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IndiQube Reviews

Bengaluru, Karnataka

4.0/ 5

1 review

IndiQube Spaces Limited, established on January 14, 2015, is a prominent managed workplace solutions provider headquartered in Bengaluru, Karnataka, India. Founded by Rishi Das and Meghna Agarwal, alongside Anshuman Das and Sanjay Mishra, the company was envisioned to revolutionize traditional office environments. Originally incorporated as Innovent Spaces Private Limited, it underwent subsequent name changes, ultimately transitioning into a public limited company under the name IndiQube Spaces Limited in December 2024. Today, the organization operates under the leadership of Co-Founder, Executive Chairman, and CEO Rishi Das, along with Co-Founder, COO, and Executive Director Meghna Agarwal. The core business operations of IndiQube revolve around the leasing and management of a vast network of shared, flexible, and fully or partly equipped workspaces. Catering to a diverse clientele that spans agile startups, major unicorns, Global Capability Centers (GCCs), and Fortune 500 enterprises, the company provides bespoke workspace solutions. Its infrastructure offerings are structurally divided into "Hubs," which serve as centralized office headquarters for core corporate teams, and "Spokes," which function as regional or satellite branch offices. Beyond physical space leasing, the company’s extensive service portfolio integrates customized design-and-build solutions, comprehensive facility management, asset maintenance, employee transportation, and office catering. These value-added services are supported by backward integration capabilities focused on asset renovation and forward integration providing specialized business-to-business and business-to-consumer solutions. Technology remains central to IndiQube’s ecosystem, primarily driven by its proprietary MiQube platform and mobile application. This digital solution allows member companies and employees to seamlessly manage daily workplace operations, handle employee transport scheduling, optimize office spaces, order food, and book localized gym or parking slots. Additionally, through its IndiQube Cornerstone vertical, the company extends its expertise into broader property and commercial asset management solutions. Financially, IndiQube has scaled through institutional support, notably raising $45 million in funding with prominent backing from WestBridge Capital. The company is publicly traded on the Indian stock exchanges, listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker symbol INDIQUBE. For the fiscal year ending March 31, 2026, IndiQube reported a consolidated revenue from operations of INR 1,469 crore, reflecting a notable 37% year-on-year growth, alongside an EBITDA of INR 301 crore (a 21% margin) and a Profit After Tax (PAT) of INR 125 crore. Operating within the highly competitive real estate services and commercial property sector, the company manages an expanding workspace footprint across India’s major metropolitan hubs, maintaining an active workforce of over 600 corporate professionals to support its extensive network of client organizations.