IndiQube secures Rs 75 crore GCC deal amid 45% revenue surge in Q3 FY26
IndiQube Spaces Limited, an integrated tech enabled workspace solutions platform, has announced the signing of a workspace leasing agreement with a leading Global Capability Centre in the healthcare technology space.
The client has taken up over 48,000 sq.ft. of premium Grade A workspace along the Outer Ring Road corridor, one of Bengaluru's most sought-after commercial micro markets.
The deal is valued at around Rs 75 crore over a five-year tenure.
Commenting on the development, Rishi Das, Cofounder, IndiQube, said, "We are seeing a clear acceleration in demand from GCCs, especially in sectors like healthcare technology where India is becoming a hub for global innovation and delivery. These organizations are setting up highly specialized teams and are looking for workspace partners like IndiQube who can support them with speed, flexibility, and reliability."
Meghna Agarwal, Cofounder, IndiQube, said, "GCCs today account for close to 40% of our portfolio, and what stands out is their clear preference for strategically located, high-quality workspaces within established talent catchments like ORR. With a 'follow the talent' approach, we have focused on building depth within key talent catchments, enabling us to support GCCs across different stages of growth and evolving operational needs."
For Q3 FY26, IndiQube reported revenue of Rs 395 crore, up 45% year on year, with total income at Rs 403 crore.
For the first nine months of FY26, revenue stood at Rs 1,063 crore. The company reported a profit after tax of Rs 40 crore for the December quarter and Rs 95 crore for the nine month period on the reported basis.
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