IndiQube
Real Estate · India · 501-1,000 Employees
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Overview
Headquarters
plot no. 53 Kariyammana Agrahara Rd, Pan...Phone Number
+91 7349282552Website
www.indiqube.comRevenue
$1 BillionIndustry
ZI Rank: 2
Signal Type
Dec
Jan
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May
ZI Rank
4
2
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4
4
2
About IndiQube
IndiQube is a flexible workspace solutions provider headquartered in Bengaluru, Karnataka, India. Founded in 2015, the company offers a comprehensive suite of services spanning the design, build, operations, and management of workspaces for enterprises, startups, small and medium-sized businesses, and offshore development centers. IndiQube's model delivers an end-to-end workspace experience encompassing space planning, interior build-out, and technology-enabled B2B and B2C services, providing clients with a scalable and flexible alternative to traditional long-term office leases. The company operates across multiple cities in India with a growing portfolio of managed office properties, serving a diverse client base that includes large multinational corporations, unicorn startups, and emerging businesses. IndiQube's technology-driven approach to smart building management supports productivity, scalability, and employee experience, positioning the company as a leading managed workspace pRead more
IndiQube Org Chart
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Company Profile Activity
Activity Insights
IndiQube is experiencing very low activity levels compared to other companies in the Real Estate sector.
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IndiQube is drawing exceptional interest within the Real Estate industry, suggesting notable developments or strong market momentum, learn more about IndiQube.
IndiQube financials insights
Gather financial insights about IndiQube, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2018
Series A
$15M
2022
Unspecified
$30M
IndiQube Tech Stack
A closer look at the technologies used by IndiQube
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Most Recent Scoops
Earnings
IndiQube is profitable under IGAAP accounting standards. However, under Ind AS accounting standards, the company reports losses due to the capitalization requirements for long-term leases of 15 to 20 years, which result in higher depreciation on Right of Use (ROU) assets and interest on lease liabilities compared to actual payments to landlords.
Accounting, Financial Reporting, Finance
Project
IndiQube has renovated a 350,000 sq ft, 50-year-old building on MG Road at Trinity Circle, acquired from the Deccan Herald family. The renovation included creating basement parking with 650 car parking spaces across three towers of 150,000, 100,000, and 150,000 sq ft. One of the towers was leased to BlackRock, which invested in 8,000 sq ft of interior fit-out for their space.
Construction, Leasing
Earnings
reported a profit after tax (PAT) of approximately INR 95 crores for the nine months in FY 26 under IGAAP accounting standards.
Earnings, Accounting, Financial Reporting, Finance
Earnings
IndiQube has been paying income tax for the last three years, calculated on IGAAP numbers rather than Ind AS numbers, indicating actual profitability under IGAAP standards.
Accounting, Financial Reporting, Finance, Tax
Award
Award, Finance
IndiQube News & Media
IndiQube Spaces targets 30-35% growth in FY26, eyes 85% occupancy
Managed workspace operator IndiQube guides for 30-35% revenue growth in FY26, plans up to 2 million sq ft annual addition, and aims to sustain 80-85% occupancy36 Women Entrepreneurs At The Helm Of Unicorns And Soonicorns In India - Inc42
On the International Women’s Day today, Inc42 celebrates the contributions made by women leaders to the Indian startup ecosystemWestBridge Capital invests $15 mn in co-working space startup IndiQube
Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs 100 crore) in a Series A round from WestBridge Capital Partners, a public markets-focused private equity firm. The round also saw participation from Ashish Gupta, co-founder of venture capital firm Helion Ventures, who serves on the advisory board of the company. Rishi Das, co-founder and chairman of IndiQube, told VCCircle that the Bengaluru-based firm
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Frequently Asked Questions Regarding IndiQube
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IndiQube is a flexible workspace solutions provider headquartered in Bengaluru, Karnataka, India. Founded in 2015, the company offers a comprehensive suite of services spanning the design, build, operations, and management of workspaces for enterprises, startups, small and medium-sized businesses, and offshore development centers. IndiQube's model... Read More
