IndiQube Secures ₹54 Crore Workspace Lease Deal in Pune
IndiQube Spaces Limited, a leading co-working space operator, has signed a significant workspace leasing agreement with a prominent Global Capability Centre (GCC) client in Pune. The deal involves the leasing of 1,140 seats at the company's IndiQube Orchid property in Yerwada for a five-year term, valued at ₹54 crore.
- The company's statement reveals that the GCC client has leased the space for a period of five years.
- IndiQube noted that 40% of its portfolio is dedicated to leasing spaces to GCCs, highlighting the growing demand for such services.
Co-Founders Weigh in on the Partnership
Co-founder Rishi Das commented on the growing trend of GCCs outsourcing their workspace requirements to partners like IndiQube, stating:
“Over the last few years, we have seen GCCs evolve into strategic hubs that drive innovation and deliver global outcomes. Today, nearly 40% of our client portfolio comprises GCCs. What is becoming increasingly evident is their growing preference for partners like IndiQube, to whom they can fully outsource their workspace requirements.”
Co-founder Meghna Agarwal added:
“What stood out in this engagement was how the space has been designed very closely around the client’s global operating needs. A space that brings together labs, server rooms, collaborative hubs, focused bays, phone booths and training zones within a single integrated workplace. Our strong recall within the GCC ecosystem comes from consistently delivering such tailored environments PAN India.”
About IndiQube
IndiQube is a co-working space platform offering managed office solutions tailored to startups, Global Capability Centres (GCCs), and large enterprises. The company:
- Was listed on the stock exchange last year.
- Has a presence in 17 cities.
- Manages over 9.55 million sq ft of office space.