IndiQube raises USD 30 million to help finance the next phase of expansion

India’s preferred flexible workspace provider IndiQube has raised $30 million to help finance the next phase of expansion.

The funding round saw participation from IndiQube’s promoters, investment firm WestBridge Capital and angel investor Ashish Gupta. Out of $30 million, IndiQube’s promoters themselves have infused $17 mn.

“Over the next two years, we plan to more than double our pan-India footprint to more than 10 million square feet, venture into 15+ tier II cities and further ramp up technology integration, creating a consistent experience for our clients,” said Rishi Das, Cofounder, IndiQube.


IndiQube now has more than 4.5 msft of office space in more than 60 properties spread across 8 cities. It recently forayed into tier II, signing up more than 100,000 sft in Coimbatore.

Meghna Agarwal, Cofounder IndiQube said: “COVID19 has accelerated the adoption of flexible workspaces across the globe. We now look forward to even more exciting times ahead and thank WestBridge Capital for being a consistent partner for IndiQube in its growth journey.”

Founded in 2015, IndiQube is India’s leading flexible workspace provider that provides accessible, affordable, and personalized workspaces. Leveraging its in-house technology platform MiQube, IndiQube provides a smart building experience, catering to the evolving needs of thriving startups, offshore development centers and large enterprises, pan-India.

Its client list includes companies such as Myntra, Philips, Hitachi, Eli Lilly, Mahindra Logistics, Standard Chartered, Ola, Cars24, MakeMyTrip, Tata Digital, Toshiba and Zest.