India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

IndiQube files for a ₹850 crore IPO to fund expansion, debt repayment, and corporate needs. Managing 103 centers across 13 cities, the workspace provider reported ₹868 crore in revenue in FY24. Backed by WestBridge Capital, IndiQube targets India’s growing flexible workspace demand, projected to hit 124 million sq ft by 2027.
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IndiQube transitioned to a public limited company, paving the way for its IPO. The coworking leader turned profitable in FY23 with ₹592.41 Cr in revenue and aims to raise ₹1,000–1,500 Cr to scale its dynamic growth.
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IndiQube’s success story combines a deep commitment to employee well-being and sustainability, driving profitable growth in India’s flexible workspace market. Learn how they’re leading the industry.
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IndiQube, a Bengaluru-based coworking provider, plans to raise INR 1,000-1,500 Cr through an IPO, primarily via fresh share issuance. The company, which operates in 12 cities and serves clients like Walmart and Philips, aims to file its draft red herring prospectus within three months.
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