Indiqube Signs ₹52 Cr Workspace Deal with Japanese E-Commerce Giant
IndiQube Spaces Limited has announced a significant ₹52 crore workspace deal with a prominent Japanese e-commerce giant. The agreement covers approximately 35,000 sq. ft. at Outer Ring Road, Bengaluru, for a five-year tenure. This fully managed, enterprise-grade workplace will support the client's India operations. The transaction highlights the robust growth in India's flex office market, which has surpassed 100 million sq. ft., with Bengaluru remaining a key hub for global businesses. This deal further solidifies IndiQube's role as a preferred partner for Global Capability Centers (GCCs), which now comprise over 40% of its portfolio, emphasizing the strategic importance of tailored, tech-enabled workspaces for rapid expansion and operational flexibility.
Key Highlights
- Indiqube secured a ₹52 crore workspace deal.
- Deal is with a major Japanese e-commerce firm for 35,000 sq. ft.
- Five-year tenure for a fully managed office in Bengaluru.
- Reinforces IndiQube's strong position in the flex office market.
- GCCs now form over 40% of IndiQube's portfolio.