IndiQube surpasses 100 properties milestone
Workplace solutions company, IndiQube has surpassed the 100 properties milestone. The company that started 9 years ago with a single property in Bangalore has now expanded across 14 cities and caters to 700+ clients.
Today, IndiQube has a portfolio of over 7.2 million square feet with presence across major tier I cities including Bangalore, Pune, Chennai, Hyderabad, Mumbai, Gurgaon and Noida. Also, post pandemic the company has made its foray into tier II cities including Coimbatore, Jaipur, Madurai, Kochi, Vijayawada, Calicut and Mohali.
In Bangalore, IndiQube has 59 properties covering over 4.5 million square feet. Chennai follows with 14 properties spanning over 1 million square feet, and Pune with 11 properties across nearly 750,000 square feet. Notably, Coimbatore has emerged as a key market with around 270,000 square feet across 3 properties. The company takes a micro market specific approach establishing 1-2 large centers in key micro-markets and complements them with smaller centers to ensure reach and accessibility to enterprises.
Reflecting on the company’s growth, Rishi Das, Co-founder of IndiQube, said, “We have come a long way from being a managed office space provider in 2015 to becoming a one-stop workplace solutions company catering to needs of GCCs, Indian Enterprises, Unicorns & Startups.”
Co-founder Meghna Agarwal added, “Post-pandemic, we’ve noticed a shift in the way work is evolving. Work is now moving towards talent, and enterprises are increasingly adopting a distributed network of offices to accommodate hybrid workstyles.”
Sandeep Singhal, Co- Founder and Managing Partner at WestBridge Capital, a key investor in IndiQube said, “This is a significant milestone in IndiQube’s journey, and we are excited about their growth and ability to devise innovative approaches to keep pace with the ever-evolving workplace requirements. We are committed to supporting the Company and their initiatives to potentially transform traditional workplaces to more technologically advanced and sustainable ones across India."
