Industry News

Lulu IT Twin Towers to Launch in Kochi: Kerala’s Tallest Tech Landmark Redefines Innovation and Infrastructure 0
- Industry News
- June 25, 2025
Kochi is set to make a grand leap in the IT landscape with the Lulu IT Twin Towers launching on June 28. Built at ₹1,500 crore in SmartCity, Kakkanad, the 152-meter-high towers offer 35 lakh sq ft of premium workspace, world-class amenities, and the world’s most extensive robotic parking system.
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No Room at the Top: HITEC City’s Grade A Office Space Fully Leased as GCC Boom Continues 0
- Industry News
- June 24, 2025
Hyderabad’s HITEC City, a magnet for global capability centres (GCCs), has hit a leasing saturation point. With no Grade A office space available until late 2026, industry insiders reveal that major companies like Heineken are being pushed to explore nearby locations like the Financial District and Gachibowli.
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Incuspaze Expands with TRIOS Buyout as Zerodha Founders Back InCred 0
- Industry News
- June 24, 2025
Managed office provider Incuspaze has fully acquired coworking brand TRIOS in a cash-and-stock deal to strengthen its presence in Pune. Meanwhile, Zerodha founders Nikhil and Nithin Kamath invested ₹250 crore in InCred Holdings, highlighting growing confidence in India’s tech-led, scalable financial services.
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India’s Coworking Boom: Flex Spaces Redefine the Future of Work 0
- Industry News
- June 23, 2025
India’s coworking industry is undergoing a significant shift. What began as a startup trend has now transformed into a mainstream movement. With hybrid models, tech integration, and people-centric design, flexible workspaces redefine how businesses work, scale, and grow. Experts predict continued growth, especially among large enterprises seeking agility.
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Innov8 Sells 3% Stake at ₹1,000 Crore Valuation to Expand Amid Co-Working Boom 0
- Industry News
- June 23, 2025
OYO-backed co-working firm Innov8 has sold a 3% stake at a ₹1,000 crore valuation to fuel expansion plans. The Raymond Family Office led the investment round, acquiring nearly 2%. With over 90% occupancy and 30+ centres, Innov8 aims to reach 100 centres by year-end amid rising demand for flexible workspaces.
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Wipro Expands Airoli Footprint with ₹2.47 Crore Monthly Lease at Mindspace Business Parks 0
- Industry News
- June 23, 2025
IT giant Wipro has leased 3.87 lakh sq ft at Mindspace Business Parks in Airoli, near Mumbai, to expand its commercial footprint significantly. The 10-year lease, signed at ₹64 per sq ft, adds to Wipro’s existing 3.45 lakh sq ft in the park and includes an annual 5% rental escalation.
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