IndiQube Signs ₹ 75 Crore Workspace Deal with Leading Healthcare Tech GCC in Bangalore

Bangalore, March 31, 2026:

IndiQube Spaces Limited, a prominent tech-enabled workspace solutions platform, has finalized a significant leasing agreement with a leading Global Capability Centre (GCC) in the healthcare technology sector. The deal involves over 48,000 sq. ft. of premium Grade A office space situated along Bengaluru’s highly coveted Outer Ring Road (ORR) corridor. Valued at approximately ₹75 crore over a five-year tenure, the transaction highlights the sustained demand for high-quality, scalable work environments within India’s primary commercial micro-markets, the company said in a press release. 

The agreement underscores a broader trend of GCCs seeking established business districts to house specialized teams, further cementing IndiQube’s role as a key partner for international firms expanding their Indian footprint. As the healthcare technology sector continues to position India as a global hub for innovation, the requirement for sophisticated infrastructure has become a priority for multinational corporations. This latest acquisition by a major health-tech player reflects the strategic importance of the ORR corridor as a premier destination for global delivery and research.

Rishi Das, Cofounder of IndiQube, noted the shifting market dynamics, stating, “We are seeing a clear acceleration in demand from GCCs, especially in sectors like healthcare technology where India is becoming a hub for global innovation and delivery. These organizations are setting up highly specialized teams and are looking for workspace partners like IndiQube who can support them with speed, flexibility, and reliability.”

The deal also reveals the significant role that Global Capability Centres play in the managed office sector, now accounting for nearly 40% of IndiQube’s total portfolio. By focusing on “talent catchments” such as the Outer Ring Road, workspace providers are aligning their inventory with the geographical preferences of a highly skilled workforce. This proximity to talent remains a decisive factor for GCCs as they navigate various stages of operational growth and long-term scaling.

Meghna Agarwal, Cofounder of IndiQube, elaborated on this strategy, saying, “GCCs today account for close to 40% of our portfolio, and what stands out is their clear preference for strategically located, high-quality workspaces within established talent catchments like ORR. With a ‘follow the talent’ approach, we have focused on building depth within key talent catchments, enabling us to support GCCs across different stages of growth and evolving operational needs.”

With a presence across 17 cities and over 9.55 million sq. ft. under management, IndiQube continues to expand its reach by blending design, technology, and hospitality. The company’s growth trajectory remains closely linked to the rise of future-ready work environments tailored for startups and large enterprises alike, as the Indian commercial real estate landscape moves toward increasingly integrated and managed office solutions.

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