Indiqube Signs ₹54 Crore Workspace Leasing Deal in Pune
Filing Summary
Indiqube Spaces Limited has entered into a workspace leasing agreement with a major GCC client in Pune. The agreement involves the leasing of 1140 seats at IndiQube Orchid, valued at approximately ₹54 Crores over a five-year period. This transaction highlights Indiqube’s engagement with Global Capability Centers (GCCs), which constitute a significant portion of its client base. The leased space is designed to meet the client’s global operational needs, incorporating various functional areas within a single integrated workplace.
Indiqube Spaces Limited has announced a workspace leasing agreement with a major GCC client in Pune. The agreement involves the leasing of 1140 seats at IndiQube Orchid. The deal is valued at approximately ₹54 Crores over a tenure of five years.
The GCC client will occupy multiple floors within the IndiQube Orchid facility. The space is designed to accommodate the client’s global operational needs, featuring labs, server rooms, collaborative hubs, focused bays, phone booths, and training zones. This design approach aligns with Indiqube’s strategy to provide tailored workspace solutions for its clients.
Indiqube’s client portfolio includes a significant proportion of Global Capability Centers, which account for nearly 40% of its clientele. The company’s focus on delivering customized environments has contributed to its strong presence within the GCC ecosystem across India.
Indiqube is a rapidly growing workspace platform in India, offering managed office solutions tailored to startups, GCCs, and large enterprises. The company operates in 17 cities and manages over 9.55 million square feet of workspace. Indiqube combines design, technology, and hospitality to create work environments that are ready for the future.