IndiQube Secures ₹52 Crore Managed Workspace Deal for 700-Plus Seats in North Bengaluru
Bengaluru, June 2, 2026: IndiQube Spaces Limited, a tech-enabled workspace solutions platform, has announced the signing of a ₹52 crore workspace agreement with a prominent consulting and management services company. The transaction spans a five-year tenure and covers over 700 seats in Yelahanka, marking another significant enterprise mandate for IndiQube in one of North Bengaluru’s fast-emerging commercial corridors, the company said in a press release.
The transaction highlights a broader shift currently underway across India’s commercial real estate market. Sector experts note that consulting, professional services, and knowledge-led enterprises are progressively seeking workspaces that facilitate accelerated team deployment, robust business continuity, operational flexibility, and an enhanced employee experience. As infrastructure improves and commercial activity expands beyond traditional core corridors, occupiers are increasingly evaluating North Bengaluru to leverage its access to residential catchments, fresh talent pools, and reduced congestion compared to more mature micro-markets.
Commenting on the enterprise mandate, Rishi Das, Co-founder & CEO of IndiQube, said, “This mandate reflects how workplace decision making is evolving among large enterprises in consulting and adjacent knowledge sectors. Companies are looking beyond conventional office delivery models and are prioritising speed, reliability, employee experience, and the ability to scale with lower operational friction. This transaction had also reinforced our view that managed workspaces are becoming a strategic outsourcing solution for enterprises for their holistic workspace requirements.”
The custom-built workspace features specialized amenities designed to cater to modern corporate workflows, incorporating wellness rooms, collaborative zones, phone booths, focus rooms, and a robust IT and server infrastructure.
Highlighting the operational focus of the project, Meghna Agarwal, Co-founder of IndiQube, added, “What stood out in this deal was how clearly the client’s workplace requirements were centred around both experience and performance. The space had been designed with wellness rooms, collaborative zones, phone booths, focus rooms, and strong IT and server infrastructure, creating an environment that could support different workstyles while ensuring operational reliability. This transaction had demonstrated the value of a full stack workspace platform that could bring together design, operations, hospitality, and technology capable of supporting long term business needs.”
