Meghna Agarwal, Executive Director and COO of IndiQube, is revolutionizing India’s commercial real estate sector. In nine years, she has expanded IndiQube to 100+ properties across 13 cities, driving revenue to INR 867.6 Cr in FY24. Her leadership has solidified IndiQube’s dominance in flexible workspaces while proving profitability at scale.
Meghna Agarwal, Executive Director and Chief Operating Officer of IndiQube cemented her position as a trailblazer in India’s commercial real estate sector. Over the past nine years, she has expanded IndiQube’s footprint to over 100 properties across 13 cities, offering 7.7 million+ square feet of office space. Her strategic vision and relentless execution have positioned IndiQube among the leaders in the flexible workspace industry.
With an 18.92% equity stake in IndiQube, Agarwal has played a pivotal role in the company’s financial success. IndiQube recorded a total income of INR 867.6 Cr in FY24, with a Cash EBIT of INR 113.3 Cr. This milestone demonstrates her belief that “profitability at scale is not a pipe dream,” even as global counterparts struggle.
Under Agarwal’s leadership, IndiQube has become the workspace of choice for industry giants like Myntra, upGrad, Zerodha, NoBroker, and RedBus. Her ability to anticipate market shifts and embrace hybrid workplace designs post-pandemic has fueled the company’s expansion into new markets. “Numerous initiatives, including aggressive technology adoption and reimagining product lines, ensured that IndiQube thrives in the post-COVID era,” Agarwal noted.
Beyond IndiQube, Agarwal has an impressive entrepreneurial track record, co-founding UltraFine Minerals and HirePro. She is also an angel investor in startups like Brick & Bolt and Third Wave Coffee Roasters. As a prominent Young Presidents’ Organization (YPO) member, she continues to shape the startup and real estate ecosystem.
Her achievements have been widely recognized. She was named among “Shepreneurs Women to Watch” by Entrepreneur Media in 2023 and won the “Women Entrepreneur of the Year” at the Startup Awards 2021. Additionally, IndiQube has been listed in Forbes DGEMS 2023 and Financial Times ‘Asia-Pacific High-Growth Companies’ for four consecutive years. “All these awards and recognitions testify to the fact that Meghna has been instrumental in pivoting IndiQube on its growth trajectory,” stated an industry expert.
As IndiQube continues to dominate the flexible workspace sector, Meghna Agarwal’s leadership is a testament to resilience, strategic foresight, and an unwavering commitment to innovation. Her journey is not just about scaling a business; it’s about reshaping the future of India’s commercial real estate landscape.
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