Ikeva - About the company
Ikeva is an acquired company based in Hyderabad (India), founded in 2012 by Parepally Srinath 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 last known valuation of $*****. The company has 2260 active competitors, including 106 funded and 108 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.
- Website
- www.ikeva.com/
- Social
- 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
Acquired
Total Funding
$539K in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 11, 2019
Investors
Ranked
15th among 2260 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
51 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Incuspaze (Jun 07, 2026)
Legal entities associated with Ikeva
Ikeva is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
IKEVA VENTURE AND KNOWLEDGE ADVISORY SERVICES PRIVATE LIMITED CIN: U74140TG2012PTC082230 , India, Active | Jul 30, 2012 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 42 (As on Apr 01, 2026) |
Ikeva's acquisition details
Ikeva got acquired by Incuspaze on Jun 07, 2026.
Click here to take a look at Ikeva's acquisition in detail
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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 4 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Ikeva:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 11, 2019 | 6909615 | Seed | 8875618 | 3532559 | 1166071 | 3660642 |
Oct 01, 2018 | 1351172 | Angel | 7513220 | 4193831 | 3221510 | |
Feb 24, 2018 | 1813779 | Angel | 7866507 | 2510075 |
Access funding benchmarks and valuations. Sign up today!View details of Ikeva's funding rounds and investors
Ikeva's founders and board of directors
Founder? Claim ProfileHere are the details of Ikeva's key team members:
- Parepally Srinath: Director of Ikeva. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Monika Misra: Founder & CEO of Ikeva. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
Ikeva's Board of Directors
Ikeva's board has 6 active members. Parepally Srinath and Monika Misra are part of team and Gadhi Sridhar 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 |
|---|---|---|---|---|
hnmhzas | Team | - | Past | 6y 8m |
bnqbkrr | Team | - | Past | 1y 8m |
Independent board member | - | Current | 3y 8m | |
dh{kfim | Independent board member | - | Current | 4y 5m |
ihqmsad | Independent board member | - | Current | 4y 9m |
lirbbkt | Independent board member | - | Past | 5y 1m |
View details of Ikeva's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Smartworks 2015, Gurugram (India), Public | Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces | $70M | 81/100 | |
2nd | WeWork 2010, New York City (United States), Acquired | Provider of flexible workspace solutions, including coworking spaces and private offices | $12.8B | 76/100 | |
3rd | Industrious 2013, New York City (United States), Acquired | Operator of flexible workspaces offering private offices and coworking solutions | $334M | 76/100 | |
4th | Provider of a flexible workspace solutions for businesses | $45M | 74/100 | ||
5th |  91Springboard 2012, Mumbai (India), Series B | Operator of shared workspaces, private offices, and virtual office solutions | $29.2M | 72/100 | |
6th |  Convene 2009, New York City (United States), Acquired | Hospitality-led venue network offering meeting, event, and flexible workspace solutions | $266M | 72/100 | |
7th | Provider of managed co-working spaces for freelancers, startups, and small & large companies | $86M | 72/100 | ||
8th | Chains providing coworking and managed office spaces with flexible options | $3.09M | 70/100 | ||
9th |  Bruntwood 1976, Manchester (United Kingdom), Series D | Provider of integrated commercial property and workspace solutions | $525M | 70/100 | |
10th | Chains providing flexible office spaces and shared professional work environments | $26.7M | 68/100 | ||
15th | Provider of custom-designed, flexible workspaces, including virtual and managed office solutions | $539K | 63/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Ikeva's competitors? Click here to see the top ones
Ikeva's Latest cap tables and shareholding
Founders own 36.49%, Enterprises own 13.41%, Angels own 6.07% and Other People (largest shareholder) own 38.18%. 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 | 4716935 | 7567469 | 5064990 | 6399093 |
326 | 585 | 617 | 192 | 510 | 854 | |
197 | 690 | 464 | 998 | 210 | 242 | |
Enterprise | 13.41% | 4.24Cr | 5944194 | 8614711 | 3689013 | 7800830 |
Angel | 6.07% | 1.92Cr | 604744 | 315604 | 875792 | 328336 |
566 | 795 | 818 | 798 | 718 | 983 | |
1 | 5 | 6 | 7 | 4 | 3 | |
Other People | 38.18% | 12.1Cr | 7765893 | 7475152 | 5689678 | 3937066 |
ESOP Pool | 5.85% | 1.85Cr | 76006 | 58230 | 22468 | 14237 |
Total | 100.00% | 31.6Cr | 8534584 | 7139963 | 1344609 | 4053998 |
To unlock detailed Cap Table of Ikeva Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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:Filter this list
Filter this listDate 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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Reports related to Ikeva
Here is the latest report on Ikeva's sector:
News related to Ikeva
Media has covered Ikeva for 1 event in last 1 year.
•
Incuspaze Acquires iKeva in 100% Buyout to Bolster Presence in Southern MarketsEntrackr•Jun 08, 2026•Ikeva, Incuspaze
•
Hyderabad-Headquartered IKeva Raises Funds For Expansion Of Co-Working Spaces In IndiaFranchise India•Feb 01, 2019•Ikeva
•
•
iKeva Launches Co-Working Space In Gurugram And Mumbai; Amidst Aggressive Expansion PlansIndianWeb2•Jul 13, 2017•Ikeva
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