Incuspaze launches co-working space in Gurgaon, to incubate AI, IoT startups Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding

Incuspaze, a Gurgaon-based co-working and incubation centre, will launch an incubation programme for startups in artificial intelligence, machine learning, IoT and big data, the company said in a statement on Monday. The 6,000 sq ft centre was launched by UK-based angel investor Sanjay Choudhary last week. Incuspaze will invest between Rs 1 -5 lakh in five to six startups in its batch, and will also offer parallel services such as marketing, accounting and legal. "We are building a global self-sustainable ecosystem for startups and entrepreneurs. We are not only providing a co-working space, but also investor support, mentoring, allied services, global partnerships and to ensure peak performance for all startup founders," said Choudhary in the statement. Choudhary said Incuspaze will enable startups to accelerate product/service development by implementing lean startup methodologies through calculated risk-taking.