Launch · Professional & Local Services
IndiQube signs ₹52 Cr workspace deal with Japanese e-commerce firm
By Startup Enthusiast ·

- Date
- Company
- IndiQube Spaces
- What it does
- Tech-enabled workspace solutions provider
- Kind
- Launch
- Amount
- ₹52 Cr
- Based in
- Bengaluru
What they do
IndiQube provides tech-enabled flexible workspaces for startups, enterprises, and Global Capability Centers
What happened
It signed a five-year, ₹52 crore agreement with a Japanese e-commerce giant for 35,000 sq. ft. in Bengaluru
Why it matters
The deal comes as India's flex office market crosses 100 million sq. ft. with Bengaluru a key hub
The details
- IndiQube signed a ₹52 crore workspace agreement with a Japanese e-commerce giant.
- The deal covers approximately 35,000 sq. ft. at Outer Ring Road, Bengaluru.
- The workspace will support the client's India operations for a five-year tenure.
- Separately, promoter group member Ashu Agarwal bought 1,14,751 equity shares between 16 Feb and 16 Mar 2026.
- The share purchase was disclosed voluntarily to stock exchanges on 17 March 2026.
- Co-founders Rishi Das and Meghna Agarwal commented on global e-commerce growth and enterprise needs.
The bigger picture
- India's flex office market crossed 100 million sq. ft., showing strong demand for managed workspaces.
- Bengaluru remains one of India's strongest office markets, making it a key location for such deals.
- The deal highlights growing interest from global e-commerce firms in Indian office space.
About the business
- IndiQube is a tech-enabled workspace solutions provider, branded as 'The Workplace Co.'
- Its platform streamlines facility bookings and HR management.
- MiQube™ is an integrated technology suite for operations.
- IndiQube Grow™ offers flexible workspaces for scaling businesses.
- DesignQube™ provides personalised workplace design and build services.
- IndiQare™ delivers a-la-carte services and technology for workspace management.
- IndiQube Eco™ focuses on sustainability-driven workspace transformation.
- Target segments include startups, Global Capability Centers, solopreneurs, and enterprises.
What happens next
- IndiQube will deliver the workspace to the Japanese e-commerce client in Bengaluru.
The deal
- Type
- Workspace agreement
Founders
- Rishi Das, Co-founder & CEO
- Meghna Agarwal, Co-founder
Other articles talking about it
More on IndiQube Spaces
- IndiQube opens large managed workspace in Noida15 July 2026 · Launch
- IndiQube appoints two senior leaders for business development and design as it expands enterprise offerings15 June 2026 · People
- IndiQube reports FY26 revenue growth and profitability20 May 2026 · Results · ₹1,450.8 Cr
- Promoters buy shares in IndiQube18 March 2026 · Stake sale
- IndiQube promoters plan open market share purchases20 February 2026 · News
- IndiQube IPO opens July 23, raises ₹700 crore17 July 2025 · IPO · ₹700 crore
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