
3941460
Seed
7776495
9368456
6305687
3065737
Oct 01, 2018
1697481
Angel
6772627
2881387
4527546
Feb 24, 2018
9896913
Angel
8474751
6658242
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Ikeva's founders and board of directors

Founder? Claim Profile
The founders of Ikeva are Srinath Parepally and Monika Misra. Monika Misra is the CEO of Ikeva.
Here are the details of Ikeva's key team members:

Ikeva's Board of Directors

Ikeva's board has 6 active members. Srinath Parepally and Monika Misra are part of team and Gadhi Sridhar Raju, Padma Srinivas Murthy Matukumalli, Geethabali Andra and Archana Bangalore Miryala are independent board members.
Here is the list of Ikeva's board of directors:
Name
Type
Representing
Status
Duration
gjhohgg
Team
-
Past
4y 2m
twmwris
Team
-
Past
7y 2m
Independent board member
-
Current
3y 2m
zbdxifq
Independent board member
-
Current
9y 3m
xkqusor
Independent board member
-
Current
4y 1m
esbbavg
Independent board member
-
Past
7y 6m

Ikeva's employee count trend

Ikeva has 51 employees as of Aug 25. The total employee count is 4.0% more than what it was in Aug 24. Here is Ikeva's employee count trend over the years:
Employee count trend for Ikeva
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Ikeva's Competitors and alternates

Top competitors of Ikeva include Smartworks, WeWork and Industrious. Here is the list of Top 10 competitors of Ikeva, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smartworks
Smartworks
2016, Gurugram (India), Public
Operator of ready-to-use office spaces with integrated technology and amenities
$69.9M
81/100
2nd
Logo for WeWork
WeWork
2010, New York City (United States), Acquired
Provider of flexible workspace solutions, including coworking spaces and private offices
$12.8B
80/100
3rd
Logo for Industrious
Industrious
2013, New York City (United States), Acquired
Operator of flexible workspaces offering private offices and coworking solutions
$334M
77/100
4th
Logo for Convene
Convene
2009, New York City (United States), Acquired
Company that designs and operates a network of meeting, event, and flexible office spaces
$266M
76/100
5th
Logo for IndiQube
IndiQube
2015, Bengaluru (India), Public
Provider of a flexible workspace solutions for businesses
$45M
75/100
6th
Logo for 91Springboard
91Springboard
2012, Mumbai (India), Series B
Operator of shared workspaces, private offices, and virtual office solutions
$29.2M
72/100
7th
Logo for DevX
DevX
2017, Ahmedabad (India), Public
Provider of managed office spaces and coworking environments for businesses
$16.1M
71/100
8th
Logo for JustCo
JustCo
2011, Singapore (Singapore), Series C
Provider of managed co-working spaces for freelancers, startups, and small & large companies
$86M
69/100
9th
Logo for Bhive
Bhive
2014, Bengaluru (India), Seed
Chains providing coworking and managed office spaces with flexible options
$3.09M
69/100
10th
Logo for iSprout
iSprout
2016, Hyderabad (India), Seed
Provider of adaptable workspaces featuring amenities, services, and collaborative environments
$7.61M
68/100
47th
Logo for Ikeva
Ikeva
2012, Hyderabad (India), Seed
Provider of custom-designed, flexible workspaces, including virtual and managed office solutions
$539K
51/100
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Ikeva's Latest cap tables and shareholding

Founders (largest shareholder) own 36.49%, Funds own 7.08%, Enterprises own 6.33% and Angels own 6.06%. The net worth of Ikeva's founders is INR 11.5Cr as of Jan 11, 2019.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
36.49%
11.5Cr
6897702
1199804
3965453
9395160
739
227
937
530
686
184
548
675
283
671
918
807
Fund
7.08%
2.24Cr
4007315
4831448
3260003
9321819
Enterprise
6.33%
2Cr
408539
298590
500352
226584
Angel
6.06%
1.92Cr
568542
751408
297659
909353
135
350
311
928
448
363
2
5
7
7
5
1
Other People
38.18%
12.1Cr
6253258
5452070
6716640
2045640
ESOP Pool
5.85%
1.85Cr
71769
68013
46871
25593
Total
99.99%
31.6Cr
6233877
3376877
5488479
4572187
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Ikeva's Shareholding

Ikeva's Investments and acquisitions

Ikeva has not made any acquisitions yet. Ikeva has made 6 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 05, 2015
Investments
2012
Chennai (India)
Apr 30, 2014
Investments
2013
Chennai (India)
Mar 27, 2014
Investments
2012
Mumbai (India)
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