IndiQube Spaces Limited, an integrated tech-enabled workspace solutions provider, has announced the signing of a workspace leasing agreement with a leading Global Capability Centre (GCC) in the healthcare technology sector. This development highlights the growing demand for flexible and scalable office solutions among global enterprises.
Under the agreement, the client has leased over 48,000 sq. ft. of premium Grade A workspace along the Outer Ring Road (ORR) corridor in Bengaluru, one of the city’s most sought-after commercial micro-markets. Notably, the valuation stands approximately a Rs 75 crore over a five-year tenure, reflecting strong leasing momentum in India’s office space market.
Commenting on the deal, Rishi Das, Cofounder of IndiQube, said, “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.”
Adding further perspective, Meghna Agarwal, Cofounder of IndiQube, said, “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.”
Financially, IndiQube has demonstrated strong growth momentum. For Q3 FY26, the company reported revenue of Rs 395 crore, marking a 45% year-on-year increase, while total income stood at Rs 403 crore. Furthermore, for the first nine months of FY26, revenue reached Rs 1,063 crore. The workspace solutions company also reported a profit after tax of Rs 40 crore for the December quarter and Rs 95 crore for the nine-month period on a reported basis.
IndiQube’s latest leasing deal underscores the rising importance of India as a GCC hub, particularly in high-growth sectors like healthcare technology. As demand for flexible, high-quality workspaces continues to surge, the company will capitalise on this trend and strengthen its presence in key commercial corridors like Bengaluru’s ORR.
