In a significant development in the flexible workspace sector, IndiQube Spaces Limited has secured a major leasing agreement with a Global Capability Centre (GCC) client in Pune.
The company signed a deal for 1,140 seats at its IndiQube Orchid property in Yerwada, with a total value of ₹54 crore. According to a statement issued on March 20, the lease agreement is set for a duration of 5 years. The identity of the client has not been disclosed.
IndiQube highlighted that GCCs now account for nearly 40% of its overall client portfolio, reflecting their growing role in driving demand for managed office spaces.
“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,” said Rishi Das, co-founder, IndiQube.
Meghna Agarwal, co-founder, IndiQube, 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.”
IndiQube operates as a co-working space platform offering managed office solutions for startups, GCCs, and large enterprises. The company was listed on the stock exchange last year and currently has a presence in 17 cities, managing over 9.55 million sq ft of workspace.
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